GrocerIQ Holdings Inc (GRIQ)

[EdF]

The fact they didn't put in the PR the R/S ratio is telling. The question I have outstanding: Is Chucky the only one who will receive the additional 4 million shares? I know, silly question, of course he is. 

Under the terms of the acquisition, WPFH acquired 100 percent of the stock of VHHI from Solei Liquidation Trust, a trust established in September 2022 to facilitate and complete the liquidation of CareClix Holdings, Inc., which was dissolved in September 2022.  The consideration for the VHHI acquisition was 7,000,000 shares of restricted common stock of WPFH, with a reserve of 4,000,000 additional shares to be issued if certain performance milestones are met within the next two years.  The 7,000,000 consideration shares to be issued by WPFH will be issued to the beneficiaries of the Solei Liquidation Trust in a private offering in electronic form and will be restricted shares as a result of SEC Rule 145. 

https://www.otcmarkets.com/stock/WPFH/news/WPF-Holdings-Announces-Closing-of-Telehealth-Company-Acquisition?id=431061