Thread Cartel LLC entered into an agreement to acquire Lemont Inc. in a reverse merger transaction on July 14, 2017. Under the terms of the purchase agreement, at the closing an aggregate of 18.9 million shares of our common stock were issued to the holders of Smoke Cartel in exchange for their membership interests of Smoke Cartel. Post the transaction, Smoke Cartel became our wholly-owned subsidiary of Lemont. In a related transaction, Lemont entered into an agreement of conveyance, transfer and assignment of assets and assumption of obligations (the “conveyance agreement”) with a company controlled by our prior officer and director, Wanjun Xie. As a result of the purchase agreement and conveyance agreement, we were no longer pursuing our former business plan. Under the direction of our newly appointed officers and directors, we are now an online retailer in the smoking accessories business. Upon the closing of transaction, Wanjun Xie and Liuyan resigned as an officer and director of Lemont and Sean Geng was appointed as President, Chief Executive Officer and Director and Darby Cox was appointed Chief Operating Offic and Director. Effective August 29, 2017, the Lemont's name and trading symbol was changed to Smoke Cartel, Inc. Thread Cartel LLC completed the acquisition of Lemont Inc. in a reverse merger transaction on August 29, 2017.