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Cosmos Holdings enters into a Memorandum of Understanding to acquire Decahedron LTD

On October 18, 2016, Cosmos Holdings Inc., a Nevada corporation entered into a Memorandum of Understanding with Decahedron LTD and Decahedron’s sole shareholder Nikolaos Lazarou. The Decahedron MOU provides that the Cosmos Holdings intends to acquire all of the issued and outstanding shares of Decahedron from Nikolaos Lazarou. In exchange for the shares of Decahedron, the Company will issue to Nikolaos Lazarou 1,700,000 shares of the Cosmos Holding’s common stock. Following the closing of the transaction, Nikolaos Lazarou shall also be retained as a Director and COO of Decahedron with a salary of 10,000 GBP per month (approximately US $12,270.00).

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11640702

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