On January 30, 2018, CannaSys, Inc. (OTCPK:MJTK) closed the transaction. The company has received $55,555.55 in the transaction. The company raised net proceeds of $47,250 after deducting issuance expenses of $8,305.55. On May 10, 2018, the company announced that investor will not going to fund April 2018 tranche and the remaining eight monthly tranches.