CANNAINVESTOR Magazine U.S. Privately Held June 2019 | Page 56

Larry Fenner: Right now, we have trademarked our logo and brand. We are also in Patent Pending status for this magnetic compression technology.

Q&A 4

CIM: Does Magna Flux have intellectual property, proprietary technology, trademarks, or patents?

Larry Fenner: Yes, we are always in the development stage. To be more specific we are applying this technology to Mod tanks for a reusable application and vapor Pods that are disposable. We truly believe that this technology can make the industry standard vaping experience relevant and beneficial for both consumer and industry in general and will continue to develop improved technology.

Q&A 5

CIM: Is Magna Flux still in the development phase?

Larry Fenner: Yes, we currently have developed the 5/10 thread electromagnetic compression disposable cartridge. Version 2 is on its way; this is a Pod style vape cartridge with a custom battery. We are working Kanger Technologies and plan to have a reusable electromagnetic mod tank in the near future.

Q&A 6

CIM: Can you develop a company out of one product? Do you have other products in the pipeline?

Larry Fenner: It is one of the fastest growing markets. There are many reasons why people are leaning towards vaping. It is cleaner and for tobacco users; resources state it is cleaner than smoking nicotine. We are excited to see this industry really explode in the CBD, THC and tobacco markets. To simplify what I am saying is our application applies to all three of these markets.

Q&A7

CIM: What does the domestic and international market look like for vape cartridges?

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