LIVE CURRENT MEDIA INC. (OTCMKTS:LIVC) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Extension of LOI
Live Current Media Inc. (the “Company”) and Cell MedX Corp. (“Cell MedX”) have agreed to extend the terms of their letter of intent (the “LOI”) for the acquisition of exclusive worldwide distribution rights to the eBalance microcurrent device. The Company and Cell MedX have agreed to extend the period for negotiation of a definitive agreement for an additional 90 days past the date of the extension agreement. A copy of the signed extension agreement is attached as Exhibit 10.2 to this report.
A copy of the Company’s news release with respect to the LOI is attached as Exhibit 99.1 to this report.
ITEM 8.01 OTHER EVENTS.
Grant of Options Outside of 2018 Stock Option Plan
On December 10, 2018, Live Current Media Inc. granted stock options for the purchase of up to 100,000 shares of the Company’s common stock to an investor relations consultant of the Company. The options granted are outside of the Company’s 2018 Stock Option Plan, and have an exercise price of $0.10 per share, expiring 18 months after the grant date.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d)Exhibits
(1) Filed as an exhibit to the Company’s Current Report on Form 8K, filed on September 20, 2018.
Live Current Media Inc. Exhibit
EX-10.2 2 exhibit10-2.htm EXHIBIT 10.2 Live Current Media Inc….
To view the full exhibit click here
About LIVE CURRENT MEDIA INC. (OTCMKTS:LIVC)
Live Current Media Inc. (Live Current) is focused in tapping into the ways in which people interact with information providing more opportunities for consumers to discover share and interact with the information they are passionate about in their daily lives. The Company through its wholly owned principal operating subsidiary, Domain Holdings Inc. (DHI), builds consumer internet experiences around its portfolio of domain names. DHI’s current business strategy is to develop, or to seek partners to develop, its domain names to include content, commerce and community applications.