Nexus Energy Services Inc (IBGR)

[redwagon]

Here is the terms from the Press Release (as well as the link to it below):

Terms of Proposed Transaction

Under the terms of the LOI, and subject to requisite approvals, Dryworld shall issue up to 5,000,000 shares to the shareholders of Brio to acquire 100% of the issued and outstanding shares of Brio. Following close of the Transaction, Brio will become a wholly-owned subsidiary of Dryworld. Terms of the transaction include 3,000,000 shares to be paid at closing, with the remaining 2,000,000 subjects to performance milestones connected directly to revenue growth of the Latin/Central American market. All properties, assets, and contracts of Brio shall continue to be the property of Brio, a wholly owned subsidiary of Dryworld; and all sales contracts entered into by Brio shall be assigned to Dryworld.

https://newsdirect.com/news/dryworld-brands-inc-announces-intent-to-acquire-brio-holding-group-inc-providing-access-to-contracted-latam-retail-distribution-854777051