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EX-10 - SOFTWARE LICENSE AGREEMENT - BLGI, INC.exhibit_10-3.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  December 4, 2017

 

BLACK CACTUS GLOBAL, INC.

(Exact name of registrant as specified in its charter)

 

Florida

 

333-188785

 

46-2500923

(State or other jurisdiction
of incorporation)

 

(Commission
File No.)

 

(IRS Employer
Identification No.)

 

8275 S. Eastern Avenue, Suite 200
Las Vegas, Nevada

 

89123

(Address of principal executive offices)

 

(Zip Code)

 

(702) 724-2643

Registrant’s telephone number, including area code

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

[  ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

[  ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

[  ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

[  ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  [X]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  [  ]

 



Item 1.01. Entry into a Material Definitive Agreement.


On December 4, 2017, Black Cactus Global, Inc. formerly known as Envoy Group Corp. (the “Company”) entered into a software sub-license agreement (the “Agreement”) with Milestone Group PLC (“Milestone”), an unrelated third party.


Under the terms of the Agreement, the Company granted Milestone a sublicense to certain proprietary software owned by Black Cactus Holdings Pty Ltd (“Black Cactus Australia”). Black Cactus Australia has granted an exclusive license to this proprietary software to the Company. As consideration for the sublicense, Milestone will issue 29.5% of its issued capital to the Company and pay the Company a royalty fee of ten percent (10%) of the first 500,000 British Pounds in gross revenues received from the sublicense and thereafter, five percent (5%) of gross revenues generated by the sublicense.


The foregoing descriptions of the terms of the Agreement does not purport to be complete and is qualified in its entirety by the complete text of the document attached as 10.3 to this Current Report on Form 8-K.


Item 9.01 Financial Statements and Exhibits.


(d) Exhibits


Exhibit
Number

 

Exhibit Description

 

 

 

10.3

 

Software License Agreement

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

BLACK CACTUS GLOBAL, INC.

 

 

Date: December 13, 2017

By:

/s/ Harpreet Sangha

 

Name:

Harpreet Sangha

 

Title:

Chairman of the Board

 

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