MHHC! News is out! Share back is now detailed out!
Post# of 106563
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Posted On: 07/16/2018 1:00:05 PM
MHHC! News is out! Share back is now detailed out!
OTC Disclosure & News Service
McCUSKER HOLDINGS CORP: MHHC ANNOUNCES A NEW SALES ALLIANCE COUPLED WITH A LONG-TERM STOCK BUY-BACK PLANPress Release | 07/16/2018
For Immediate Release July 16, 2018 - (Seattle, Washington) McCusker Holdings Corp (OTC: MHHC), a leading provider of help desk, warranty services and complementary technology, today announced a Memorandum of Understanding (MOU) has been signed between MHHC and the Southern California Rep Firm, Saddleback Mountain Ventures LLC.
MHHCs CEO Frank Hawley says SMVs executives and sales teams have decades of experience and deep roots into the commercial and consumer contract manufacturing space. SMV has been successfully representing contract engineering firms like Cypher Scientific, whose CEO recently joined our board, as well as creating and managing strategic alliances that offer emerging companies a complete array of services from concept through design and delivery of a broad array of products, particularly leveraging the services of contract manufactures worldwide.
Danforth Lincoln, SMV partner and General Council adds: SMV has been able to successfully assist its clients in navigating the complexities of manufacturing, from concept to delivery, but we had not yet included a post-delivery warranty solutions package to complete our end-to-end value stream. Many companies that we work with do not have these resources in house, and our alliance with MHHC will enable us to expand our array of available services while acting as the primary sales team for new MHHC engagements. Its a potential big win for both companies
The final contract that is summarized in the MOU creates an immediate cash infusion for MHHC while granting SMV as much as 1.5 billion total shares of MHHC stock, plus board representation that is all directly tied to performance milestones targeted to raise MHHCs top line by a minimum of $10 million annually. Hawley added that This agreement to have Saddleback Mountain Ventures become the outside sales partner for MHHC opens up huge new markets for us and immediately deploys a competent and connected sales force at no risk to MHHC. We plan to protect our investors from dilution and increase share value by buying back up to 2 billion shares of MHHC stock funded almost entirely from profits generated through this agreement. This is another critical piece of our broader strategy to eliminate the shackles of the past by bringing in the right talent and creating the right infrastructure that will in turn drive business and profits upward beyond all historical activity.
Please submit any Investor Relations questions or comments to investors@mccuskerco.com. For more information about McCusker Holdings Corp, please check out the website at www.mccuskerco.com.
Certain statements contained in this email, including statements regarding administrative steps, events, and financial trends that may affect McCusker Holdings Corp's future operating results, financial position, stock price and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements using words like "strategy," "expects," "plans," "believes," "will," "would", "looks", "estimates," "intends," "feels," "projects," "goals," "targets," "hopes," "seeks", and other words of similar meaning. Pro forma projections of an individual or generic investor's investment.
MEMORANDUM OF UNDERSTANDING
This Memorandum of Understanding is entered into on the date indicated below by and between
Saddleback Mountain Ventures, LLC, a Nevada limited liability company with a principal place of business at 30211 Avenida de las Banderas, Rancho Santa Margarita, CA 92688 (“SMV”) and McCusker Holdings Corp. (“MHHC”) a Nevada
corporation with a primary place of business 400 Union Avenue SE,
Suite 200 Olympia Washington 98501 (Individually “Party” or collectively “Parties”).
In anticipation of a strategic alliance, the Parties agree as follows:
1.
On or before August 15, 2018 SMV shall deliver to MHHC the sum of $200
,000.00 and shall be granted 600,000,000 shares of MHHC restricted common stock.
2.Upon the generation of an aggregate of $5,000,000.00 in top line revenue by or through SMV and/or RHL, LLC (“RHL” which is not a Party hereto) to MHHC
within three years from the date of execution of a formal agreement, MHHC shall grant to SMV an additional 500,000,000 shares of restricted common stock of MHHC (1,100,000,000 total).
3.Upon the generation of an aggregate of $10,000,000.00 in top line revenue by or through SMV and/or RHL to MHHC within five years from the date of execution of a formal agreement, MHHC shall grant to SMV an additional 400,000,000 shares of MHHC (1,500,000,000 total, the “Full Grant”).
4.Upon grant of initial 600,000,000 shares, SMV shall have the right to designate one seat on the board of directors of MHHC. Upon achievement of the Full Grant SMV shall have the right to designate a second seat on the board of directors of MHHC. Nothing contained herein shall limit MHHC from adding a 5th
seat to its board of directors at its option.
5.This agreement shall be governed by and under the laws of the State of Washington and venue for any dispute between the Parties shall be proper within the State of Washington.
6.Notwithstanding the foregoing, this Memorandum of Understanding is intended to memorialize and outline the Parties’ agreement to negotiate in good faith and consummate a formal binding agreement prior to the payment of any monies by SMV or the issuance of any stock by MHHC.
Should SMV be unable to deliver payment as outlined in Paragraph 1, above, neither Party shall have any further obligation to the other.DATED this __26th
____ Day of June 2018
McCUSKER HOLDINGS CORP.
SADDLEBACK MOUNTAIN VENTURES, LLC
______S/
_Frank Hawley
_________
______S/
___
Danfo
rth Lincoln
_____________________
By its President and CEO
Frank Hawley
By its VP and General Counsel Danforth Lincoln
OTC Disclosure & News Service
McCUSKER HOLDINGS CORP: MHHC ANNOUNCES A NEW SALES ALLIANCE COUPLED WITH A LONG-TERM STOCK BUY-BACK PLANPress Release | 07/16/2018
For Immediate Release July 16, 2018 - (Seattle, Washington) McCusker Holdings Corp (OTC: MHHC), a leading provider of help desk, warranty services and complementary technology, today announced a Memorandum of Understanding (MOU) has been signed between MHHC and the Southern California Rep Firm, Saddleback Mountain Ventures LLC.
MHHCs CEO Frank Hawley says SMVs executives and sales teams have decades of experience and deep roots into the commercial and consumer contract manufacturing space. SMV has been successfully representing contract engineering firms like Cypher Scientific, whose CEO recently joined our board, as well as creating and managing strategic alliances that offer emerging companies a complete array of services from concept through design and delivery of a broad array of products, particularly leveraging the services of contract manufactures worldwide.
Danforth Lincoln, SMV partner and General Council adds: SMV has been able to successfully assist its clients in navigating the complexities of manufacturing, from concept to delivery, but we had not yet included a post-delivery warranty solutions package to complete our end-to-end value stream. Many companies that we work with do not have these resources in house, and our alliance with MHHC will enable us to expand our array of available services while acting as the primary sales team for new MHHC engagements. Its a potential big win for both companies
The final contract that is summarized in the MOU creates an immediate cash infusion for MHHC while granting SMV as much as 1.5 billion total shares of MHHC stock, plus board representation that is all directly tied to performance milestones targeted to raise MHHCs top line by a minimum of $10 million annually. Hawley added that This agreement to have Saddleback Mountain Ventures become the outside sales partner for MHHC opens up huge new markets for us and immediately deploys a competent and connected sales force at no risk to MHHC. We plan to protect our investors from dilution and increase share value by buying back up to 2 billion shares of MHHC stock funded almost entirely from profits generated through this agreement. This is another critical piece of our broader strategy to eliminate the shackles of the past by bringing in the right talent and creating the right infrastructure that will in turn drive business and profits upward beyond all historical activity.
Please submit any Investor Relations questions or comments to investors@mccuskerco.com. For more information about McCusker Holdings Corp, please check out the website at www.mccuskerco.com.
Certain statements contained in this email, including statements regarding administrative steps, events, and financial trends that may affect McCusker Holdings Corp's future operating results, financial position, stock price and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements using words like "strategy," "expects," "plans," "believes," "will," "would", "looks", "estimates," "intends," "feels," "projects," "goals," "targets," "hopes," "seeks", and other words of similar meaning. Pro forma projections of an individual or generic investor's investment.
MEMORANDUM OF UNDERSTANDING
This Memorandum of Understanding is entered into on the date indicated below by and between
Saddleback Mountain Ventures, LLC, a Nevada limited liability company with a principal place of business at 30211 Avenida de las Banderas, Rancho Santa Margarita, CA 92688 (“SMV”) and McCusker Holdings Corp. (“MHHC”) a Nevada
corporation with a primary place of business 400 Union Avenue SE,
Suite 200 Olympia Washington 98501 (Individually “Party” or collectively “Parties”).
In anticipation of a strategic alliance, the Parties agree as follows:
1.
On or before August 15, 2018 SMV shall deliver to MHHC the sum of $200
,000.00 and shall be granted 600,000,000 shares of MHHC restricted common stock.
2.Upon the generation of an aggregate of $5,000,000.00 in top line revenue by or through SMV and/or RHL, LLC (“RHL” which is not a Party hereto) to MHHC
within three years from the date of execution of a formal agreement, MHHC shall grant to SMV an additional 500,000,000 shares of restricted common stock of MHHC (1,100,000,000 total).
3.Upon the generation of an aggregate of $10,000,000.00 in top line revenue by or through SMV and/or RHL to MHHC within five years from the date of execution of a formal agreement, MHHC shall grant to SMV an additional 400,000,000 shares of MHHC (1,500,000,000 total, the “Full Grant”).
4.Upon grant of initial 600,000,000 shares, SMV shall have the right to designate one seat on the board of directors of MHHC. Upon achievement of the Full Grant SMV shall have the right to designate a second seat on the board of directors of MHHC. Nothing contained herein shall limit MHHC from adding a 5th
seat to its board of directors at its option.
5.This agreement shall be governed by and under the laws of the State of Washington and venue for any dispute between the Parties shall be proper within the State of Washington.
6.Notwithstanding the foregoing, this Memorandum of Understanding is intended to memorialize and outline the Parties’ agreement to negotiate in good faith and consummate a formal binding agreement prior to the payment of any monies by SMV or the issuance of any stock by MHHC.
Should SMV be unable to deliver payment as outlined in Paragraph 1, above, neither Party shall have any further obligation to the other.DATED this __26th
____ Day of June 2018
McCUSKER HOLDINGS CORP.
SADDLEBACK MOUNTAIN VENTURES, LLC
______S/
_Frank Hawley
_________
______S/
___
Danfo
rth Lincoln
_____________________
By its President and CEO
Frank Hawley
By its VP and General Counsel Danforth Lincoln
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