Attached files

file filename
S-1/A - JANGIT ENTERPRISES, INC. S-1/A - JANGIT ENTERPRISES, INC.jang_s1a.htm
EX-23.1 - CONSENT FROM INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - JANGIT ENTERPRISES, INC.jang_ex23z1.htm
EX-10.3 - AMENDMENT NO. 1 TO LICENSE AGREEMENT WITH DIGITAL RESEARCH SOLUTIONS, INC. - JANGIT ENTERPRISES, INC.jang_ex10z3.htm

 


OPINION AND CONSENT OF BRUNSON CHANDLER & JONES, PLLC

 

June 21, 2021

 

Jangit Enterprises, Inc.

64175 620th Street  

Atlantic, IA  50022

 

Re:

Amendment No. 1 to Registration Statement on Form S-1

Jangit Enterprises Inc., a Utah corporation

 

Ladies and Gentlemen:

 

We have acted as counsel for Jangit Enterprises Inc. (the “Company”) in connection with the filing of a Amendment No. 1 to Registration Statement on Form S-1 filed as of even date herewith with the Securities and Exchange Commission (the “Registration Statement”). The Registration Statement relates to the registration of approximately 3,000,000 issued and outstanding shares of the Company’s $0.001 par value common stock (the “Common Stock”) held by certain selling stockholders, $0.001 par value (the “Selling Stockholder Shares”), and an additional 20,000,000 shares of Common Stock to be registered as part of an offer for sale by the Company (the “Offering Shares”).

 

In rendering the opinion expressed below, we have assumed, with your permission and without independent verification or investigation:

 

1. That all signatures on documents we have examined in connection herewith are genuine and that all items submitted to us as original are authentic and all items submitted to us as copies conform with originals;

 

2. Except for the documents stated herein, there are no documents or agreements between the Company and/or any third parties which would expand or otherwise modify the respective rights and obligations of the parties as set forth in the documents referred to herein or which would have an effect on the opinion;

 

3. That as to all factual matters, each of the representations and warranties contained in the documents referred to herein is true, accurate and complete in all material respects, and the opinion expressed herein is given in reliance thereon.

 

We have examined the Registration Statement and various other documents, books, records, instruments and certificates of public officials, directors, executive officers and agents of the Company, and have made such investigations as we have deemed reasonable, necessary or prudent under the circumstances. Also, in rendering this opinion, we have reviewed various statutes and judicial precedent as we have deemed relevant or necessary.

   

Based on the foregoing, we are of the opinion that:

 

1. The Company is a corporation duly organized and validly existing under the laws of the State of Utah.

 

2. The Selling Stockholder Shares covered by the Registration Statement have been duly authorized and are validly issued, fully paid and non-assessable.

 

3. The Offering Shares covered by the Registration Statement to be sold pursuant to the terms of the Registration Statement, when issued by the Company, will be duly authorized, and, upon the sale thereof as contemplated in the Registration Statement, will be duly authorized, validly issued, fully paid and non-assessable.


 

The opinions set forth above are subject to the following exceptions, limitations and qualifications: (i) the effect of bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect relating to or affecting the rights and remedies of creditors; (ii) the effect of general principles of equity, whether enforcement is considered in a proceeding in equity or at law, and the discretion of the court before which any proceeding therefor may be brought; and (iii) the unenforceability under certain circumstances under law or court decisions of provisions providing for the indemnification of or contribution to a party with respect to a liability where such indemnification or contribution is contrary to public policy. We expressly disclaim any obligation to update our opinions herein, regardless of whether changes in such facts or laws come to our attention after the date hereof.

 

We hereby consent to be named in the Prospectus forming Part I of the aforesaid Registration Statement under the caption, “Interest of Named Experts and Counsel,” and the filing of this opinion as an exhibit to the Registration Statement. In providing this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, and the rules and regulations of the Securities and Exchange Commission promulgated thereunder, including Item 509 of Regulation S-K.

 

Very truly yours,

 

/s/ Brunson Chandler & Jones, PLLC  

 

BRUNSON CHANDLER & JONES, PLLC