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Friday, May 10, 2024 1:10:57 PM
of $382,405,108.25.
My initial thought on reading was wouldn’t it be interesting to see who signed and approved the sale and purchase agreement on behalf of NUVG and what representations and warranties did they seek from the majority shareholder The Jake P. Noch Family Office to fulfil their fiduciary duty as directors to protect the interests of minority NUVG shareholders and what due diligence did the board commission to satisfy themselves that the purchase price of $382,405,108.25 was indeed a fair purchase price ?
I then see online that Pro Music Rights, Inc. announced Jake P. Noch as new CEO of Nuvus Gro Corp (OTC: NUVG) on July 21, 2022 just a few weeks before NUVG acquired PRO for $382,405,108.25.
Am I also right in presuming that the current valuation of PRO Music Rights is now closer to $382 or $382,000 than $382 million ?
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