Wednesday, November 06, 2019 12:15:49 AM
He paid only 35k but he’s to pay reality 40% of the revenue until paid 100k and decking 25% means more 100k
Here is the text from last 8k
ITEM 2.01. Completion of Acquisition or Disposition of Asset
Effective August 30, 2019, Neutra Corp. (the “Company”, “we”, “our”) entered into an agreement to purchase all of the outstanding stock of Vivis Corporation, a Wyoming corporation, (“Vivis”) from Sydney Jim, the Company’s CEO. The purchase price for Vivis is $35,000 cash and a royalty of 40 percent of gross revenue until $100,000 is paid declining to 25 percent until an additional $100,000 has been paid. There will be a 10 percent royalty in perpetuity. Since this transaction involves our CEO, it will be accounted for as a related party transaction.
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