Megola Signs Exclusive Global Supply and Distribution Agreement with Leader in Mobile Device Protection Coatings

Global Distribution Deal: Revenues of $10 million for Revolutionary Mobile Phone Protection Technology

Megola, Inc. (OTCMKTS:MGON)

This is a big milestone for the company as it’s the first major distribution deal for our technology licensed from MedeSol Global”
— CEO, Robert Gardiner

BONITA SPRINGS, FL, UNITED STATES, March 21, 2023/ — (OTC-PINK MGON) Megola, Inc. (“MGON”, “Company”) a Consortium Group of Health Technologies and Eco-Friendly Product Lines entered into an Exclusive Global Supply Agreement with an industry leader in Liquid Glass Screen Protection for mobile devices. These wipe-on products provide scratch, shatter, and impact resistance to all types of handheld device screens.

“This is a big milestone for the company as it’s the first major distribution deal for our technology licensed from MedeSol Global,” said CEO Robert Gardiner. “It will make an immediate financial impact with orders expected next quarter at which time we plan to announce the name of our partner. They have asked us to keep their name confidential until after the launch.”

Key terms:
• Global Exclusivity for Mobile and Handheld Device Protection Products.
• Over $10,000,000 USD minimum purchase commitment over 5 years with specific annual quotas.
• 5-Year Term with automatic 5-year renewals at the same or greater minimum volume commitment.
• Initial products are two formulations of the MedeSol/SiO2 Phone Protect, with additional applications and markets already in discussion between the parties.

About the Durable Protective Liquid Glass Coatings:

Proprietary, safe, extremely cost-effective, ultra-thin glass coatings that can be used to protect almost any surface, hard or soft, anchor the Megola LG (liquid glass) business in place as the premier protective coating provider in the world.


Stock information here:

John MacLeod
Megola Inc


Forward-Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding MGON’s plans, objectives, future opportunities for MGON’s services, future financial performance and operating results and any other statements regarding MGON’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond MGON’s control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business, with key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents. Any forward-looking statement is made only as of the date of which such statement is made. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.