The Deal. The November 2021 Share Trust Repurposing Agreement will serve to amend the 2009 Share Trust Agreement. Currently all Share Trust assets are jointly held by all of the unitholders (unions). The first step of the Repurposing Agreement will be to reallocate the shares for the benefit of each union individually.
The Deal. 1.1 The Investors will buy convertible bonds from the Company at a total amount of up to USD 1,000,000 (USD one million) ("the Investment Amount") according to the dollar exchange rate as it shall persist on the day of signing the agreement ("the Consideration"). Also, the Investors will receive without consideration shares in the Company in an amount equal to USD 0.70 cents for every dollar invested in the shares according to a price of 1.5 cents per share. The shares will be allocated on the first day of the Investment.
The Deal. A. The specific Parties intend to form a Joint Venture, by way of the Agreement and related documents, those Parties being (1) JOINTVENTURE to be more formally named, herein being the Joint Venture entity, and (2) INDOOR being 51% owner of JOINTVENTURE and (3) FINCANN being the other 49% owner of JOINTVENTURE effectively at Closing.
The Deal. 3.1 At the completion date, the company will purchase from the investor, and the investor will transfer to the company the transferred asset, in consideration for the issuance of the issued shares to investor, when they are free (excluding limitations pursuant to Section 15(c) to the securities act). The issued shares to investor will be divided between the individuals of the investor in a manner which 544,760,702 shares will be issued to Emvelco RE Corporation and the balance of 363,173,801 shares will be issued to AP Holdings.
