Attached files
file | filename |
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EX-99 - MEGOLA INC | v167472_ex99.htm |
EX-10.0 - MEGOLA INC | v167472_ex10-0.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
To
Section 18 or 15(d) of
the
Securities Exchange Act of 1934
Date of
Report (Date of earliest reported): November 23, 2009
(EXACT
NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Nevada
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000-49815
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88-0492605
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(State
or other jurisdiction
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(Commission
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(I.R.S.
employer
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||
of
incorporation)
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File
Number)
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identification
number)
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704 Mara
St., Suite 111, Point Edward, Ontario N7V 1X4
(Address
of principal executive offices) (Zip code)
(519)
336-0628
Registrant's
telephone number, including area code
On May 8, 2009 we entered into
an Agency
Agreement
with New Fire Solutions, LLC (NFS). The basic terms and conditions
proposed by MGOA into the agreement will include, but not be limited to, the
following:
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1.
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NFS
will become an Agent for the commercialization of the Hartindo Anti-Fire
product line on behalf of Megola. As Agent, NFS will be
provided with the authority and responsibility to coordinate all
supporting activities necessary to facilitate the sales and distribution
of the Hartindo product line in North America subject the rights and
provisions granted to the parties set out in Appendix
A.
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2.
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This
Agreement will remain in effect perpetually and shall be extended for all
Hartindo products (Appendix A(ii)) upon achieving the sales milestone for
AF21 and achieving 15% annual sales growth for 5 years
thereafter.
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3.
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NFS
will become an Agent for the commercialization of Hartindo anti-fire
products (Appendix A(ii)) on behalf of Megola and will manage the
commercialization process inclusive of representative management,
compensation, training, etc.
including:
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a.
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Develop
and provide marketing materials and strategies on an industry by industry
basis
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b.
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Provide
dedicated customer service
representatives
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c.
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Provide
engineering support for product development and
testing
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d.
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Utilize
a structured program management process from product inception through
production release
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The
Agreement contains other terms and conditions and has been filed as an exhibit
to this report. Please refer to the exhibit for additional
information.
Press
Release attached as Exhibit 99
ITEM
9.01 EXHIBITS
10.0
Agency Agreement with New Fire Solutions, LLC.
99 Press
Release
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the registrant
has duly caused this Report to be signed on its behalf by the undersigned
hereunto duly authorized.
Megola,
Inc.
(Registrant)
Dated:
November 23, 2009
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By: /s/ Joel Gardner
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Joel
Gardner, President
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