ITEM 1.01ENTRY INTO A MATERIAL AGREEMENT.

Duesenberg Technologies Ltd. (the "Company'") entered into a consulting agreement (the "Agreement") dated June 22, 2021, with Veritas Consulting Group Inc., an arm's length contractor (the "Contractor"). The services to be provided by the Contractor shall include (1) corporate consulting by way of introductions to financial relations companies and financial services; (2) communicating with the Company's existing shareholders; and (3) introduce the Company to various securities dealers, investment advisors, analysts, funding sources and other members of the financial community and generally assist the Company in its efforts to enhance its visibility in the financial community.

The Agreement is for a term of one year and the Company shall pay the Contractor USD $15,000 per month with each party having the right to terminate upon thirty days' notice.

ITEM 5.02DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

Effective May 11, 2021, Mr. Ian G Thompson resigned from his position as the Chief Technical Officer of the Company's major subsidiary, Duesenberg Inc. in order to pursue other personal and business commitments. Mr. Thompson has confirmed that he has no disagreement with the Company's management and board of directors and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.




ITEM 8.01OTHER EVENTS.


Shareholder Arrangement with Veritas Consulting Group Inc.

Mr. Lim Kaishen (the "Shareholder"), a shareholder of the Company entered into a consulting agreement (the "Shareholder Consulting Agreement") dated June 22, 2021, with the Shareholder engaging the Contractor to provide general business development consultation services to the Company. The agreement is for one year with either party having the right to terminate within the first three (3) months of services provided. The Shareholder shall transfer 150,000 upon signing the Shareholder Consulting Agreement and another 150,000 shares after three months of services have been provided. Upon transfer, the shares will remain restricted under rule 144 and the Company will advise its transfer agent that tacking of the Shareholder's hold period shall not be permitted. As a result, a new 144 holding period shall commence. The Company has agreed to reimburse the Shareholder for the shares he has provided to the Contractor but only after the services have been rendered to the Company. The shares shall be reimbursed on a one for one basis. Both the Contractor and the Shareholder have been informed and have accepted these conditions.


--------------------------------------------------------------------------------
                                       2

--------------------------------------------------------------------------------

ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS.





(d)Exhibits


Exhibit Number Description of Exhibit



  10.1         Consulting Agreement between the Company and Veritas Consulting
               Group Inc. dated June 22, 2021.




























































--------------------------------------------------------------------------------
                                       3

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses