Teascom UK Limited entered into an agreement to acquire Indie Growers Association Inc. (OTCPK:UPOT) in a reverse merger transaction on January 25, 2016. Indie Growers Association will issue 50 million shares post-consolidation for 100% stake in Teascom UK. Indie Growers will effectuate a 1-for-100 stock consolidation and change the name of the company. Also, Indie Growers will appoint two new members from Teascom to the Board of Directors. Ricardo Esparza resigned from his position as Chief Operations Officer of Indie Growers on February 5, 2016. FINRA approved the reverse stock split and name change on March 31, 2016. On April 4, 2016, the Board of Directors of Indie Growers Association approved the reverse stock split and name change.

Teascom UK Limited cancelled the acquisition of Indie Growers Association Inc. (OTCPK:UPOT) in a reverse merger transaction on April 13, 2016. The transaction was terminated with mutual consent, because of uncertainty surrounding the lawsuit.