Sunday, January 17, 2021 7:14:08 PM
Their using their funds to expand to 1000 Beds with 5 more facilites. Apparently their already targeted and know what they want to buy.
There’s also BeCovidClear which has a big price tag.
“ The LOI contemplates the purchase of the majority interest (51%) for $5,000,000.00 in a series of three tranches. The funds are to be retained by Covid Clear for working capital purposes. The first tranche buys 25% of Covid Clear for a payment of $250,000.00. The second and third tranches are dependent on Covid Clear reaching certain sales revenue thresholds. The second tranche buys an additional 15% for a payment of $1,750,000.00 and the third buys an additional 10% for a payment of $3,000,000.00”
This also gives them exclusivity of BeCovidClear in Canada.
Big REVENUE = No Toxic Loans!!!
Go GRST!!!
Leon’s your the man.
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