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activity, administer, administered, administrative, agent, alternative, amounted, annum, anticipate, approach, arising, athletic, attract, audit, behalf, beneficial, binomial, calculate, capitalization, caption, close, combination, committee, compared, confirmed, consent, created, decrease, decreased, deemed, depreciated, detachable, developmental, discount, dividend, dollar, Double, duly, Eagle, effected, eligible, endorse, entitled, exchanged, expiration, expire, Ezra, face, feature, fee, FINRA, foregoing, free, full, general, Green, herewith, higher, impaired, inception, increased, interactive, inventory, issuable, July, key, kind, lattice, lien, March, maximum, met, monthly, motivate, nonqualified, obtain, obtaining, ongoing, operating, perform, planned, pledge, previously, primarily, produce, professional, profit, promote, proportionately, provision, publicly, purpose, quarterly, ratified, receive, reduction, registered, registrant, registration, Regulation, regulatory, relate, repaid, reserved, resulting, retain, revalued, reverse, reward, Rule, Secretary, secured, senior, simultaneously, sixty, split, State, stockholder, strike, subsequently, substantially, surrendered, terminated, termination, thereunder, thereunto, Undeclared, underlying, undersigned, utilizing, volume, voting
Financial report summary
?Management Discussion
- ITEM 2. MANAGEMENTS’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- Fuse Science, Inc. (“Fuse”, “our”, “us”, “we” or the “Company”) was incorporated in Nevada on September 21, 1988. Prior to 2002, the Company’s activities included developing and marketing data communications and networking infrastructure solutions for business, government and education. From 2007 to 2009, the Company was a “business development company” under the Investment Company Act of 1940. From April 2011 through October 1, 2014, the Company’s business involved developing and marketing nutraceutical products.
- On October 1, 2014, Fuse entered into an Agreement and Plan of Reorganization (the “Merger Agreement”) with Spiral, a Nevada corporation, and Spiral Acquisition Sub, Inc., a newly formed, wholly-owned Nevada subsidiary (“Acquisition Sub”). Upon closing of the transactions contemplated under the Merger Agreement (the “Merger”) which occurred concurrently with entering into the Merger Agreement, Acquisition Sub merged with and into Spiral, and Spiral, as the surviving entity, became a 51% majority-owned subsidiary of Fuse.