NATIONAL WASTE MANAGEMENT HOLDINGS, INC. (OTCBB:KOJA) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement

On February 28, 2017 (the “Closing Date”), to Bills of Sale, Burts Refuse LLC, a New York Limited Liability Company (the “Seller”), sold its tangible and intangible assets (except for the Seller’s cash and accounts receivable), to our wholly owned subsidiary, Waste Recovery Enterprises, LLC, a New York limited liability company (the “Buyer”). The total purchase price of $420,000 (the “Purchase Price”) represents: (a) $150,000 cash on the Closing Date; and (b) a five year, 6% Buyer financed note (the “Note”) for $270,000 with monthly payments of $5,220 until the Purchase Price is paid in full. The Note is collateralized by vehicles, containers and dumpsters owned by the Buyer. The Note is secured with a purchase money security agreement and UCC-1 filing on the equipment. The Note is subject to a 5 year non-compete by the Seller to not compete within a 100-mile radius of 930 Co Road 11, West Davenport, New York, which address is near our office in Sidney, New York. The Purchase Price allocation is estimated as follows: (a) equipment of $225,000; (b) customer list of $75,000; (c) non-compete agreement of $10,000; and (d) goodwill of $110,000. The foregoing transaction expands our operations by adding garbage haulers, adding both residential and commercial customers to our routes and expanding our roll-off operations.

Item 2.01. Completion of Acquisition or Disposition of Assets.

The applicable information set forth in Item 2.01 of this Current Report on Form 8-K is incorporated by reference in this Item 1.01.

About NATIONAL WASTE MANAGEMENT HOLDINGS, INC. (OTCBB:KOJA)

National Waste Management Holdings, Inc. (NWMH), formerly Kopjaggers, Inc., is a waste management company with operations in Upstate New York and Central Florida. The Company’s business focuses on over five businesses related to waste removal and management, such as Landfill Services; Roll-off Dumpster Services; Commercial and Residential Trash Collection; Transfer Station Operations, and Mulch Products. NWMH’s landfill facilities service both waste from its own operations in roll-off dumpster services and third parties, either individual or corporate. Its roll-off dumpster services the Hernando, Florida area and surrounding counties, providing dumpsters for lease for construction sites and special events. It provides collection services under one of two types of arrangements: for commercial and industrial collection services and for most residential collection services. It owns approximately one transfer station in New York. It provides mulching services as a retail component.

NATIONAL WASTE MANAGEMENT HOLDINGS, INC. (OTCBB:KOJA) Recent Trading Information

NATIONAL WASTE MANAGEMENT HOLDINGS, INC. (OTCBB:KOJA) closed its last trading session at 0.0000 with shares trading hands.