INVESTVIEW, INC. (OTCMKTS:INVU) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01—ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On March 6, 2019, Investview, Inc. entered into a Joint Venture Agreement jointly with AI Data Consulting LLC and Freedom Enterprise, LLC, both United Arab Emirates limited liability companies. The joint venture formed by this agreement (the “Joint Venture”) will conduct its business under the product and brand name “APEX” and will be managed by SAFETEK LLC, a Utah limited liability company and our wholly owned subsidiary. The Joint Venture has been formed for the purpose of acquiring, reselling, and operating high-speed computer processing equipment for intense industry processing applications using a specific distribution model in the multi-level or network marketing sector and the unique structure of a leaseback from the purchasing party for deployment to our high-speed computing operations.
ITEM 3.02—UNREGISTERED SALES OF EQUITY SECURITIES
AI Data Consulting and Freedom Enterprises were granted an aggregate of 400,000,000 shares of our common stock upon execution of the agreement, all of which are subject to forfeiture if the Joint Venture does not meet certain milestones established in the agreement.
These securities were issued as a the result of arm’s-length negotiations directly with the recipients in reliance on the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended, for transactions not involving any public offering, and Rule 506(b). No advertising or general solicitation was employed in offering the securities. No underwriter participated in the offer and sale of these securities, and no commission or other remuneration was paid or given directly or indirectly in connection therewith.
ITEM 9.01—FINANCIAL STATEMENTS AND EXHIBITS
The following is filed as an exhibit to this report:
Title of Document
Joint Venture Agreement among Investview, Inc., AI Data Consulting LLC, and Freedom Enterprise, LLC
All exhibits are numbered with the number preceding the decimal indicating the applicable SEC reference number in Item 601 and the number following the decimal indicating the sequence of the particular document. Omitted numbers in the sequence refer to documents previously filed as an exhibit.
Investview, Inc. Exhibit
EX-10.45 2 exhibit1045jv_invuaifevfi.htm MATERIAL CONTRACTS Blueprint DocuSign Envelope ID: D43063CE-F414-480A-BF64-7CD03F77644B JOINT VENTURE AGREEMENT THIS JOINT VENTURE AGREEMENT (the “Agreement”),…
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About INVESTVIEW, INC. (OTCMKTS:INVU)
Investview, Inc. is a financial services company. The Company operates primarily through its subsidiaries, to provide financial products and services to accredited investors, self-directed investors and select financial institutions. It also provides investor education products and newsletters that provide trading ideas. In addition, it offers Foreign Exchange Currency trading newsletters. Its products include Live workshops and workshop certificates; online training and courses; coaching/counseling services; Website/data fees (monthly), and Website/data fees (pre-paid subscriptions). It provides a range of products that allow the self-directed individual investor to find, analyze, track and manage his or her portfolio. Its primary legacy product is an all-inclusive online education, analysis and application platform. The Company provides solution to its clients in the financial community by providing an array of information services that include stock market information and tools.