I'm guessing that we will likely wait ...
at least until the six months between Jan 26 and July 26 gets close to ending.
See excerpted text from the side letter agreement shown below.
Dear Sir:
This side letter (the "Letter Agreement") hereby confirms that, Western Graphite, Inc. ("Purchaser") and Atmosphere Global LLC ("Seller") entered into an Equity Exchange Agreement dated as of January 26, 2016 (the "Exchange Agreement"). Within thirty days of execution of the Exchange Agreement, Purchaser shall commence efforts to raise capital for the purchase of 20 Class B Units of Seller which represents twelve percent (12%) of all units issued by Seller for a purchase price of $75,000 per Class B Unit equal to a total purchase price of $1,500,000.00 (the "Purchase Price"). The Purchase Price shall be paid in four installments as follows: (i) $370,000.00 within the earlier of six (6) months from the date of execution of the Exchange Agreement or up-listing of Purchaser into a national exchange (provide that a portion of the initial $375,000.00 required for the Seller's operating expenses shall be pre-paid in an amount and at a time mutually agreed upon by the parties); (ii) $375,000.00 within ninety (90) days of the second payment; (iii) $375,000.00 within ninety (90) days of the third payment; and (iv) $375,000.00 upon Seller's receiving approval from the Environmental Protection Agency of its product known as "Atmosphere" for use as a sanitizer. Class B Units or a portion of a Class B Unit shall be issued by Seller to Purchaser upon receipt of payment therefore for a price of $75,000 per Class B Unit.
