Windber National LLC, Blumenthal Family Investment Joint Venture, L.P., Peter A. Cohen and Jeffrey C. Piermont ('Buyers') entered into a stock purchase agreement to acquire 99.97% stake in Edgar Express, Inc. (OTCPK:EXXP) for $0.45 million on September 25, 2018. Under the terms, Buyers paid $0.45 million in aggregate for acquisition of shares and debt extinguishment amount of $0.39 million. The debt extinguishment amount was paid for repayment of Edgar Express’ debt. The debt extinguishment amount includes repayment of notes of $0.31 million and loan payable of $0.044 million. An escrow amount of $0.17 million will be deposited with escrow agent at the closing of the transaction. In a related transaction, Edgar Express entered into Subscription Agreements on September 25, 2018. Mary Foster and Brandon Pehrson resigned as officers but will continue to serve on the Board of Edgar Express until their successors are duly elected and qualified. Daniel E. Schmerin and Jeffrey C. Piermont were appointed as members of the Board. Daniel E. Schmerin was appointed as Chief Executive Officer and Jeffrey C. Piermont was appointed as Chief Operating Officer, President, and Secretary of Edgar Express. The transaction is subject to execution of Escrow agreement; Edgar Express shall have duly authorized and designated a series of Preferred Stock designated as “Series A Preferred Stock” in the form of and with the powers, preferences and rights satisfactory to the Buyers and others. Kenneth R. Koch and Daniel A. Bagliebter of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. acted as legal advisors to Buyers. Gennari Aronson, LLP acted as escrow agent in the transaction. Windber National LLC, Blumenthal Family Investment Joint Venture, L.P., Peter A. Cohen and Jeffrey C. Piermont ('Buyers') completed the acquisition of 99.97% stake in Edgar Express, Inc. (OTCPK:EXXP) on October 1, 2018. As of October 1, 2018, the sellers have failed to deliver to Jeffrey C. Piermont 0.25 million of the shares of Edgar Express that are required to be delivered pursuant to the terms of the agreement. All parties to the agreement are considering alternatives with respect to the delivery of the remaining shares. Windber National owns 2.9241 million shares of Edgar Express post transaction.