COVER TECHNOLOGIES INC. announced that further to the company's news release on May 19, 2021, announcing that it had entered into a letter of intent to acquire from Nifty Technologies Inc. (“Nifty”), its Flurbo technology, the company has entered into an asset purchase agreement dated August 16, 2021. The company is also announced that Mr. Dorian Banks has been appointed Chief Executive Officer of company. Mr. Banks is a lifelong international entrepreneur with focuses on technology, blockchain and agri-tech. Notably, he has built companies from the ground up in wireless technologies, mobile phone gaming and APPs, large scale plantations, UAV technology, 3D printing and crypto-currency mining. He has served as a senior executive and/or board member of over a dozen publicly traded companies over the past two decades, arranging financings from some of the largest global banks. Concurrent with the appointment of Mr. Banks, the company announces that Mr. Louie has resigned as the company's Chief Executive Officer, effective immediately.