Megola : FINRA declines Name & Symbol change application

MEGOLA, INC.

8891 Brighton Lane Ste 108, Bonita Springs, FL 34135 Company Telephone: (888) 587-1698

Company Website: www.megolacorp.com

Company email: megola2020@gmail.com

FLORIDA: August 22, 2022: Megola Inc. (OTC-PINK MGON) Megola, Inc. ("MGON", "Company") is a Consortium Group of Health Technologies and Eco-FriendlyProduct Lines. Megola through product and technology acquisitions has grown to have its own E-commerceBranding Division, Service Department, Licensing Division, Franchise Division all maintaining Megola's diverse manufactured product portfolios which allows the company to integrate into several vertical sales markets worldwide.

Megola Inc it is!

Finra has declined to approve application for name and symbol change

BONITA SPRINGS, FL, UNITED STATES, August 22, 2022 /EINPresswire.com/ - (OTC-PINK MGON)Megola, Inc.("MGON", "Company"), a Consortium Group of Health Technologies and Eco-Friendly Product Lines has received notification on August 15, 2022 that Finra Market Operations will not process our corporate action for a proposed name and symbol change in reliance on FINRA Rule 6490(d).

We tried! The Company (past management) failed to file certain financial reports with the Securities and Exchange Commission including one Form 10-K and 3 Form 10-Q's during fiscal 2011 and 2012 prior to voluntarily terminating our public reporting requirements on Form 15. The Company (new management) has been unable to prepare these delinquent reports due to an inability to recover the underlying files for audit, which information is over 10 years old. Despite relaying to Finra the Company's position that the delinquent financial reports are immaterial to the Company's current operations, and that such delinquency does not, in the opinion of management, pose any risk to current or prior investors, in reliance on FINRA Rule 6490 (d), our corporate action has been declined.

"The Company is extremely disappointed with this result but its full speed ahead," commented CEO Robert Gardiner. "During 2012 FINRA did process a corporate action for Megola despite these delinquent filings which consisted of a 1 for 50 reverse split, which management feels

was substantially more impactful to investors than our current request for a name and symbol change, however, management believes an appeal of the recent decision from Finra will not produce a different result. The Company will file the appropriate documentation with the State of Nevada to return our name to Megola, Inc. and continue operations for the time being under this name."

RECENTLY acquired product lines:

• 24 hr Hand Purifier (non-alcohol,non-benzalkonium,non-triclosan)
• Eco Surface Spray, Eco Surface/Air Spray
• Organic Bedbug/Dustmite Eco Kill
• Lithium Battery Fire-Gel
• Fire Deterrent Products- DF21 (variations), DF31(variations), DF11e Extinguisher Additive
• Cassava Powder Fire Extinguishant
• Fire Blanket/Smoke Hood Survival Bag
• Fire Extinguishant Super Absorbent Pellets
• ClearShield Wood Treatment (fire, mold, mildew, water repellant)

List of MedeSol Global Inc. LOI Product Lines

"ProtekSol" SiO2 Technologies Referred to as Liquid Glass, is based on Silicon Dioxide (SiO2) Hard Surfaces: Protects, Waterproofs & Keeps Surfaces Cleaner Longer

1. 1. Metal
   2. Stone
   3. Plastic, Sunglasses
   4. Glass - Cell Phones
2. Textiles: Waterproofs & Protects from UV damage
3. 1. Clothing
   2. Medical garments, bedding
   3. Furniture & Mattresses
   4. Industrial: Canvas, Tents

MedeSol Technologies

Persistent disinfection in Medical & Commercial/Industrial applications.

These "highly effective" & "safe to use" anti-microbial solutions are proven to quickly neutralize the most "difficult to Kill" Viruses & Bacteria months after application on most surfaces!

1. Odor Control: Eliminates Organic Odors with no Smell or Perfumes a. Pet, Home, Auto, Commercial, etc.

1. Food Security
2. 1. Extends life of produce from field to market
   2. Deodorizes home and commercial refrigerators while extending life of produce
3. Persistent Surface Disinfectants
4. MedeSol + ProtekSol + Super Absorbent Polymers (SAPs):

Creates very cost effective, safe, odorless and anti-microbial "revolutionary" products: a. Diapers & Feminine Hygiene Products: Eliminates Odors, Prevents enzymes from

creating ammonia, Anti-microbial, Safe

b. Absorbent Pads for Home & Hospital: Eliminates odors, Anti-microbial

c. Bio-Hazard Spill Pads & Granules: Neutralizes bacteria & viruses while cleaning up spills

http://www.sio2international.com

http://www.medesolglobal.com

LATEST NEWS:

Megola Signs DEFINITIVE Agreement with GS Capital Blends LLC

Megola Inc. CEO Letter to Shareholders

Megola Adds 4 Key Members to Advisory Board Positions

Stock information here: https://www.otcmarkets.com/stock/MGON/overview

For more information Contact:

Megola, Inc.

Attn: John MacLeod http://megolacorp.comhttp://twitter.com/megolacorpadmin@megolacorp.com 1-888-587-1698

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.