![](https://investorshub.advfn.com/uicon/215196.png?cb=1464884464)
Tuesday, May 29, 2018 12:16:54 PM
– INTELLECTUAL PROPERTY (Restated)
During 2012 Umbra Applied Technologies, Inc. (“UAT”) executed five (5) technology purchase agreements with
unrelated parties. The buyer (UAT) and seller mutually agreed on the purchase prices which were paid in UAT
shares. UAT was acquired by UATG in November 2013. The total purchase price for those assets was
$35,390,000 which was recorded on the UATG financial statements originally as goodwill then amended to
Intellectual Property and effective with the September 30,2017 quarterly report restated to include debt
associated with the Intellectual property of $819,650 (Next Cast-$274,540; Rigid-$295,000; Palm Beach-
$250,000).
Technology description Purchase Price
Water Purification and desalination $15,000,000
Pegasus Hybrid Project (aerospace technology) $10,000,000
BuzzSwat (security technology) $2,000,000
Rigid (medical technology) $7,000,000
Security, battery and alternative technologies $1,390,000
sub-total $35,390,000
PAGE 25
https://backend.otcmarkets.com/otcapi/company/financial-report/192368/content
follow me on BLUE SKY BREAKOUT
FEATURED Element79 Gold Corp Appoints Warren Levy to Board of Directors • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM