Tuesday, September 06, 2016 6:51:27 PM
On March 30, 2016, HempTech Corp completed a purchase agreement with Infrax Systems to buy certain assets of the company, which are as follows:
Asset* Purchase Price
Computer Equipment $ 41,153.50
Computer Software $ 2,750.00
Furniture & Fixtures $ 26,500.00
Telephone Equipment $ 2,172.00
Propriety Software $ 180,020.00
Trimax Intellectual property $ 500,000.00
Total $ 752,595.50
*This transaction is considered to be a Related Party Transaction since our CEO, Sam Talari, is a director and a majority holder of Infrax Systems
On March 30, 2016, HempTech Corp completed a purchase agreement with Infrax Systems to buy certain assets of the company, which are as follows:
Asset* Purchase Price
Computer Equipment $ 41,153.50
Computer Software $ 2,750.00
Furniture & Fixtures $ 26,500.00
Telephone Equipment $ 2,172.00
Propriety Software $ 180,020.00
Trimax Intellectual property $ 500,000.00
Total $ 752,595.50
*This transaction is considered to be a Related Party Transaction since our CEO, Sam Talari, is a director and a majority holder of Infrax Systems
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