EXPERIENCE ART AND DESIGN, INC. (OTCMKTS:EXAD) Files An 8-K Regulation FD DisclosureITEM 7.01 Regulation FD Disclosure
Experience Art and Design – Update:
Experience Art and Design Inc. "EXAD" would like to take this time to update shareholders on the future of the Company.
EXAD has been working to close a transaction with a multimillion dollar revenue producing company with positive net income. We have worked out a frame work of a Triangular Reverse Merger which includes EXAD filing its 1st quarter report and obtaining DTC access. The incoming company must supply audited financials for the last two years and the first 3 months of this year.
EXAD received its refund back this week from the attorney it hired to assist the Company with entering the DTC System, EXAD will now in the coming days hire Island Stock Transfer as we have mentioned before. The audit of the incoming is slated to begin the week of May 22, 2017 and anticipated to take up to six weeks to complete. EXAD will be filing a 14c regarding the transaction in the beginning of June, once the 14c has been filed it will take approximately forty five days to complete the Reverse Merger. All current officer and directors of EXAD will resign at closing and the incoming company will assume control.
About EXPERIENCE ART AND DESIGN, INC. (OTCMKTS:EXAD)
Experience Art and Design, Inc. is a development-stage company. The Company is focused on two primary business models: the re-work of existing oil wells and dry cleaners, through two subsidiary companies: TransAmerican Oil and Metropolitan Dry Cleaners respectively. TransAmerican Oil is an oil and gas company, pursuing either producing turnkey oil wells, or developing fresh oil wells on producing leases within the Continental United States. The properties in which TransAmerican Oil is pursuing interests, are in various stages of development. TransAmerican is focused on the exploration, development and production of properties geographically located in the Continental United States. Metropolitan Dry Cleaners provide dry cleaning, laundry, and garment alteration services, along with regular home pick-up and delivery services. Metropolitan Dry Cleaners will have both production facilities and retail storefronts to complement its pick-up and delivery service. EXPERIENCE ART AND DESIGN, INC. (OTCMKTS:EXAD) Recent Trading Information
EXPERIENCE ART AND DESIGN, INC. (OTCMKTS:EXAD) closed its last trading session 00.00000 at 0.00200 with 751,000 shares trading hands.
