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Friday, December 22, 2017 7:06:42 PM
On December 22, 2017, the Company entered in an acquisition agreement with the
members of Alliance Management Solutions, LLC (“AMS”) whereby the Company shall pay
Cash Compensation and Benefit Plan for CEO of AMS as follows:
(a) $200,000 per annum for first 12 months
(b) AMS debt to membership interest holders will be paid off; up to $150,000, according
to a schedule: to be determined at a later date.
(c) Car Allowance of $600.00 per month
(d) Health, Dental and Vision Insurance paid for by company
(e) All travel, trade show and approved expenses
And Stock Compensation as follows:
(a) Three Million Five Hundred Thousand Shares (3,500,000) of BETW common stock
with a current market value of roughly $111,000, will be issued to the members of AMS,
pro rata, with the following conditions.
(i) There will be a 3-year hold period
(ii) Membership Interest Holders may request to convert the stock into a
Preferred Class of stock that controls 51% of the vote and converts into Three
Million Five Hundred thousand Shares (3,500,000).
(A) There will be a 90 period for the option to convert into the
convertible preferred class.
In addition, the Company has agreed to (a) Company will, on a best efforts basis, attempt
raise three hundred dollars (300,000 USD) annually for growth and expansion,
understanding that acquisitions and funding may require amendments from time to time.
https://www.otcmarkets.com/financialReportViewer?symbol=BETW&id=184914
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