Monday, August 16, 2021 12:08:58 PM
From the June 8k:
The foregoing information is a summary of the Fifth Amendment described above, is not complete, and is qualified in its entirety by reference to the full text of the Fifth Amendment, which is attached as Exhibit 10.1 to this Current Report on Form 8-K, and to be reviewed for a complete understanding of the terms and conditions of the transaction described above.
On June 22, 2021, the Company entered into a stock purchase agreement (the “SPA”) with GSCG and BN. Pursuant to the terms of the SPA, the Company shall acquire 50,000,000 shares of common stock of GSCG, representing all of the outstanding shares of GSCG, from BN in exchange for the following:
a. 1,000,000 shares of the Company’s Series AA Super Voting Preferred Stock;
b. 8,974 shares of the Company’s Series DD Convertible Preferred Stock; and
c. An amount equal to USD $50,000 being the balance owing to BN pursuant to the terms of the New LOI and Assignment.
1
The closing of the SPA shall occur no later than August 18, 2021.
https://www.otcmarkets.com/filing/html?id=15050688&guid=OxWUkeyzRk1Ilth
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