BOB DELLER:
“We are pleased to enter into a merger agreement with CannaSys,” said Bob Deller, former CEO of Thermal Tennis. “This is a thrilling step forward and a unique opportunity for our company to be involved in the exciting growing cannabis industry.”
BRANDON JENNEWINE
“Our team is beyond excited in finding such a great partnership as we did with Thermal Tennis,” said Brandon Jennewine, CannaSys’s CEO. “Based on our team’s knowledge of the cannabis industry and the opportunities we see, we believe this to be a unique and exciting offering for our shareholders and for the industry in general. We look forward to working hard to bring a fresh and innovative set of products to the market.”
Effective as of the closing of the Merger, Brandon Jennewine joined Thermal Tennis incumbent director Robert Deller to form a two-person company board. Subject to compliance with the 10-day advance stockholder notice requirements of Rule 14f-1 under the Exchange Act, Robert Deller will resign as a director and officer of the Company, and Daniel J. Rogers will be appointed to fill the resulting vacancy. At the closing of the Merger transaction, Thermal Tennis appointed Mr. Jennewine as its CEO and president and Mr. Rogers as its CFO, Vice President, Secretary and Treasurer. In addition, Thermal Tennis agreed to change its name to CannaSys, Inc., subject to the filing and dissemination of an information statement meeting the requirements off the Exchange Act. Following the name change, the company will apply for a new CUSIP number and trading symbol.