Simlatus: Simlatus Corporation (OTCMKTS:SIML) Files An 8-K Other Events

On March 5, 2020, Simlatus Corporation (“Simlatus”) entered into an Assignment Agreement (the “Agreement”) with Power Up Lending Group LTD (“Power Up”) and Redstart Holdings Corp. (the “Assignee”). to the Agreement, on March 5, 2020, Power Up sold, transferred and assigned to the Assignee, for a purchase price of $150,000 the following two Convertible Promissory Notes (the “Convertible Notes”) originally issued by Simlatus to Power Up: (i) Convertible Promissory Note dated May 13, 2019 in the principal amount of $103,000, and (ii) Convertible Promissory Note dated June 20, 2019 in the principal amount of $53,000.