Indoor Harvest Corp (INQD)

[BahamaPete]

Done Deal! Under the terms of the Agreement, the aggregate purchase price of $1,675,000 consists of the following consideration: (i) a cash consideration payment at closing consisting of eight hundred thousand dollars ($800,000) to each of Seller and John Burleson in accordance with their Pro Rata Portion (as defined therein), less the $313,089.45 due and owing to Indoor Harvest in connection with certain nine separate promissory notes issued by the Company to Indoor Harvest between July 27, 2022 and February 28, 2023, and (ii) a stock consideration payment at closing consisting of one hundred twenty-five million shares (125,000,000) of Indoor Harvest’s common stock, $0.001 par value per share.https://www.sec.gov/ix?doc=/Archives/edgar/data/0001572565/000149315223014857/form8-k.htm