UHF Logistics Group Inc (RGLG)

[Buellersback]

WOW, $100M Revenue Potential...Interesting indeed!!!

https://www.otcmarkets.com/filing/html?id=17311648&guid=Hcd-k6NQcN5eJth

Item 1.01. Entry into a Material Definitive Agreement.

General

Entrex Carbon Market, Inc (aka UHF Logistics Group, Inc) is pleased to announce a preliminary letter of interest has been received to further develop a joint venture with the Entrex Carbon Market Arabia.

The preliminary expression of interest offers an initial $20 million of Sharia Compliant Carbon Financing with the potential to extend the financing to $100 million.

Timing of the funding is expected to commence over the next 12 months pursuant the audit and review committees and conditions of the Shariah Supervisory Board.

Funding is anticipated to be utilized to facilitate the delivery of Entrex's securitized carbon offsets which are expected to be sold to customers throughout the Arabian Peninsula.

The anticipated joint venture structure shall be managed as a subsidiary

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: February 27, 2024

ENTREX CARBON MARKET, INC
AKA - UHF LOGISTICS GROUP, INC

By: /s/ Stephen H. Watkins
Name: Stephen H. Watkins
Title: Chief Executive Officer