Item 1.02 Termination of a Material Definitive Agreement.

On January 18, 2023, the Company, Alpharidge Capital LLC, ("Alpharidge") a California limited liability company, controlled by Frank I Igwealor, and Kristin Simpson-Oloso entered into an agreement to terminate a previously executed Securities Purchase Agreement of June 24, 2022 (the "SPA"), by which Kristin Simpson-Oloso purchased five billion (5,000,000,000) shares of IL2M International Corp.'s Common stock and one million (1,000,000) shares of the "2022 Series A Super Voting Preferred Stock, in exchange for a $475,000 convertible note payable in favor of Alpharidge Capital, LLC. Pursuant to the "Cancellation Agreement and Mutual Release," Kristin Simpson-Oloso shall resign from all officer and directorship position she held in the Company. Furthermore, Kristin Simpson-Oloso shall return the Company's shares that she received consisting of five billion (5,000,000,000) shares of Common stock and one million (1,000,000) shares of the "2022 Series A Super Voting Preferred Stock.




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

On January 18, 2023, following the execution of Cancellation Agreement and Mutual Release between the Company, Alpharidge Capital, and Kristin Simpson-Oloso, Kristin Simpson-Oloso resigned her position as President and CEO, Director, Secretary, and Treasurer.of the Company with immediate effect.

On January 18, 2023, following the resignation of our previous officer and director, Mr Ambrose O Egbuonu was appointed as the Company's new as President and CEO, Director, Secretary, and Treasurer.

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Item 9.01 Financial Statements and Exhibits.

(d) Financial Statements of Businesses Acquired.





99.1    Cancellation Agreement and Mutual Release

99.2   Resignation and Appointment Resolution

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