Monday, January 15, 2024 3:40:50 PM
https://www.otcmarkets.com/filing/conv_pdf?id=17153959&guid=xFJ-kW-KetqjJthUse of Proceeds Percentage of Offering Sold
100% 75% 50% 25%
Marketing Expenses $ 88,889 $ 66,667 $ 44,445 $ 22,222
Research & Development $ 44,444 $ 33,333 $ 22,222 $ 11,111
Offering Expenses $ 400,000 $ 300,000 $ 200,000 $ 100,000
Debt Repayment (1) $ 475,000 $ 356,250 $ 237,500 $ 118,750
Financing Capital for Real Estate Acquisition & EV ChargePoint Installations $ 2,757,994 $ 2,068,496 $ 1,378,997 $ 689,499
Strategic Partnerships/Acquisitions $ 207,006 $ 155,255 $ 103,503 $ 51,752
Miscellaneous Operating Expenses $ 26,666 $ 20,000 $ 13,333 $ 6,667
TOTAL $ 4,000,000 $ 3,000,000 $ 2,000,000 $ 1,000,000
(1) $475,000 promissory note issued to Alpharidge Capital LLC due 02/01/2025. The control person for Alpharidge Capital LLC is Frank Igwealor.
Above info on Page 44.
Disclaimer: Do not rely on my projections or opinions to make a buy or sell decision. Always do your own DD.
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