Item 1.01 Entry into a Material Definitive Agreement.

On the 15th day of October, 2020, Futuris Company's wholly owned subsidiary Futuris Technology Services, Inc. ("Buyer"), with its principal place of business at 4506 Daly Drive, Suite-100, Chantilly, VA 20151 completed the acquisition of TalentBeacon HR Solutions Private Limited, ("Company"), a Private Limited corporation organized under the laws of India with its principal place of business Plot No:62,Sri Towers,1st Floor, KPHB 7th Phase, JNTU - Hitech City Road, Kukatpally, Hyderabad, Telangana 500085, India ("Seller") completed and .

Also noted in this agreement is TalentBeacon HR Solutions Private Limited's partner company, TalentBeacon LLC, President Mark Anderson ("Partner"). The parties entered into this Agreement, following which:

The Buyer will acquire 100% ownership of the Company and all preexisting assets and with all preexisting liabilities. In exchange, Sellers shall receive:

1. Eight Hundred Thousand Dollars ($800,000) in Common Stock of Futuris Company


    at closing, at price at or near $0.20 per share.

2. Share Buyback Agreement - After 24 months, the Buyer agrees to buy back


    Seller's shares that are below the original issued price per share for cash,
    at the issued price of the shares, within 30 day of notice from Sellers. This
    is a one- time transaction that cannot be phased in over time.

3. Earn Out - Sellers receive 25% of net profits in Year 1 for operations run by


    Sellers, in India or other locations managed by Sellers, less ½ of that amount
    to be received by Partner. Payments will be made semi-annually, in cash or
    shares as opted by the Sellers.

4. Earn Out - Sellers receive 20% of net profits in Year 2 for operations run by


    run by Sellers, in India or other locations managed by Seller, less ½ of that
    amount to be received by Partner. Payments will be made semi-annually, in cash
    or shares as opted by the Sellers.

5. Earn Out - Sellers receive 15% of net profits in Year 3 for operations run by


    Seller, in India or other locations managed by Seller, less ½ of that amount
    to be received by Partner. Payments will be made semi-annually, in cash or
    shares as opted by the Sellers.

The description of the transaction contemplated by this agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the documents filed as exhibits hereto and incorporated herein by reference.

On the 16th day of October, 2020, Futuris Company's wholly owned subsidiary Futuris Technology Services, Inc. ("Buyer"), with its principal place of business at 4506 Daly Drive, Suite-100, Chantilly, VA 20151 completed the acquisition of TalentBeacon LLC, ("Company"), an LLC corporation organized under the laws of New Jersey with its principal place of business 207-101 Kinderkamack Road, Oradell, NJ 07649 ("Seller") completed an acquisition agreement.

Also noted in this agreement is TalentBeacon LLC's partner company, TalentBeacon HR Solutions Private Limited, Managing Director Vikranth Benedict ("Partner"). The parties entered into this Agreement, following which:

The Buyer will acquire 100% ownership of the Company and all preexisting assets and with all preexisting liabilities. In exchange, Sellers shall receive:

1. Eight Hundred Thousand Dollars ($880,000) in Common Stock of Futuris Company


    at closing, at price at or near $0.20 per share.

2. Share Buyback Agreement - After 24 months, the Buyer agrees to buy back


    Seller's shares that are below the original issued price per share for cash,
    at the issued price of the shares, within 30 day of notice from Sellers. This
    is a one- time transaction that cannot be phased in over time.

3. Earn Out - Sellers receive 25% of net profits in Year 1 for operations run by


    Sellers, in India or other locations managed by Sellers, less ½ of that amount
    to be received by Partner. Payments will be made semi-annually, in cash or
    shares as opted by the Sellers.

4. Earn Out - Sellers receive 20% of net profits in Year 2 for operations run by


    run by Sellers, in India or other locations managed by Seller, less ½ of that
    amount to be received by Partner. Payments will be made semi-annually, in cash
    or shares as opted by the Sellers.




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5. Earn Out - Sellers receive 15% of net profits in Year 3 for operations run by


    Seller, in India or other locations managed by Seller, less ½ of that amount
    to be received by Partner. Payments will be made semi-annually, in cash or
    shares as opted by the Sellers.

The description of the transaction contemplated by this agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the documents filed as exhibits hereto and incorporated herein by reference.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In September 2020 the Futuris Company appointed Larry Gaffey to its Board of Directors. Mr. Gaffey has more than 40 years of experience as a CPA. Since 2012 Mr. Gaffey has been the Managing Member of Gaffey Deane & Tally, a CPA firm. Since 2017, Mr. Gaffey has served as CFO of Old Dominion Strategies, LLC and SDVOB government contractor. Mr Gaffey's responsibilities include plan, develop, organize, implement, direct and provide timely and accurate analysis of budgets financial reports and financial trends.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following is a complete list of exhibits filed as part of this Report. Exhibit numbers correspond to the numbers in the exhibit table of Item 601 of Regulation S-K.





Exhibit (2)     Futuris Acquisition Agreement - TalentBeacon HR Solutions

Exhibit (2.1)   Addendum to Futuris Acquisition Agreement - TalentBeacon HR Solutions

Exhibit (2.2)   Futuris Acquisition Agreement - TalentBeacon LLC

Exhibit (2.3)   Addendum to Futuris Acquisition Agreement - TalentBeacon LLC




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