JunkieDog.com, Inc. (OTCMKTS:JKDG) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01Entry Into A Material Definitive
JunkieDog.com Inc (the Company) entered into an agreement to
purchase 70% of the issued and outstanding capital stock of
Cafesa Co., a Florida corporation that is a coffee wholesaler.
The Company will pay a total of $420,000 in cash and stock for
the interest in Cafesa. There will be two initial cash payments
in May and August 2017, followed by 8 quarterly payments of cash
Cafesa will become a majority owned subsidiary of Grand Havana
Master LLC. The Agreement also calls for the Company to enter
into an employment agreement with the principal of Cafesa, Luis
Ravelo, who will head the Companys wholesale operations. Mr.
Ravelo will also be appointed to the Companys Board of Directors
upon closing of the transaction. The Agreement calls for the
first payment to be made to selling shareholders of Cafesa on May
|ITEM 9.01||FINANCIAL STATEMENTS AND EXHIBITS|
10.1 Cafesa Co. Acquisition Agreement
About JunkieDog.com, Inc. (OTCMKTS:JKDG)
JunkieDog.com, Inc., formerly Unique Underwriters, Inc., is an e-commerce/distribution company. The Company operates an online e-commerce marketplace, JunkieDog.com. It is engaged in the sale of domestic and imported merchandise. JunkieDog.com specializes in manufacturing, product sourcing and global distribution of a variety of products ranging from consumer electronics to department store merchandise. The products offered by JunkieDog.com include women’s shoes, Hanes products, pet carriers and exercise pens, hydroponic supplies, light emitting diode (LED) lights, heat presses and paper supplies, among others. The Company offers products of various brands, such as Coach, Carlos Santana, Calvin Klein, Born-H, BCB Generation, Bandolino, Anne Klein, Aerosoles and Adrienne Vittadini. It distributes products through multiple channels, including retail e-commerce, whole and bulk sales of liquidated merchandise. JunkieDog.com, Inc. (OTCMKTS:JKDG) Recent Trading Information
JunkieDog.com, Inc. (OTCMKTS:JKDG) closed its last trading session up +0.0150 at 0.0250 with 50,750 shares trading hands.