HDD Investment Holdings Corp. agreed to acquire KMT-Hansa Corp. (TSXV:KMC.H) in a reverse merger transaction on October 29, 2018. Under the terms, KMT will issue its own shares to HDD such that HDD will become the majority shareholder in KMT. The Agreement is subject to KMT's shareholder's and regulatory approval. KMT will seek shareholder approval for i) the transaction, ii) a change in its name to a name to be proposed by HDD, iii) the valuation of HDD that will determine the number of shares of the Company to be issued to HDD shareholders, iv) a consolidation of the common shares if needed, v) a new stock option plan, and vi) a new slate of directors to be nominated by HDD subject to completion of the transaction. The Transaction will be subject to various conditions imposed by the parties, terms of a definitive agreement, the TSX Venture Exchange, and regulatory bodies in Canada or Anguilla. HDD Investment Holdings Corp. cancelled the acquisition of KMT-Hansa Corp. (TSXV:KMC.H) in a reverse merger transaction on January 14, 2019.