InvestorsHub Logo
Followers 183
Posts 51351
Boards Moderated 10
Alias Born 12/20/2004

Re: JettaR post# 5701

Monday, 05/13/2024 9:36:12 PM

Monday, May 13, 2024 9:36:12 PM

Post# of 5862
What a freaking criminal enterprise... they're loi their own created out of thin air corps. It's all inbred like a good scam should. Gave themselves almost two months to pump. They should have given it 5 months. Now they'll just keep printing 8K's with "SOON" all over them.

Name change at the end of this month? Warning warning will robinson.... r/s immanent.

This sites here news feeds aren't working.


https://www.sec.gov/Archives/edgar/data/1363598/000136359824000004/20240504_8k.txt

Item 1.01. Entry into a Material Definitive Agreement.

General

Entrex Carbon Market, Inc (fka UHF Logistics Group, Inc) is pleased
to announce the execution of two Letters of Intents (LOIs) to acquire
various assets of the Carbon Market Exchange. These LOIs are
anticipated to close pursuant to acceptable due-diligence and associated
terms by June 30, 2024.

The initial Letter of Intent offers to acquire $470 million of
anticipated revenue and $250 million of anticipated net income from
various carbon offset projects owned by the Carbon Market Exchange.
These projects shall be managed by an Entrex Carbon Market wholly
owned NewCo pursuant to terms and conditions of the entity. Each
project within NewCo will issue four tradable securities: Project
Equity, Project Junior Debt, Project Senior Debt and Project Product
being Entrex s institutionalized compliance-grade carbon offsets.
Profits from the various projects accepted into NewCo shall be
distributed pursuant to individual terms of each project.

Each compliant project, which meets associated terms and
conditions, is expected to receive 10% equity from the Entrex Carbon
Revenue Index fund along with 15% Junior Equity for the project.
Using this capital structure would provide projects a Senior
lender 75% of the project cost with a priority lien offering a
3-1 leverage ratio.

The second Letter of Intent offers to acquire, pending
due-diligence and associated terms, a series of Crypto products
which could offers a second distribution methodology away from
Entrex s traditional DTCC settlement trading methodologies.
This LOI also is anticipated to close 06/30/2024.

Further information on the structure of NewCo and Crypto
trading methodologies shall be forthcoming. Additional information
may be available via OTCIQ once FINRA approves the name and symbol
changed anticipated before the end of May 2024.

SIGNATURE
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RGLG News