Item 1.01 Entry into a Material Definitive Agreement.
On January 16, 2020, WOD Retail Solutions, Inc. entered into an asset purchase
agreement with WOD Market LLC to purchase up to $500,000 of retail kiosks in
furtherance of their existing business plans. The initial purchase of three
kiosks valued at $54,000 has been completed. The placement of these units will
be conclude during the first quarter of 2020.
The agreement also stipulates that WOD Retail Solutions, Inc. will purchase all
retail consumer goods to be sold in the purchased kiosks exclusively from WOD
Markets, Inc. at wholesale cost plus eight percent for two years from January
17, 2020.
Item 9.01 Financials Statements and Exhibits.
Those exhibits marked with an asterisk (*) refer to exhibits filed herewith.
Exhibit
Number Description
10.1* Asset Purchase Agreement
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