INVESTVIEW, INC. (OTCMKTS:INVU) Files An 8-K Entry into a Material Definitive AgreementITEM 1.01—ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On November 13, 2017, InvestView, Inc., entered into three material definitive agreements:
The first is a Product Contribution Agreement with Priam Technologies, Inc., a Seychelles international business company. Under the terms of that agreement, Priam will arrange for InvestView to enter into a license agreement with Binnacle Research Marketing, Inc., for the rights to a software program used in the foreign currency exchange market under the name Multiplier 2.0 or “Ryze” for use in the direct sales market. In consideration, InvestView will grant to Priam 25,000,000 shares of InvestView’s common stock upon execution of the agreement, with earn-out provisions for an additional 150,000,000 shares.
The second is the Exclusive License Agreement with Binnacle Research Marketing, Inc., under which Investview will actually license the Ryze technology. Upon execution of the agreement, InvestView will grant to Binnacle 20,000,000 shares of its common stock, with earn-out provisions for another 20,000,000 shares.
The third agreement is a Product Contribution Agreement under which InvestView will acquire from WestMyn Technology Services, Inc., a Delaware corporation, the right to lease certain hardware and firmware to be used in mining cryptocurrencies. Under the terms of that agreement, Investview will issue 40,000,000 shares upon execution, with WestMyn to receive up to another 85,000,000 shares under certain earn-out provisions.
Although Priam, Binnacle, and WestMyn are affiliates of each other, they are not affiliates of InvestView, and these agreements were the result of arm’s-length negotiations between InvestView and each of the entities.
ITEM 3.02—UNREGISTERED SALES OF EQUITY SECURITIES
See Item 1.01 above. In each instance, the shares were issued as the result of arm’s-length negotiations directly with the recipient 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. 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 are filed as exhibits to this report:
|Exhibit Number*||Title of Document||Location|
|10.30||Product Contribution Agreement between InvestView, Inc., and Priam Technologies, Inc., entered November 13, 2017||Attached|
|10.31||Exclusive License Agreement between InvestView, Inc., and Binnacle Research Marketing, Inc., entered November 13, 2017||Attached|
|10.32||Product Contribution Agreement between InvestView, Inc., and WestMyn Technology Services, Inc., entered November 13, 2017||Attached|
|*||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. ExhibitEX-10.30 2 tv479675_ex10-30.htm EXHIBIT 10.30 Exhibit 10.30 PRODUCT CONTRIBUTION AGREEMENT This PRODUCT CONTRIBUTION AGREEMENT (“Agreement”) is made effective as of October 31st,…To view the full exhibit click
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.