I gather you did see this addition right...amazing how these companies pop up and kind of wrap into one another and you think GSTX will up-list to a real Nasdaq big board, not a chance.
I also seen a $68k loan the company got and that might buy a decent truck but nothing loaded and to thin about getting loans for Millions of dollars? So GSTX has rights on that property but wonder "who actually owns it"....oops! on that $68k loan did that ever get fully paid off or was it another loan that didn't.
NOTE 7 – NEW SUBSIDIARY COMPANY
US Thin-Film Corporation was registered in April 2021 in the State of Nevada USA as a wholly owned subsidiary of Graphene & Solar Technologies Limited. The purpose of this subsidiary is to hold all of the share capital in Cima Specialty Materials Ltd (“CSML”).
NOTE 8 – SUBSEQUENT EVENTS
During the month of July 2021 additional Common shares of 1,000,000 were approved for Stock based compensation to two company advisors at $0.20 per share, 500,000 Common shares for stock based compensation approved as second tranche with existing Company Advisor agreement from May 2021 at $0.50 per share as well as 500,000 Common shares for stock based compensation for a Company Advisor approved at $0.35 share.
Cima Specialty Materials Ltd “CSML” has been acquired by US Thin-Film Corporation under a Share Sale and Purchase Agreement with parent company CIMA Nanotech Holdings Limited. Under the terms of the Agreement 31,665,604 Regulation 144, restricted Common shares of the Company were agreed, approved and issued as full and total consideration for the share sale and purchase of CSML. (Refer also ITEM II MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND PLAN OF OPERATION.)
