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Re: Jazzjam post# 39269

Tuesday, 09/06/2016 7:12:41 PM

Tuesday, September 06, 2016 7:12:41 PM

Post# of 41468
This is what I was interested in

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