Ovation Music and Studios, Inc. agreed to acquire Perfect Web Technologies, Inc. (OTCPK:PWBI) from Keith De Tone in a reverse merger transaction on October 8, 2014. Post-acquisition the management of Ovation will take over all business operations of Perfect Web Technologies.

Ovation Music and Studios, Inc. completed the acquisition of Perfect Web Technologies, Inc. (OTCPK:PWBI) from Keith De Tone in a reverse merger transaction on February 11, 2015. As part of the transaction, 198.7 million shares were issued to Keith De Tone.