NOTE 7 - SUBSEQUENT EVENTS | On September 5, My Cloudz, Inc., a Nevada corporation (the Company), announced it had entered into a non-binding letter of intent, dated August 17 th Gridiron BioNutrients is a business committed to health solutions through the advancement of cannabidiol CBD science. The Companys flagship product is Gridiron MVP Water; Gridiron is also currently in development of additional CBD products for the health and wellness industry that will be released over the next twelve months. The Gridiron MVP water is infused with the highest quality organic CBD that has soil based probiotics, fulvic and humic minerals, 77+ additional trace minerals, electrolytes, with a pH of 10. The beverage has no THC, no sugar - no artificial flavors - no artificial colors. The Letter of Intent provides that until November 30 th th th On October 9, 2017, My Cloudz, Inc., a Nevada corporation (the Company), entered into a Share Exchange Agreement (the Share Exchange Agreement), by and among the Company, GridIron BioNutrients, Inc., a Nevada corporation (GridIron BioNutrients), and the holders of common stock of GridIron BioNutrients, which consisted of 3 stockholders. Under the terms and conditions of the Share Exchange Agreement, the Company offered, sold and issued 70,000,000 shares of common stock of the Company in consideration for all the issued and outstanding shares in GridIron BioNutrients. The effect of the issuance is that former GridIron BioNutrients shareholders now hold approximately 57.0% of the issued and outstanding shares of common stock of the Company, and GridIron BioNutrients is now a wholly-owned subsidiary of the Company. Darren Long, the founder of GridIron BioNutrients, and the Companys new Chief Executive Officer, Chairman of the board of directors, and Secretary, is the holder of 35,000,000 shares of common stock of the Company. Timothy Orr, the Companys new President and a director of the Company, is the holder of 17,500,000 shares of common stock of the Company. Brian Martinho, the Companys new Treasurer and a director, is the holder of 17,500,000 shares of common stock of the Company. The Companys new officers and sole director, therefore, control an aggregate of 70,000,000, or 57.0%, of the outstanding common stock of the Company, on a fully diluted basis. GridIron BioNutrients was incorporated on July 20, 2017, in Nevada. The business of GridIron BioNutrients is now our principal business. GridIron BioNutrients is organized for various investments under the GridIron BioNutrients brand as well as to conduct any other related business and activities. GridIron BioNutrients is the owner and has right to intellectual property, including trademark, trade dress, images, likenesses and other associated intellectual property, such as the name Sony Hill related to Timothy Orr. |