Maple Tree Kids, Inc. (OTCMKTS:MPTR) Files An 8-K Entry into a Material Definitive Agreement

Maple Tree Kids, Inc. (OTCMKTS:MPTR) Files An 8-K Entry into a Material Definitive Agreement

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ITEM 1.01 Entry into A Material Definitive Agreement.

Stock Purchase Agreement

On December 28, 2016, Maple Tree Kids, Inc. (the Company) entered
into and closed the transactions contemplated by a stock purchase
agreement (the Stock Purchase Agreement) between the Company,
Aircom Pacific, Inc., a California corporation (Aircom), and
Irina Goldman, the sole director, President, Treasurer, Secretary
and controlling shareholder of the Company. to the stock purchase
agreement, Aircom purchased 7,000,000 shares (the Shares) of the
Companys common stock, par value $0.001, from Irina Goldman for
$320,000, or $0.0457, per share. The Shares represent
approximately 86.3% of the Companys issued and outstanding common
stock as of the closing. Accordingly, as a result of the
transaction, Aircom became the controlling shareholder of the
Company.

Aircom acquired the Shares and now owns the following percentage
of the outstanding common stock of the Company:

Name

Number

of Shares

Percentage of Registrant

Aircom Pacific, Inc.

7,000,000 86.3 %

Aircom used its working capital to acquire the Shares. Aircom did
not borrow any funds to acquire the Shares.

Prior to the Closing, Aircom was not affiliated with the Company.
However, Aircom will be deemed an affiliate of the Company after
the Closing as a result of its stock ownership interest in the
Company.

The foregoing description of the terms of the Stock Purchase
Agreement is qualified in its entirety by reference to the
provisions of that document filed as Exhibit 10.1 to this report
and incorporated by reference herein.

Change of Business Plan

The Company expects to promptly file a notice with the Financial
Industry Regulatory Authority (FINRA) for the approval of a name
change to Aerkomm Inc. and a new ticker symbol as well as a
planned 1 for 10 reverse split of its common stock. The Company
will file an additional Current Report on Form 8-K once FINRA has
approved the planned corporate actions and assigned the Companys
new ticker symbol. Additionally, once these corporate actions are
completed, the Company expects to engage in a share exchange
transaction with the shareholders of Aircom to which the Company
will issue shares of its common stock to the Aircom shareholders
in exchange for all of their Aircom shares, and Aircom will
surrender to the Company for cancellation its 7,000,000 shares of
Company common stock. The Company expects to complete this share
exchange transaction sometime during the first quarter of 2017.
Following the consummation of the share exchange transaction, the
Company expects to discontinue its business of selling infant and
toddler products through the internet and instead solely engage
in the business of providing in-flight entertainment and
connectivity systems to commercial airlines through Aircom, which
will become its wholly-owned subsidiary upon consummation of the
share exchange transaction.

Except as contemplated by the Stock Purchase Agreement and except
as otherwise expressly described herein, neither Aircom nor the
Company has any other specific plans or proposals at this time
which relate to or would result in:

the acquisition by any person of additional securities of
the Company

an extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Company or any
of its subsidiaries;

a sale or transfer of a material amount of assets of the
Company or of any of its subsidiaries;

any material change in the present capitalization or
dividend policy of the Company;

any other material change in the Company’s business or
corporate structure;

changes in the Company’s charter, bylaws or instruments
corresponding thereto or other actions which may impede the
acquisition of control of the issuer by any other person;

causing a class of securities of the Company to be delisted
from a national securities exchange or to cease to be
authorized to be quoted in an inter-dealer quotation system
of a registered national securities association;

a class of equity securities of the Company becoming
eligible for termination of registration to Section
12(g)(4) of the Securities Act; or

any similar action to those enumerated above.

ITEM 5.01 Changes in Control of Registrant.

Reference is made to the disclosure set forth under Item 1.01 of
this report, which disclosure is incorporated herein by
reference. As a result of the closing of stock purchase
transaction, the control of the Company has been transferred from
Irina Goldman to Aircom.

ITEM 5.02 Departure of Directors or Principal Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.

In connection with the closing of the stock purchase transaction,
on December 28, 2016, Irina Goldman, the sole director of the
Company, submitted her resignation letter, to which she resigned
from all offices of the Company that she held effective as of the
closing of the stock purchase transaction. The resignation of Ms.
Goldman was not in connection with any known disagreement with
the Company on any matter.

On December 28, 2016, Mr. Jeffrey Wun was appointed to the board
of the directors, effective as of December 28, 2016. Mr. Wun was
also appointed as the President, Treasurer and Secretary of the
Company. The Company and the newly appointed officer have not
entered into any arrangement regarding the payment of
compensation for acting as an officer or director of the Company.
Mr. Wun is also the Chief Technical Officer of Aircom.

There are no arrangements or understandings between Mr. Wun and
any other persons to which he was selected as an officer. Mr. Wun
was appointed until his successor is duly elected and qualified.
There has been no transaction, nor is there any currently
proposed transaction between Mr. Wun and the Company, that would
require disclosure under Item 404(a) of Regulation S-K.

Mr. Wun is a technologist who has more than 25 years experiences
in the communications industry. Mr. Wun worked at Kairos System
Inc. where he served as CEO from 2003 to 2010. He joined MediaTEK
USA Inc. in November 2010 as professional engineer where he
worked until December 2012. He then joined Samsung Electronics
Co., Ltd. as Senior Staff Engineer in December 2012 where he
worked until May 2015. He joined Aircom Pacific Inc as CTO in May
2015. Mr. Wun received his BS in Biochemistry and Computer
Science from Chinese University of Hong Kong in 1988.

Mr. Wun expects to spend approximately five hours per month on
the Companys business and affairs until the share exchange
transaction described above is consummated. Thereafter, Mr. Wun
will devote his full business time to the affairs of the Company
and its then wholly-owned subsidiary, Aircom.

ITEM 5.07 Submission of Matters to a Vote of Security
Holders.

Immediately following closing of the stock purchase transaction
on December 28, 2016, Aircom, as the holder of approximately
86.3% of the total issued and outstanding voting capital stock of
the Company, approved by written consent an amendment of the
Companys Articles of Incorporation to (i) change the name of the
Company to Aerkomm Inc. and (ii) effectuate a 1 for 10 reverse
split of the Companys outstanding common stock. Such approval and
consent constitute the approval and consent of at least a
majority of the total number of shares of the Companys
outstanding common stock and is sufficient under Section78.320 of
the Nevada Revised Statutes, the Companys Articles of
Incorporation and the Companys Bylaws to approve such amendments.
As noted above, the Company expects to promptly file a notice
with FINRA for the approval such amendments. Upon such approval,
the Company will file a Certificate of Amendment with the
Secretary of State of the State of Nevada to effectuate such
amendments.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

10.1

Stock Purchase Agreement dated as of December 28, 2016
between the Registrant and AirCom Pacific, Inc.


About Maple Tree Kids, Inc. (OTCMKTS:MPTR)

Maple Tree Kids, Inc. is a Web-based retailer of children’s clothing, accessories and other personalized gifts for children. The Company is a retail distribution company selling all of its products over the Internet in the United States. The Company operates through infant and toddler products segment. The Company’s products consist of personalized infant and toddler clothing, toys, towels, wash clothes, bibs, disposable products, blankets, baby wraps and slings, wet bags and other accessories. The Company sells products through its Website www.polkadotpatch.com. The Company works with customers to personalize their gift selections to their specifications by placing a child’s name, favorite colors and theme or picture design on the items they order to provide them and their children or others. It also sells a range of infant and toddler products, including backpacks; gift baskets; infant and toddler holiday items; children’s room decorative items, and gifts for mothers.

Maple Tree Kids, Inc. (OTCMKTS:MPTR) Recent Trading Information

Maple Tree Kids, Inc. (OTCMKTS:MPTR) closed its last trading session at 0.0000 with shares trading hands.

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