UNITED STATES
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FORM
CURRENT REPORT
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ELECTRONIC SERVITOR PUBLICATION NETWORK INC.
Form 8-K
Current Report
Item 8.01. Other Events.
On October 24, 2023, the Board of Directors (the “Board”) of Electronic Servitor Publication Network Inc. (the “Company”) authorized and approved the Company to enter into the following transactions, upon approval of the Company’s stockholders, on such terms as the officers of the Company may determine:
1) | An Agreement and Plan of Merger (the “Merger Agreement”) with Pointward Inc., a corporation organized under the laws of Delaware (“Pointward”); and | |
2) | An Asset Purchase Agreement (the “Asset Purchase Agreement”) with Phitech Management, LLC, a limited liability company organized under the laws of Minnesota (“Phitech”). |
Peter Hager, our Chief Executive Officer, controls both Pointward and Phitech. The Company hired Mr. Hager with the intent of acquiring certain proprietary technology held by Pointward and Phitech. The Company will acquire such proprietary technology pursuant to the terms of the Merger Agreement and Asset Purchase Agreement.
Pointward owns intellectual property proprietary to enhance digital user engagement and experience management. Phitech owns proprietary technology including the Digital Engagement Engine and other programs and processes that automate and provide dynamic digital engagement and activation experiences. Phitech utilizes its microservices architecture and workflow sequencing, to enhance content publication, content distribution, and user interaction management.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ELECTRONIC SERVITOR PUBLICATION NETWORK INC.
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Date: October 25, 2023 | By: | /s/ Thomas Spruce |
Thomas Spruce | ||
Chief Operations Officer |
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