DarkPulse Inc (DPLS)

[bman22]

Under the terms of each LOI, DarkPulse would acquire 60% of Remote Intelligence and 60% of its sister company Wildlife Specialists for an aggregate of $1,300,000 with $1,000,000.00 to be paid in cash and $300,000.00 to be paid in common shares of DarkPulse, which are scheduled to be paid out equality between the company’s majority shareholder in two tranches, first $300,000 in restricted common shares payable upon closing, with the remaining $1,000,000 cash due within 12 weeks of closing. Additional cash will be invested in Remote Intelligent’s ongoing operations, to be applied towards working capital and expansion of the business.