8-K: AMJ Global Technology Enters Revenue Sharing Agreement with Dark Bull Capital

AMJ Global Technology will receive 5% of net revenue from Dark Bull Capital's contracts related to Medicare and insurance sales in exchange for 133,334 shares of common stock.

Summary

• AMJ Global Technology has entered into a revenue sharing agreement with Dark Bull Capital.
• Under the agreement, AMJ Global Technology will receive 5% of net revenue from Dark Bull's contracts with ESS related to Medicare enrollees and with The Agency of North Georgia related to Medicare, life, and annuity insurance sales.
• In exchange, AMJ Global Technology will issue 133,334 shares of its common stock to Dark Bull Capital.
• The revenue share for ESS Medicare enrollees is $0.35 per month per enrollment.
• The revenue share for The Agency of North Georgia varies, with approximately $100 per annum for Medicare policies, $500 average for life insurance, and $3,000 for annuities.
• AMJ Global Technology will receive revenue share payments within 30 days after the end of each calendar month.
• The revenue sharing agreement replaces a previous purchase agreement from July 8, 2024.

Sentiment

Score: 7

Explanation: The agreement is a positive development for AMJ Global Technology, providing a new revenue stream, but the dilution of shares and dependence on Dark Bull's performance temper the overall sentiment.

Positives

• AMJ Global Technology gains a new revenue stream through the revenue sharing agreement.
• The agreement provides access to revenue from a large base of potential customers through ESS and The Agency of North Georgia.
• The revenue share is ongoing as long as Dark Bull continues to receive revenue from enrollees.
• AMJ Global Technology has the option to purchase up to 5% of the common stock of Dark Bull Capital, Inc.

Negatives

• AMJ Global Technology is issuing 133,334 shares of its common stock, which could dilute existing shareholders.
• The revenue share is dependent on the performance of Dark Bull's contracts.

Risks

• The success of the revenue sharing agreement depends on Dark Bull's ability to generate revenue from its contracts.
• The value of the 133,334 shares issued to Dark Bull could fluctuate.
• There is a risk that the revenue share may not meet expectations.

Future Outlook

The agreement is expected to provide a new revenue stream for AMJ Global Technology, with payments starting within 30 days after the end of each calendar month.

Management Comments

• The execution of this Agreement has been Accepted by Purchaser (AMJ GLOBAL TECHNOLOGY a Nevada Corporation) and Target (Dark Bull Capital, Inc.).

Industry Context

This agreement reflects a trend of companies seeking revenue diversification through strategic partnerships and revenue sharing models in the healthcare and insurance sectors.

Comparison to Industry Standards

• Revenue sharing agreements are common in the insurance and healthcare industries, particularly for companies seeking to expand their reach without significant upfront investment.
• The specific revenue share percentages and structures vary widely based on the nature of the contracts and the parties involved.
• Comparable companies in the insurance brokerage and healthcare services sectors often engage in similar arrangements to leverage existing networks and customer bases.
• The agreement with Dark Bull Capital is similar to other agreements where a company provides access to a customer base in exchange for a share of the revenue generated.

Stakeholder Impact

• Shareholders may experience dilution due to the issuance of new shares.
• The agreement could lead to increased revenue for AMJ Global Technology, potentially benefiting shareholders.
• The agreement could impact the financial performance of Dark Bull Capital.

Next Steps

• AMJ Global Technology will issue 133,334 shares of common stock to Dark Bull Capital.
• AMJ Global Technology will begin receiving revenue share payments within 30 days after the end of each calendar month.
• AMJ Global Technology will make best efforts to file a registration statement with the United States Securities and Exchange Commission registering the maximum number of such shares as permitted by law.

Key Dates

Keywords

revenue sharing, Medicare, insurance, common stock, Dark Bull Capital, AMJ Global Technology, ESS, The Agency of North Georgia, annuities, life insurance