BRK, Inc. (OTCMKTS:BRKK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

BRK, Inc. (OTCMKTS:BRKK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

Effective February 28, 2017, Christopher Stramacchia, resigned as
a director and Chief Technology Officer of BRK, Inc., Nevada
corporation (the Company), both positions which he had held since
August 17, 2016, as evidenced by his written consents to those
offices on such dates.

Item 8.01 Other Events.

Revenue Assignment and Benefit Transfer Agreement;
Services Agreement

On July 25, 2016, the Company filed with the Securities and
Exchange Commission a Current Report on Form 8-K, disclosing,
among other things, that to the terms and conditions that certain
Patent Assignment and Technology Transfer Agreement (the Patent
Assignment and Technology Transfer Agreement), dated May 6, 2016,
by and between BRK, Inc., a Nevada corporation (the Company) and
iSee Automation Inc., a federal Canada corporation (iSee
Automation), the Company purchased U.S. Patent Application No.
15/079,847, Helmet System (the Patent) and related technology for
a helmet camera system, including intellectual property covered
by the Patent. The Patent covers technology designed to
wirelessly transmit video images from a small, mobile camera to
live broadcast (the Helmet Camera and Broadcast Technology).

to the terms and conditions of the Patent Assignment and
Technology Transfer Agreement, the Company issued 5,000,000
shares of common stock to iSee Automation.

The U.S. U.S. Patent and Trademark Office subsequently published
an Assignment of Abstract of Title, date record July 13, 2017,
for conveyance of the Patent from iSee Automation Inc. to BRK,
Inc.

In connection with the acquisition of the Patent, the Company
also entered into that certain Revenue Assignment and Benefit
Transfer Agreement, dated September 16, 2016, by and between the
Company and iSee Automation (the Revenue Assignment Agreement).
Under the Revenue Assignment Agreement, iSee Automation is
obligated to deliver to the Company any and all revenues obtained
by iSee Automation based on the Helmet Camera patent application
previously purchased by BRK from iSee Automation under the Patent
Assignment and Technology Transfer Agreement via wire transfer or
via direct delivery from customers.

Although we have clear title to and no restrictions to use our
intellectual property,disputes may arise regarding theRevenue
Transfer Agreement, including but not limited to, the scope and
duration of payment of royalties other interpretation-related
issues.

On May 17, 2016, the Company entered into that certain Agreement
for Services, dated May 17, 2017, by and among the Company, iSee
Automation Inc. (Ontario), and Christopher Stramacchia. to the
terms and conditions of the Agreement for Services, [a]ny patents
derived from the research done jointly and severally by all the
above named parties shall be the property of BRK, Inc., in
consideration for the Company paying $10,000 to iSee Automation
(Michigan), which $10,000 the Company paid to iSee Automation
(Michigan) on or about May 17, 2016.

On or about February 27, 2017, Christopher Stramacchia, President
of iSee Automation, notified the Company that it believes that
iSee Automation terminated the Agreement for Services. The
Company believes that there is no basis in law or equity for iSee
Automation to unilaterally decide to terminate the Agreement for
Services and plans to enforce its rights thereunder.

On or about February 28, 2017, Christopher Stramacchia, President
of iSee Automation, notified the Company that it believes that
iSee Automation terminated the Revenue Assignment Agreement. The
Company believes that there is no basis in law or equity for iSee
Automation to unilaterally decide to terminate the Revenue
Assignment Agreement and plans to enforce its rights thereunder.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits:

Exhibit

Description

10.1

Patent Assignment and Technology Transfer Agreement, dated
May 6, 2016, by and between BRK, Inc., and iSee Automation
Inc.

10.2

Patent Assignment from iSee Automation, Inc. to BRK, Inc.

10.3

Revenue Assignment and Benefit Transfer Agreement, dated
September 16, 2016, by and between BRK, Inc., and iSee
Automation Inc.

10.4

Agreement for Services, dated May 17, 2017, by and among
the Company, iSee Automation Inc. (Ontario), and
Christopher Stramacchia.

10.5

Indemnification Agreement, dated August 17, 2016, by and
between BRK, Inc. and Christopher Stramacchia.

17.1

Consent of Christopher Stramacchia, dated August 17, 2016,
to being appointed Chief Technology Officer of BRK, Inc.

17.2

Consent of Christopher Stramacchia, dated August 17, 2016,
to being appointed director of BRK, Inc.

17.3

Letter dated February 28, 2017, from Christopher
Stramacchia to BRK, Inc.

99.1

U.S. Patent and Trademark Office Notice of Recordation of
Assignment dated June 7, 2017.

99.2

Patent Assignment Cover Sheet, dated July 13, 2017, for
conveyance of Patent Application from iSee Automation Inc.
to BRK, Inc.

99.3

U.S. Patent and Trademark Office Assignment of Abstract of
Title, date record July 13, 2017, for conveyance of Patent
Application from iSee Automation Inc. to BRK, Inc.

99.4

Consent in Lieu of Special Meeting of the Board of
Directors of BRK, Inc., dated August 17, 2016, appointing
Christopher Stramacchia as Chief Technology Officer and a
director of BRK, Inc.


About BRK, Inc. (OTCMKTS:BRKK)

BRK, Inc. has developed a product for the repair of hanging venetian blinds. As part of this development, the Company has completed the development and is engaged in building a machine to make the parts for blind repair that it is selling. The Company’s product, Blind Repair Kit, consists of a plastic mold that provides invisible repairs for vertical blinds that has had their hanging hole ripped. The Blind Repair Kit allows the blind owner to extend the life of the blind vane and eliminates the need to special order or replace blinds due to damage. The Blind Repair Kit is manufactured in the United States in its own facility.

BRK, Inc. (OTCMKTS:BRKK) Recent Trading Information

BRK, Inc. (OTCMKTS:BRKK) closed its last trading session down -0.012 at 0.264 with 2,500 shares trading hands.

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