Sollen Guatemala definition

Sollen Guatemala means Sollen-Mobile, S.A., a Guatemalan company in which the Corporation has acquired a 30% equity interest, as detailed in Item 2.2 The Business- Guatemala Joint Venture.
Sample 1Sample 2Sample 3
Sollen Guatemala means Sollen-Mobile, S.A., a Guatemalan company in which the Corporation has negotiated an equity interest, as detailed in Item 2.2 The Business- Guatemala Joint Venture.
Sample 1Sample 2

Examples of Sollen Guatemala in a sentence

  • At the Sollen Guatemala factory, the first “Sollen Mobile” product being assembled there is a 5” smartphone called the “Lucid SP-50”.

  • In July 2015, Sollen Guatemala began producing the first of its “Sollen Mobile” branded smartphones.

  • On September 30, 2014, the Corporation entered into the non-binding Guatemala LOI governing the incorporation of Sollen Guatemala, a Guatemala joint venture company to develop, manufacture and market smartphones, tablets and other touchscreen devices.

  • PRE-ARRANGEMENT STRUCTURE Orca Mobile Solutions Ltd.POST ARRANGEMENT STRUCTURE Pubco On February 11, 2016, the Corporation acquired a 30% equity interest in Sollen Guatemala, a joint venture company which operates a smartphone assembly factory.

  • From July to date, with introductions provided by the BD Consultant, the Corporation has been meeting with prospective SKD business partners and other investors in various developing countries throughout the world and presenting them with the results of Sollen Guatemala.

  • The initial paid-in capital of Sollen Guatemala was US$300,000, of which the Company paid US$100,000 ($112,080 CDN) for its 30% share of the investment.

  • On February 11, 2016, the Company, through its wholly-owned subsidiary, Orca Mobile, entered into a definitive agreement for the joint venture which governs the investment in and the management of Sollen Guatemala.

  • Woo, along with Xxxxxxxx, shall be a co-CEO of Sollen Guatemala and Woo is central to the planning and coordination of the Business and the Parties agree that he shall receive 3% of the common shares of Sollen Guatemala on Closing.

  • Xxxxxxxx shall be the Chairman of the Board of Sollen Guatemala and has considerable local knowledge, contacts and experience which the Parties agree shall have a deemed value equal to $100,000 (USD) and for which Xxxxxxxx will receive 30% of the common shares of Sollen Guatemala on Closing.

  • Orca will pay $100,000 (USD) in exchange for 30% of the common shares of Sollen Guatemala on Closing.

Related to Sollen Guatemala

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