ECO SCIENCE SOLUTIONS, INC. (OTCMKTS:ESSI) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Ga-Du Bank, which operates through the Southern Cherokee Nation
Red Fire People Central Bank (SCNRFP CB), operated by a Governing
Board and Banking Oversight Secure Committee, of the Southern
Cherokee Nation Red Fire People, to acquire the Ga-Du Bank. The
Letter of Intent is the framework for the Company and the Ga-Du
bank to formalize the acquisition of the Ga-Du Bank following
completion of the Companys due diligence. The Company has hired
Attorneys Mark Skaist and Ben Frydman with the law firm of
Stradling Yocca Carlson Rauth, PC, specializing in corporate law
and familiar with the banking industry.
5, 2017, and it was not clear in the press release that the Ga-Du
Bank is operated through the SCNRFP Central Bank; approval by the
Chief of the SCNRFP for the acquisition of Ga-Du Bank has been
given to the Company and the Company is now working through the
due diligence process. Once the due diligence is complete, and
approved by the Company, the Company will take further steps to
close the transaction. In the event the due diligence is not
favorable, the Company will not move forward with the
transaction. Both the Ga-Du bank and the Company are working
diligently to complete this transaction and once finalized, those
documents will be filed.
| Exhibit No. | Description |
| 10.1 | Letter of Intent |
| 99.1 | Press Release dated May 5, 2017 |
forward-looking statements that involve numerous risks and
uncertainties which may be difficult to predict. The statements
contained in this Current Report Form 8-K that are not purely
historical are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended (the
Securities Act), and Section 21E of the Exchange Act, including,
without limitation, the management of the Company and the
Companys expectations, beliefs, strategies, objectives, plans,
intentions and similar matters. All forward-looking statements
included in this Current Report Form 8-K are based on information
available to the Company on the date hereof. In some cases, you
can identify forward-looking statements by terminology such as
may, can, will, should, could, expects, plans, anticipates,
intends, believes, estimates, predicts, potential, targets,
goals, projects, outlook, continue, preliminary, guidance, or
variations of such words, similar expressions, or the negative of
these terms or other comparable terminology.
uncertainties, and actual results or events may differ materially
from those projected or implied in those statements.
forward-looking statements are reasonable, any of the assumptions
could prove to be inaccurate. We can give no assurance that the
results contemplated in the forward-looking statements will be
realized. The inclusion of this forward-looking information
should not be construed as a representation by the Company or any
person that the future events, plans, or expectations
contemplated by our company will be achieved.
statements, which contemplate our current beliefs and are based
on information currently available to us as of the date a
particular forward-looking statement is made. Any and all such
forward-looking statements are as of the date of this Current
Report Form 8-K. We undertake no obligation to revise such
forward-looking statements to accommodate future events, changes
in circumstances, or changes in beliefs, except as required by
law. In the event that we do update any forward-looking
statements, no inference should be made that we will make
additional updates with respect to that particular
forward-looking statement, related matters, or any other
forward-looking statements. Any corrections or revisions and
other important assumptions and factors that could cause actual
results to differ materially from forward-looking statements may
appear in the Companys public filings with the SEC, which are
available to the public at the SECs website at www.sec.gov.
About ECO SCIENCE SOLUTIONS, INC. (OTCMKTS:ESSI)
Eco Science Solutions, Inc., formerly Pristine Solutions, Inc., is a technology-focused company. The Company develops technical solutions, including enterprise software solutions, entertaining and useful content generation for mass distribution, and consumer applications for daily use. Its services include business location, localized communications between consumers and business operators, social networking, educational content, e-commerce and delivery. The Herbo application helps consumers in finding products and services that support the intake of alternative medicines for a naturopathic way of living. The Fitrix application is a companion that helps user to keep track of their day-to-day fitness routines, dietary habits and alternative medicine intake. Its pHion Balance focuses on developing nutritional supplements that take the guesswork out of supplementing the body in the healthy way. It also offers on-demand delivery services. The Company has not generated any revenues. ECO SCIENCE SOLUTIONS, INC. (OTCMKTS:ESSI) Recent Trading Information
ECO SCIENCE SOLUTIONS, INC. (OTCMKTS:ESSI) closed its last trading session 00.00 at 2.37 with 115,720 shares trading hands.