20/20 GLOBAL, INC. : Completion of Acquisition or Disposition of Assets, Changes in Control or Registrant, Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

ITEM 2.01-COMPLETION OF ACQUISITION OF DISPOSITION OF ASSETS

In December 2020, 20/20 Global, Inc. ("20/20 Global") entered into definitive agreements with Ehave, Inc., an Ontario corporation ("Ehave"), Mycotopia Therapies Inc., a Florida corporation and wholly owned subsidiary of Ehave ("MYC"), and the former and current directors of 20/20 Global that provide for: (i) 20/20 Global's purchase for $350,000 in cash of all of the outstanding stock of MYC from Ehave under a Stock Purchase Agreement, resulting in MYC becoming a wholly owned subsidiary of 20/20 Global; and (ii) the change of control of 20/20 Global's board of directors and management under a Change of Control and Funding Agreement. In a related transaction, Ehave agreed to purchase 9,793,754 shares of 20/20 Global common stock, which constitute approximately 75.77% of the issued and outstanding shares of 20/20 Global's common stock, for $350,000 in cash through a Stock Purchase Agreement ("MYC SPA") with 20/20 Global stockholders Mark D. Williams, Colin Gibson, and The Robert and Joanna Williams Trust. Prior to these transactions, neither 20/20 Global nor its officers and directors had a material relationship with Ehave, MYC, or their respective officers and directors.

A closing of the transactions contemplated by the above documents initially scheduled for January 4, 2021, was delayed by agreement. All of the above transactions were closed on January 19, 2021.

As a result of the MYC SPA, MYC became a wholly owned subsidiary of 20/20 Global, through which we plan to conduct our operations. MYC is a development-stage enterprise that proposes to develop a business to provide psychedelic-enhanced holistic methodologies to improve mental wellbeing. In the next five years, our business model will focus on the following areas: palliative care, depression, and anxiety. We will leverage our minority equity interest in PsychedeliTech Inc. to create new opportunities for our shareholders and partners. We hope to license and acquire access to technology and companies that will build added value for our company as this industry matures.

                   ITEM 5.01-CHANGES IN CONTROL OF REGISTRANT

See Item 2.01 above. Under the Change of Control and Funding Agreement, the current directors and officers of 20/20 Global resigned and will be replaced by designees of Ehave as set forth in Item 5.02 below.

  ITEM 5.02-DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
                        APPOINTMENT OF CERTAIN OFFICERS

Under the above Change of Control and Funding Agreement, Mark D. Williams and Colin Gibson resigned as officers and directors, and Benjamin Kaplan and Mark Croskery were appointed to serve as replacement directors, subject to completion of all regulatory requirements. This agreement also provided for Mr. Kaplan to serve as president and secretary of 20/20 Global.

                  ITEM 9.01-FINANCIAL STATEMENTS AND EXHIBITS

(a)Financial Statements of Businesses Acquired:

The audited financial statements of Mycotopia Therapies, Inc., as of December 31, 2019, and for the year then ended, are filed as Exhibit 99.01 to this report and are incorporated herein by reference. The unaudited financial statements of Mycotopia Therapies, Inc. as of September 30, 2020, and for the interim period then ended, are filed as Exhibit 99.02 to this report and are incorporated herein by reference.

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(b)Pro Forma Financial Information:

Pro forma financial information giving effect to the acquisition of Mycotopia Therapies, Inc. is included herewith as Exhibit 99.03.

(c)Exhibits:



Exhibit
Number*              Title of Document                          Location

Item 10   Material Contracts
 10.04      Stock Purchase Agreement between 20/20   Incorporated by reference from
          Global, Inc. and Ehave, Inc.               the Current Report on Form 8-K
                                                     filed December 29, 2020.

 10.05      Change of Control and Funding            Incorporated by reference from
          Agreement                                  the Current Report on Form 8-K
                                                     filed December 29, 2020.

 10.06      Amendment to Escrow Agreement and        Incorporated by reference from
          Definitive Agreements                      the Current Report on Form 8-K
                                                     filed January 6, 2021.

Item 99   Miscellaneous
 99.01      Audited Financial Statements of          This filing.
          Mycotopia Therapies, Inc., as of and for
          the Fisca    l Year Ended December 31,
          2019

 99.02      Unaudited Financial Statements of        This filing.
          Mycotopia Therapies, Inc., as of and for
          the Nine M    onths Ended September 30,
          2020

 99.03      Pro forma     Financial Information      This filing.


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*All exhibits are numbered with the number preceding the decimal indicating the applicable SEC reference number in Item 601 and the number following the decimal indicating the sequence of the particular document. Omitted numbers in the sequence refer to documents previously filed as an exhibit.

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