$MGON NOTICE OF MATERIAL EVENT MEGOLA, INC. FL
Post# of 37057
MEGOLA, INC.
FLORIDA: March 28, 2022: Megola Inc. (OTC-PINK MGON) Megola, Inc. (“MGON”, “Company”) is a Consortium Group of Health Technologies and Eco-Friendly Product Lines entered into Letter of Intent regarding potential Purchase, License of Intellectual Property, Product Lines, Manufacturing and Other Specified Assets of GS CAPITAL BLENDS LLC.
Key items:
1. The Purchaser will use diligent commercially reasonable efforts to complete its due diligence efforts within thirty (30) days following the execution in full of this Letter of Intent (the “Diligence Period”).
2) List of GS CAPITAL BLENDS LLC. Product Lines
Eco Hand Purifier (non-alcohol, non-benzalkonium, non-triclosan) (patent pending),
Eco Surface Spray, Eco Surface/Air Spray (patent pending)
Organic Bedbug/Dustmite Eco Kill (patent pending),
Lithium Battery Fire-Gel (patent pending),
Fire Deterrent Products- DF21 (variations), DF31(variations), DF11e Extinguisher Additive
Cassava Powder Fire Extinguishant (patent pending)
Fire Blanket/Smoke Hood Survival Bag
Fire Extinguishant Super Absorbent Pellets (patent pending)
ClearShield Wood Treatment (fire, mold, mildew, water repellant) (patent pending)