AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On December 12, 2016, Airborne Wireless Network, a Nevada
corporation (the Company), entered into and executed a written
Memorandum of Understanding with Electric Lightwave Holdings,
Inc., a fiber-based network services provider in the western
United States (Lightwave) (the Memorandum).
to the provisions of the Memorandum, the ground segment of our
contemplated Infinitus Super Highway will be supported by
Lightwaves 12,500-mile fiber optics cable and data center
network, which is located throughout the western United States,
including an undersea cable link to the Hawaiian Islands.
The foregoing information regarding of the Memorandum does not
purport to be complete and is qualified in its entirety by
reference to the Memorandum, a copy which is attached hereto as
Exhibit 10.1 and is in incorporated herein by this reference.
ITEM 7.01 REGULATION FD
On December 27, 2016, the Company issued a press release
announcing the Memorandum.
A copy of that press release is attached to this Current Report
as Exhibit 99.1. In accordance with General Instruction B.2 of
the Form 8-K, the information set forth in this ITEM 7.01 and in
that press release is deemed to be furnished and shall not be
deemed to be filed for purpose of the Securities Exchange Act of
1934, as amended (the Exchange Act) and shall not be incorporated
by reference into any registration statement or other document
filed under the Securities Act of 1933, as amended, or the
Exchange Act, except as shall be expressly set forth by specific
reference in such filing. The information set forth this ITEM
7.01 shall not be deemed an admission as to the materiality of
any information in this Current Report that is required to be
disclosed solely to satisfy the requirements of Regulation FD.
ITEM 9.01.FINANCIAL STATEMENTS AND EXHIBITS.
| (d) |
Number |
Exhibits |
| 10.1 |
Memorandum of Understanding between Airborne Wireless Network and Electric Lightwave Holdings, Inc. dated December 12, 2016. |
|
| 99.1 |
Press Release dated December 27, 2016, announcing the Memorandum of Understanding between Airborne Wireless Network and Electric Lightwave Holdings, Inc. |
About AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN)
Airborne Wireless Network, formerly Ample-Tee, Inc., is a development-stage company. The Company is developing a meshed network. The Company is seeking opportunities for the acquisition of assets. For its wholesale carrier network, the Company intends to use commercial aircraft as mini-satellites. The Company’s wholesale carrier network would be the airborne broadband pipeline, providing connectivity for broadband carrier services using commercial aircraft. As of May 31, 2016, the Company had no operations and had not earned any revenues. AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN) Recent Trading Information
AIRBORNE WIRELESS NETWORK (OTCMKTS:ABWN) closed its last trading session 00.00 at 1.42 with shares trading hands.