Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K CURRENT REPORT - CGS INTERNATIONAL, INC. | f8k082418_8k.htm |
TACTICAL SERVICES, INC.
August 24, 2018
Thomas Li
Nathan Xian
Francisco Ariel Acosta
Unit 1104, 11/F, Crawford House
70 Queen’s Road Central
Central, Hong Kong
Re:Termination of Asset Purchase Agreement dated October 23, 2017
To Whom It May Concern:
Please be advised that, effective immediately, that certain Asset Purchase Agreement (the “Agreement”) dated October 23, 2017, by and among Tactical Services, Inc. (f.k.a. Lineup Advertisement Inc.), a Nevada corporation (the “Company”), Thomas Li (“Li”) and Nathan Xian (“Xian”) is hereby terminated.
Pursuant to Section 6(a)(vi) of the Agreement, Li and Xian “shall have performed all necessary actions to transfer legal title of the Acquired Assets to the name of [the Company].” Messrs. Li and Xian failed altogether to transfer title to the Acquired Assets to the Company.
As such, the signatories to the Agreement hereby agree to amicably and voluntarily terminate the Agreement, as if it had never been executed since the obligations of the parties pursuant to the Agreement were never satisfied.
In addition, as a direct result of the failure to transfer said Acquired Assets to the Company, the Company never delivered the 60,000,000 restricted shares of its common stock due and owing to Messrs. Li and Xian, thereby further facilitating the termination of the Agreement as set forth herein.
Further, such termination is effective immediately and the Agreement shall be void and have no effect, without any liability or obligation on the part of the Company or any of the signatories thereto.
Please be guided accordingly.
Sincerely,
/s/ Francisco Ariel Acosta
Francisco Ariel Acosta
Chief Executive Officer
AGREED & ACCEPTED:
/s/ Nathan Xian
NATHAN XIAN
/s/ Thoams Li
THOMAS LI