UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

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

 

Date of Report (Date of earliest reported): June 6, 2017

 

INVESTVIEW, INC.

(Exact name of registrant as specified in charter)

 

Nevada 000-27019 87-0369205
(State  or  Other  Jurisdiction of Incorporation or Organization) (Commission File Number) (IRS Employer Identification No.)

 

12 South 400 West

Salt Lake City, Utah 84101

(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s Telephone Number, including area code: 888-217-8720

 

 

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))

 

 

 

 

 

 

Item 1.01 Entry Into a Material Definitive Agreement
   
Item 3.02 Unregistered Sales of Equity Securities
   
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Officers

 

Change to the Board of Directors

 

On June 6, 2017, Annette Raynor, Chief Operating Officer, and Chad Miller were appointed as directors of Investview, Inc. (the “Company”). Ms. Raynor has served as the Company’s Chief Operating Officer since March 31, 2017. Since 2013, Ms. Raynor has served as the Chief Operating Officer of Wealth Generators, LLC, the Company’s wholly owned subsidiary. Ms. Raynor holds her Series 65 Registered Investment Advisor license and is a licensed realtor in the State of New Jersey. Mr. Miller co-founded Wealth Generators in 2013. Prior to 2013, Mr. Miller held his Series 63 – Uniform Securities License, Series 7 General Securities License and Series 24 General Securities Principal License and was employed by various brokerage firms from 1999 through 2010.

 

There is no understanding or arrangement between Ms. Raynor and Mr. Miller and any other person pursuant to which they were selected as directors of the Company.  Ms. Raynor and Mr. Miller do not have any family relationship with any director, executive officer or person nominated or chosen by us to become a director or an executive officer.  Except as set forth below, Ms. Raynor and Mr. Miller have not had any direct or indirect material interest in any transaction or proposed transaction, in which the Company was or is a proposed participant exceeding $120,000. On March 31, 2017, the Company entered into a Contribution Agreement with the members of Wealth Generators, LCC, a limited liability company (“Wealth Generators”), each of which are accredited investors (“Wealth Generators Members”) pursuant to which the Wealth Generators Members agreed to contribute 100% of the outstanding securities of Wealth Generators in exchange for an aggregate of 1,358,670,942 shares of our common stock of the Company (the “Wealth Generators Contribution”).  The closing of the  Wealth Generators Contribution occurred on March 31, 2017. Annette Raynor is an owner of Wealth Engineering LLC and Chad Miller is an owner of CR Capital Holdings LLC. Both Wealth Engineering LLC and CR Capital Holdings LLC were Wealth Generators Members and, as a result of the Wealth Generators Contribution now significant shareholders of the Company.

 

Conversion Agreements

 

On June 6, 2017, the Company entered into  Conversion Agreements with several accredited investors pursuant to which each of the parties agreed to convert all amounts of debt accrued and payable to such person by Wealth Generators into shares of Company common stock at $0.01 per share. The Conversion Agreements resulted in the conversion of an aggregate of $2,000,000 into 200,000,000 shares of Company common stock.

 

In addition, the Company entered an agreement with a licensor of various products for a term of 15 years pursuant to which the licensor agreed to waive its rights for future payments in exchange of 80,000,000 shares of common stock of the Company, which may be increased an additional 20,000,000 shares of common stock if the products provides a return in excess of 2% on invested capital for three consecutive months . The additional issuances shall not exceed 40,000,000 shares of common stock.

   

Financing

 

On April 26, 2017, the Company entered into and closed a Subscription Agreement with an accredited investor pursuant to which the investor invested $30,000 in consideration of 3,000,000 shares of common stock.

 

For each of the above issuance, CR Capital Holdings LLC (“CR Capital”), which is owned by Chad Miller and Ryan Smith, executive officers and directors of the Company, agreed to provide price protection. At the end of 18 months from the date of such agreement, if the average closing price of the Company’s common stock over the previous 20 trading days (the “Trading Price”) is below $0.02 per share, subject to any adjustments resulting from any recapitalization, reverse split, or similar actions, CR Capital will issue the investor additional shares of common stock until the cumulative value of the shares issued to the shareholder is equal to double the aggregate purchase price of the shares, up to a maximum of 100% of the shares of common stock purchased under this agreement.

 

 

 

  

Debt Assignment

 

On June 6, 2017, the Company and Alpha Pro Asset Management Group, LLC (“Alpha”) entered into an Assignment and Assumption Agreement (the “Assumption Agreement”) whereby debt payable by the Company in the amount of $482,588 was assigned to Alpha in consideration of 24,575,884 shares of common stock of the Company. Market Trend Strategies, LLC (“Market”) subsequently replaced Alpha as party to the Assumption Agreement. On June 6, 2017, Market and the Company entered into an Acquisition Agreement pursuant to which the Company sold certain non-essential assets pertaining to various education products to Market in consideration of Market assuming debt payable by the Company in the amount of $419,135.

 

The above offers and sales of the securities were made to accredited investors and the Company relied upon the exemptions contained in Section 4(2) of the Securities Act and/or Rule 506 of Regulation D promulgated there under with regards to the sales. No advertising or general solicitation was employed in offerings the securities. The offers and sales were made to accredited investors and transfer of the securities was restricted by the Company in accordance with the requirements of the Securities Act of 1933.

 

The foregoing is only a brief description of the material terms of the above corporate actions and agreements, and does not purport to be a complete description of the rights and obligations of the parties under those agreements, and such descriptions are qualified in their entirety by reference to the agreements which are filed as exhibits to this Current Report.

 

Item 9.01 Financial Statements and Exhibits
   
Exhibit No. Description of Exhibit
   
4.1 Form of Subscription Agreement dated April 26, 2017
   
10.1 Form of Conversion Agreement dated June 6, 2017
   
10.2 Agreement entered into with CTB Rise International Inc. dated June 7, 2017

 

 

 

 

SIGNATURES

 

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

 

  INVESTVIEW, INC.
     
  By: /s/ William Kosoff
  Name: William Kosoff
  Title: Acting Chief Financial Officer

 

Date: June 12, 2017

 

 

Exhibit 4.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 10.1

 

 

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OFFERED FOR SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES OR AN OPINION OF COUNSEL OR OTHER EVIDENCE ACCEPTABLE TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

 

CONVERSION AGREEMENT

 

THIS CONVERSION AGREEMENT (the "Agreement"), dated as of June 6, 2017 is made by and between Investview Inc., a Nevada corporation (the “Company”), and __________ (the “Investor”).

 

WHEREAS, on March 31, 2017, the members of Wealth Generators LLC, a Utah limited liability company (“Wealth”), contributed 100% of their membership interests to the Company in consideration of shares of common stock of the Company resulting in Wealth becoming a wholly owned subsidiary of the Company (the “Contribution”).

 

WHEREAS, prior to the Contribution, Investor loaned Wealth $_____ (the “Loan”).

 

WHEREAS, all prior agreements entered between Wealth and/or the Company and the Investor are null and void.

 

WHEREAS, the Company and Investor wish to convert the Loan into such number of shares of common stock of the Company equal to the Loan amount divided by the conversion price of $0.01 per share (the "Conversion Price") resulting in the issuance of ______ shares of common stock of the Company (the “Shares”) to Investor.

 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge the parties agree as follows:

 

1.        Conversion . It is agreed by the Company and Investor that the Loan shall convert into the Shares at the Conversion Price with no further action to be taken by the Investor or the Company effective as of the date set forth above.

 

2.        Prior Agreements . All prior agreements entered between Wealth and/or the Company and the Investor are null and void.

 

3. Certificate Delivery . Within ten (10) business days of the date first set forth above, the Company shall deliver a certificate representing the Shares to Investor.

 

4.        Further Assurances . The parties, by entering into this Agreement, agree to execute all agreements and other documents as reasonably requested by the other party.

 

5.        Representations and Warranties and Covenants of Investor . Investor represents, warrants and covenants to the Company as follows:

 

a. No Registration . Investor understands that the Shares have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Securities Act”) by reason of a specific exemption from the registration provisions of the Securities Act, the availability of which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of Investor’s representations as expressed herein or otherwise made pursuant hereto.

 

 

 

  

b. Investment Experience . Investor has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company and acknowledges that he can protect his own interests. Investor has such knowledge and experience in financial and business matters so that Investor is capable of evaluating the merits and risks of its investment in the Company.

 

d. Speculative Nature of Investment; SEC Reports; Dilution . Investor understands and acknowledges that the Company has a limited financial and operating history and that an investment in the Company is highly speculative and involves substantial risks. Investor can bear the economic risk of such investment and is able, without impairing such financial condition, to hold the Shares for an indefinite period of time and to suffer a complete loss of Investor’s investment. Investor understands that the Company will need issue additional shares of common stock in connection with conversion of existing debt, future financings and in connection with the retention or hiring of management and employees, which will dilute Investor.

 

e. Accredited Investor . Investor is an “accredited investor’ within the meaning of Regulation D, Rule 501(a), promulgated by the Securities and Exchange Commission under the Securities Act and shall submit to the Company such further assurances of such status as may be reasonably requested by the Company.

 

f. Rule 144 . Investor acknowledges that the Shares must be held indefinitely unless subsequently registered under the Securities Act or an exemption from such registration is available. The Investor is aware of the provisions of Rule 144 promulgated under the Securities Act which permit limited resale of shares subject to the satisfaction of certain conditions, including among other things, the existence of a public market for the shares, the availability of certain current public information about the Company and the resale occurring not less than six months after a party has purchased and paid for the security to be sold. The Investor acknowledges that, in the event all of the requirements of Rule 144 are not met, registration under the Securities Act or an exemption from registration will be required for any disposition of the Shares the Investor understands that, although Rule 144 is not exclusive, the Securities and Exchange Commission has expressed its opinion that persons proposing to sell restricted securities received in a private offering other than in a registered offering or pursuant to Rule 144 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales and that such persons and the brokers who participate in the transactions do so at their own risk. As the Company was a former shell, in the event the Company fails to file its required reports with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, then Rule 144 will not available until such reports have been filed.

 

g. Authorization .

 

i. Investor has all requisite power and authority to execute and deliver this Agreement, and to carry out and perform its obligations under the terms hereof. All action on the part of the Investor necessary for the authorization, execution, delivery and performance of this Agreement, and the performance of all of the Investor’s obligations herein, has been taken.

 

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ii. This Agreement, when executed and delivered by Investor, will constitute valid and legally binding obligations of Investor, enforceable in accordance with its terms except: (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally, and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies or by general principles of equity.

 

iii. No consent, approval, authorization, order, filing, registration or qualification of or with any court, governmental authority or third person is required to be obtained by Investor in connection with the execution and delivery of this Agreement by Investor or the performance of Investor’s obligations hereunder.

 

h. Brokers or Finders . Investor has not engaged any brokers, finders or agents, and the Company has not, and will not, incur, directly or indirectly, as a result of any action taken by Investor, any liability for brokerage or finders’ fees or agents’ commissions or any similar charges in connection with this Agreement and the transactions related hereto.

 

i. Tax Advisors . Investor has reviewed with its own tax advisors the U.S. federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement. With respect to such matters, Investor relies solely on such advisors and not on any statements or representations of the Company or any of its agents, written or oral. Investor understands that it (and not the Company) shall be responsible for its own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement.

 

j. Legends . Investor understands and agrees that the certificates evidencing the Shares shall bear a legend in substantially the form as follows (in addition to any legend required by any other applicable agreement or under applicable state securities laws):

 

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER SUCH ACT AND/OR APPLICABLE STATE SECURITIES LAWS, OR UNLESS THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL OR OTHER EVIDENCE, REASONABLY SATISFACTORY TO THE COMPANY AND ITS COUNSEL, THAT SUCH REGISTRATION IS NOT REQUIRED.”

 

6.        Miscellaneous .

 

a. Notice . Any notice required under this Agreement shall be deemed duly delivered (and shall be deemed to have been duly received if so given), if personally delivered, sent by a reputable courier service, or mailed by registered or certified mail, postage prepaid, return receipt requested, addressed to the parties at the addresses set forth above or to such other address as any party may have furnished to the other in writing in accordance with this Section.

 

b. Law and Jurisdiction . The laws of the State of Utah apply to this Agreement, without deference to the principles of conflicts of law. Both jurisdiction and venue for any litigation pursuant to this Agreement shall be proper in the courts of Utah.

 

c. Severability . If the law does not allow a provision of this Agreement to be enforced, such unenforceable provision shall be amended to become enforceable and reflect the intent of the parties, and the rest of the provisions of this Agreement shall remain in effect.

 

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d. Waiver. The failure of any party, in any instance, to insist upon strict enforcement of the provisions of this Agreement shall not be construed to be a waiver or relinquishment of enforcement in the future, and the terms of this Agreement shall continue to remain in full force and effect.

 

e. Assignability . This Agreement shall not be assignable by either party.

 

f. Amendment . This Agreement may only be amended or modified in a writing signed by both of the parties and referring to this Agreement.

 

g. Entire Agreement . This Agreement constitutes the entire agreement and final understanding of the parties with respect to the subject matter of this Agreement and supersedes and terminates all prior and/or contemporaneous understandings and/or discussions between the parties, whether written or verbal, express or implied, relating in any way to the subject matter of this Agreement.

 

IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed by their respective officers thereonto duly authorized as of the day and year first above written.

 

  INVESTVIEW INC.
   
  By:  
 

Name:

Title:

Ryan Smith
CEO

 

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Exhibit 10.2 

 

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OFFERED FOR SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES OR AN OPINION OF COUNSEL OR OTHER EVIDENCE ACCEPTABLE TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

 

AGREEMENT

 

THIS AGREEMENT (the "Agreement"), dated as of June 7, 2017 is made by and between Investview Inc., a Nevada corporation (the “Company”), and CTB Rise International Inc. (“CTB Rise”).

 

WHEREAS, on March 31, 2017, the members of Wealth Generators LLC, a Utah limited liability company (“Wealth”), contributed 100% of their membership interests to the Company in consideration of shares of common stock of the Company resulting in Wealth becoming a wholly owned subsidiary of the Company (the “Contribution”).

 

WHEREAS, prior to the Contribution, CTB Rise entered a Royalty Agreement with Wealth on January 6, 2017, which was amended on March 31, 2017 providing for certain royalty payments by Wealth to CTB Rise (the “Payments”) and a worldwide, non-exclusive license by CTB Rise to Wealth of Multiplier, Multiplier 2.0 or the liquidity algorithm (the “Algo”).

 

WHEREAS, the Company, Wealth and CTB Rise wish to terminate the Payments and the Company has agreed to issue CTB Rise 80,000,000 shares of common stock of the Company (the “Shares”) as consideration for termination such Payments and the continued worldwide, non-exclusive, royalty-free 15 year license of the Algo (the “License”).

 

WHEREAS, in consideration of the receipt of the Shares by CTB Rise, the License of the Algo to Wealth shall continue for a period of 15 years.

 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge the parties agree as follows:

 

1.        Issuance . It is agreed by the Company and CTB Rise that the Payments shall be terminated and the Company shall issue the Shares in consideration of CTB Rise terminating the Payments.

 

2.        Prior Agreements; Additional Shares .

 

a.       The Conversion Agreement entered between Wealth and CTB Rise dated March 31, 2017 is null and void.

 

b.       For a period of one (1) year following the date of this Agreement, in the event the Algo provides a return in excess of 2% on invested capital for three consecutive months, then the Company shall issue CTB Rise an additional 20,000,000 shares of common stock of the Company per occurrence, which such issuances shall not exceed 40,000,000 shares of common stock of the Company in total.

 

 

 

 

3. Grant of License .

 

a.       In consideration of the receipt of the Shares, CTB hereby grants Company the License to market and to sell the use of the Algo worldwide for use in any field and to grant any end users of the Company a license to use such Algo.

 

b.       Company hereby accepts the grant of the License.

 

3. Certificate Delivery . Within ten (10) business days of the date first set forth above, the Company shall deliver a certificate representing the Shares to CTB Rise.

 

4.        Further Assurances . The parties, by entering into this Agreement, agree to execute all agreements and other documents as reasonably requested by the other party.

 

5.        Representations and Warranties and Covenants of CTB Rise . CTB Rise represents, warrants and covenants to the Company as follows:

 

a. No Registration . CTB Rise understands that the Shares have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Securities Act”) by reason of a specific exemption from the registration provisions of the Securities Act, the availability of which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of CTB Rise’s representations as expressed herein or otherwise made pursuant hereto.

 

b. Investment Experience . CTB Rise has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company and acknowledges that he can protect his own interests. CTB Rise has such knowledge and experience in financial and business matters so that CTB Rise is capable of evaluating the merits and risks of its investment in the Company.

 

d. Speculative Nature of Investment; SEC Reports; Dilution . CTB Rise understands and acknowledges that the Company has a limited financial and operating history and that an investment in the Company is highly speculative and involves substantial risks. CTB Rise can bear the economic risk of such investment and is able, without impairing such financial condition, to hold the Shares for an indefinite period of time and to suffer a complete loss of CTB Rise’s investment. CTB Rise understands that the Company will need issue additional shares of common stock in connection with conversion of existing debt, future financings and in connection with the retention or hiring of management and employees, which will dilute CTB Rise.

 

e. Accredited Investor . CTB Rise is an “accredited investor’ within the meaning of Regulation D, Rule 501(a), promulgated by the Securities and Exchange Commission under the Securities Act and shall submit to the Company such further assurances of such status as may be reasonably requested by the Company.

 

f. Rule 144 . CTB Rise acknowledges that the Shares must be held indefinitely unless subsequently registered under the Securities Act or an exemption from such registration is available. CTB Rise is aware of the provisions of Rule 144 promulgated under the Securities Act which permit limited resale of shares subject to the satisfaction of certain conditions, including among other things, the existence of a public market for the shares, the availability of certain current public information about the Company and the resale occurring not less than six months after a party has purchased and paid for the security to be sold. CTB Rise acknowledges that, in the event all of the requirements of Rule 144 are not met, registration under the Securities Act or an exemption from registration will be required for any disposition of the Shares CTB Rise understands that, although Rule 144 is not exclusive, the Securities and Exchange Commission has expressed its opinion that persons proposing to sell restricted securities received in a private offering other than in a registered offering or pursuant to Rule 144 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales and that such persons and the brokers who participate in the transactions do so at their own risk. As the Company was a former shell, in the event the Company fails to file its required reports with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, then Rule 144 will not available until such reports have been filed.

 

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g. Authorization .

 

i. CTB Rise has all requisite power and authority to execute and deliver this Agreement, and to carry out and perform its obligations under the terms hereof. All action on the part of CTB Rise necessary for the authorization, execution, delivery and performance of this Agreement, and the performance of all of CTB Rise’s obligations herein, has been taken.

 

ii. This Agreement, when executed and delivered by CTB Rise, will constitute valid and legally binding obligations of CTB Rise, enforceable in accordance with its terms except: (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally, and (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies or by general principles of equity.

 

iii. No consent, approval, authorization, order, filing, registration or qualification of or with any court, governmental authority or third person is required to be obtained by CTB Rise in connection with the execution and delivery of this Agreement by CTB Rise or the performance of CTB Rise’s obligations hereunder.

 

h. Brokers or Finders . CTB Rise has not engaged any brokers, finders or agents, and the Company has not, and will not, incur, directly or indirectly, as a result of any action taken by CTB Rise, any liability for brokerage or finders’ fees or agents’ commissions or any similar charges in connection with this Agreement and the transactions related hereto.

 

i. Tax Advisors . CTB Rise has reviewed with its own tax advisors the U.S. federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement. With respect to such matters, CTB Rise relies solely on such advisors and not on any statements or representations of the Company or any of its agents, written or oral. CTB Rise understands that it (and not the Company) shall be responsible for its own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement.

 

j. Legends . CTB Rise understands and agrees that the certificates evidencing the Shares shall bear a legend in substantially the form as follows (in addition to any legend required by any other applicable agreement or under applicable state securities laws):

 

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER SUCH ACT AND/OR APPLICABLE STATE SECURITIES LAWS, OR UNLESS THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL OR OTHER EVIDENCE, REASONABLY SATISFACTORY TO THE COMPANY AND ITS COUNSEL, THAT SUCH REGISTRATION IS NOT REQUIRED.”

 

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6.        Miscellaneous .

 

a. Notice . Any notice required under this Agreement shall be deemed duly delivered (and shall be deemed to have been duly received if so given), if personally delivered, sent by a reputable courier service, or mailed by registered or certified mail, postage prepaid, return receipt requested, addressed to the parties at the addresses set forth above or to such other address as any party may have furnished to the other in writing in accordance with this Section.

 

b. Law and Jurisdiction . The laws of the State of Utah apply to this Agreement, without deference to the principles of conflicts of law. Both jurisdiction and venue for any litigation pursuant to this Agreement shall be proper in the courts of Utah.

 

c. Severability . If the law does not allow a provision of this Agreement to be enforced, such unenforceable provision shall be amended to become enforceable and reflect the intent of the parties, and the rest of the provisions of this Agreement shall remain in effect.

 

d. Waiver. The failure of any party, in any instance, to insist upon strict enforcement of the provisions of this Agreement shall not be construed to be a waiver or relinquishment of enforcement in the future, and the terms of this Agreement shall continue to remain in full force and effect.

 

e. Assignability . This Agreement shall not be assignable by either party.

 

f. Amendment . This Agreement may only be amended or modified in a writing signed by both of the parties and referring to this Agreement.

 

g. Entire Agreement . This Agreement constitutes the entire agreement and final understanding of the parties with respect to the subject matter of this Agreement and supersedes and terminates all prior and/or contemporaneous understandings and/or discussions between the parties, whether written or verbal, express or implied, relating in any way to the subject matter of this Agreement.

 

IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed by their respective officers thereonto duly authorized as of the day and year first above written.

 

  INVESTVIEW INC.
     
     
  By: /s/ Ryan Smith
  Name: Ryan Smith
  Title: CEO
     
  CTB Rise International Inc.
     
     
  By: /s/ Travis Bott
  Name: Travis Bott
  Title: Authorized Representative

 

 

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