Reading the Filing on 9/27 I noticed this
Newly formed subsidiary Sundar Technologies
So something is going on, maybe
Subsequent Events
EGPI FIRECREEK, INC.
Effective August 25, 2021 the Company and by and through its to be newly formed subsidiary Sundar Technologies, Inc. entered into a Purchase and Sale Agreement, including an Exclusive Licensing Agreement and an Assignment and Bill of Sale with Sundar Water, LLC and its principal member Bill Cotton in transition. The Agreements specifically encompass utilization and exclusive licensing of technologies patent pending for the production of clean water for the Oil and Gas Industry, only, on a global scale. The territory for the Exclusive License shall be worldwide. The plans include i) to build, deploy and operate machinery using the patented technologies and systems and by exclusive license the use of all related systems and technologies to separate oil and water, treating and producing clean water for agricultural and or other related requirements, from polluted chemical and salt water commonly found in all oil and gas wells, oil fields, refining operations, tanks, production fields and industry, and ii) for proposed scalability tests, buildout, installation, planned future manufacturing and development and deployment of the treatment and separation units for domestic and international sales and leasing applications to the oil and gas field and industry operators worldwide. Terms include initial payment of twenty thousand ($20,000.00) dollars which has been tendered, along with an initial scalable demonstration test unit build out and analysis costs. Seven Hundred Forty-Five Thousand ($745,000.00) dollars is to be made available within one hundred twenty (120) days from the Closing Date August 25, 2021, to build and deploy the first scalable demonstration unit, infield, for processing clean water for the oil and gas industry. Upon completion of the demonstration unit the Company and Sundar Water, LLC shall conduct a field test overseen and documented top University Phd. and analysis / engineering team. For the deployment and Exclusive License for the Assets Thirty (30%) percent of the common shares issued and then outstanding in the Company (the restricted “Purchase Shares”) shall be issued to the Seller of which Five (5%) percent of restricted purchase shares will be issued within 120 days of the Closing Date provided for herein, with the balance of Twenty-Five (25%) of restricted purchase shares issued upon successful deployment of the first test unit. If the first test unit needs work or adjustment Sundar Water, LLC will have no less than 60 additional days to remedy to aid successful deployment, or as may be mutually agreed by the parties hereto, so that the balance of restricted shares can be issued. If the test under all circumstances is not successful, the parties agree to discuss and determine either to conclude operations or continue to adjust and move forward to analyze all data and performance and remedies so to amend and restate balance of terms of the Agreement mutually agreeable and satisfactory to the parties to be then signed in writing.
F-15
