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Thursday, January 26, 2023 7:54:32 AM
https://www.otcmarkets.com/otcapi/company/financial-report/351971/content
NOTE 7 - COMMITMENTS AND CONTINGENCIES
On December 15th, 2021 the Company signed a LOI and plans to acquire NRG Equipment LLC, a Montana LLC primarily engaged in the business of holding and leasing of equipment. In a stock and debt assumption transaction to close on or before June 1st, 2023. If that transaction closes, that acquisition would boost assets by approximately $5mm while lowering lease costs. Terms of the transaction have been negotiated but not yet finalized.
Hopefully we’ll get to hear if this was a stock, cash or combination purchase.
Now maybe they can focus on up listing to OTCQB while continuing to grow the company!
GLTA TTNN!
Cheers, Red
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