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Thursday, 04/16/2020 7:37:55 AM

Thursday, April 16, 2020 7:37:55 AM

Post# of 33
10K out, more information on the Fourth Wave business plan here.

https://www.otcmarkets.com/filing/html?id=14076226&guid=JCkHUWqCcmUxDth

We plan to sign a non-binding Letter of Intent with GEOS Neighborhood, LLC (“GEOS”) to build energy efficient homes/townhomes on approximately 8 acres of undeveloped land in Arvada, Colorado.

The basic terms of the Letter of Intent are described below:

We will purchase the property from GEOS for $4,500,000. The purchase price will be used to pay debt secured by the property. We will also pay GEOS $30,000 for each lot on which we plan to construct a home or townhome. Payment of $30,000 will be due at commencement of construction.

The property is approved for 90 homes/townhomes. We will pay for the infrastructure necessary for the project, including utilities, grading, roads, gutters, street lighting and city fees for the 90 sites at a cost not to exceed $5 million. This work may be phased if agreed to by us and GEOS. We and GEOS will agree to the final design and marketing plan for the 90 homes/townhomes.

We will build 22 homes/townhomes as the first phase of the project. Additional homes/townhomes will be built based on market demand. We will pay the construction cost of the homes/townhomes and will receive all profits from their sale.