Replies to post #83429 on Bots Inc (BTZI)

[lesgetrich]

Here's some more points of interest in the contract (p.28).

(c) Exempted CBD Business: the following exemptions will not constitute a breach of contract as part of the non-compete clause contained in Section 6.8:

(i) The Purchaser acknowledges that the Seller has ownership in Omni Health, Inc., who is currently in the development of an anti-aging cream that may contain CBD. Any developments by Omni Health, Inc., are exempt from the non-compete.

(ii) Cherry Hemp Oil (“CHO”) – is a bulk isolate supplier and vape pen brand. CHO sales bulk isolate products to retailers and brands for use in their products. As a condition to this agreement CHO will sell bulk isolate at its cost to the Purchaser for use in their products.

(iii) The Seller acknowledges that the Purchaser has ownership in OGE Management, LLC, who currently produces concentrates, vapor pens and other cannabis products. Any developments by OGE Management LLC, are exempt from the non-compete.

(iv) The Seller acknowledges that the Purchaser has an investment in Bailey Venture Partners, LLC, who currently is an investor in a vape pen for the cannabis industry. Any developments by Baily Venture Partner, LLC and their portfolio companies are exempt from the non-compete.

(v) All vape pens and accessories related to current Seller.

(vi) All vape pens and accessories related to current Stony Hill Corp investments or operating partners.

[CashBowski]

I was actually asking Pita since it was the few of us that spotted that frivolous expenditure which was swept under the rug as no big deal -- as usual!

No one is clear on which .biz URL's Rosenberg decided to convert shares and spend a quarter million dollars on! Unfortunately that's never been disclosed. There were two sites, and there's only one site listed, so obviously the second site was part of the asset sale, or it doesn't exist.

So, thanks but I had it figured out 4 hours ago, as soon as I had a couple minutes to scan the contract.