GHS is absolutely obligated to purchase $7,000,000. It is important to note as well GHS is obligated to buy when DSGT determines to issue a put. Meaning DSGT is the controlling entity.
"Up to" only applies to conditions as stated below. Helps to read the entire filing not just the first paragraph.
SECTION VIII
TERMINATION
This Agreement shall terminate upon any of the following events:
8.1 when the Investor has purchased an aggregate of Seven Million Dollars ($7,000,000) in the Common Stock of the Company pursuant to this Agreement;
8.2 On the Date that is forty eight (48) calendar months from the date a registration statement is declared “Effective”; or
8.3 at such time that an underlying registration statement is no longer in effect.
Any and all shares, or penalties, if any, due under this Agreement shall be immediately payable and due upon termination of this Agreement.
SECTION IX
SUSPENSION
This Agreement shall be suspended upon any of the following events, and shall remain suspended until such event is rectified:
i. The trading of the Common Stock is suspended by the SEC, the Principal Market or FINRA for a period of two (2) consecutive Trading Days during the Open Period; or
ii. The Common Stock ceases to be quoted, listed or traded on the Principal Market or the Registration Statement is no longer effective (except as permitted hereunder). Immediately upon the occurrence of one of the above-described events, the Company shall send written notice of such event to the Investor.
Roaming Bull Investments LLC
