of America (NYSE:BAC) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement.

On April 28, 2017, Property Management Corporation of America
(the Company) entered into a Software License Agreement (the
License Agreement) with Finger Motion Company Limited, a Hong
Kong corporation (the Licensor), that provides the Company the
worldwide license to market and sell several role-playing video
games. Role playing video games (RPGs) are a specific video game
genre in which the player controls the actions of a game
character (and/or several characters) that are immersed in a
well-defined world. The Licensor has developed and/or acquired
the rights to at least three such RPGs, currently marketed, or
soon to be marketed, in the Peoples Republic of China. The
license is for an initial term of 10 years with subsequent 5-year
extensions at the option of the parties. The Company shall assume
all cost and expenses incurred with the acquisition, registration
of, and performance of this license. As consideration for the
license, the Company has agreed to issue to Licensors designees,
Cheong Chee Ming, Cheong Leong Foong and Liew Siew Chin, a total
of 100,000 shares of its Series A Preferred Stock.

The License Agreement contains other provisions customary to
transactions of this nature. Theforegoing descriptions are
qualified in their entirety by reference tothe License Agreement,
which is filed herewith as Exhibit 10.1 andincorporated herein by
reference.

Item 3.02 Unregistered Sales of Equity
Securities.

The information set forth in Item 1.01 of this Current Report on
Form 8-K is incorporated herein by reference.

The Company claims an exemption from the registration
requirements of the Securities Act of 1933, as amended (Act), for
the private placement of these securities toSection 4(2) of the
Act since, among other things, the transaction did not involve a
public offering, that each of Licensors designees is an
accredited investor, that each of the designees resides outside
of the United States, and that each designee had access
toinformation about the Company, accepted the securities for
investment and not resale, and the Company took appropriate
measures to restrict the transfer of the securities.

Item5.01Changes in Control of
Registrant.

The information set forth in Item 1.01 of this Current Report on
Form 8-K is incorporated herein by reference.

Item5.03.Amendments to Articles of Incorporation or
Bylaws.

On May 15, 2017, the Company filed a Certificate of Designation
of Series A Preferred Stock with the Secretary of State of the
State of Delaware. The Series A Preferred Stock will vote
together with the Common Stock and not as a separate class except
as specifically provided herein or as otherwise required by law.
Each share of Series A Preferred Stock shall have 200 votes. The
voting rights of the Series A Preferred Stock shall apply
regardless of whether the Company has a sufficient number of
authorized but unissued shares of Common Stock then available for
conversion. As a result, if all shares of Series A Preferred
Stock are issued, the holders thereof will have voting control of
the Company.

The holders of the Series A Preferred Stock shall not be entitled
to receive dividends paid on the Common Stock and the Preferred
Stock shall not accrue any dividends.

The shares of Series A Preferred Stock shall not have or be
subject to any redemption rights or preemptive, subscription or
similar rights in respect to any securities of the Company.

A copy of the Certificate of Designation is attached hereto as
Exhibit 3.1 and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

About of America (NYSE:BAC)

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

of America (NYSE:BAC) Recent Trading Information

of America (NYSE:BAC) closed its last trading session down -0.02 at 24.03 with 50,688,798 shares trading hands.