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AfterMaster, Inc. (OTCMKTS:AFTM) Files An 8-K Other Events

AfterMaster, Inc. (OTCMKTS:AFTM) Files An 8-K Other EventsItem 8.01. Other Events.

On December 9, 2016, AfterMaster, Inc. (the “Company”) entered into a Consulting and License Agreement (the “Agreement”) with ICON Health & Fitness, Inc. (“ICON”), to which the Company would act as audio technology development consultant to develop an Aftermaster based sound module for use or integration with ICON’s exercise equipment and provide audio tuning services to provide improved sound quality for ICON’s audio enabled equipment, and to which ICON would pay the Company a per module fee and receive a license from the Company to use or sell the modules and use the software relating to each module.
ICON Health and Fitness, Inc. is the world’s largest manufacturer and marketer of home fitness equipment. ICON manufactures treadmills, elliptical trainers, stationary bicycles, weight machines and benches, and yoga and Pilates equipment. ICON has a wide range of brands, products and technologies, and sells home fitness and health club equipment under the following brands: NordicTrack®, ProForm®, Weider®, Gold’s Gym® Home Fitness and FreeMotion®. Their fitness technology brand, including WiFi-enabled fitness equipment and fitness wearables, is iFit®.
About AfterMaster, Inc. (OTCMKTS:AFTM)
Aftermaster, Inc. is an audio technology company. The Company and its subsidiaries are engaged in the development and commercialization of audio and video technologies for professional and consumer use, including AfterMaster audio, ProMaster, Aftermaster Pro and MyStudio. As of June 30, 2016, the Company operated six recording and mastering studios at its Hollywood California facility. AfterMaster Audio Technology is an internally-developed mastering, remastering and audio processing technology. AfterMaster Pro is a personal audio re-mastering device. Aftermaster Pro transforms the audio of television, smartphone, headphones, laptop, tablet, gaming unit, or virtually any audio-enabled device. ProMaster is an online music mastering, streaming and storage service designed for independent artists, which utilizes audio technologies developed by it. ProMaster will master a user’s uploaded music and allows them to compare up to 90 seconds of their original to the newly mastered songs. AfterMaster, Inc. (OTCMKTS:AFTM) Recent Trading Information
AfterMaster, Inc. (OTCMKTS:AFTM) closed its last trading session up +0.010 at 0.400 with 70,835 shares trading hands.
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