Octavio Viveros acquired New World Technologies Group Inc. (NWT) from Poly Shield Technologies Inc. (OTCBB:SHPR) for $1 on December 2, 2013. Under the terms of the agreement, Poly Shield Technologies sold to Viveros all of the issued and outstanding shares of NWT in exchange for a royalty on 5% of NWT's gross revenues, expiring on December 31, 2018. NWT may buy out the royalty at any time for $1 million without credit for amounts previously paid under the royalty.


Octavio Viveros completed the acquisition of New World Technologies Group Inc. from Poly Shield Technologies Inc. (OTCBB:SHPR) on December 2, 2013.