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Fishing at Surfside

06/17/20 5:37 PM

#47119 RE: Fishing at Surfside #47113

As part of the process of executing the Share Exchange Agreement with CHII, an independent valuation of CHII is being performed by Centuri Valuation Services, LLC, and as of June 15, 2020.. Based, in part, on this Valuation, the terms of the Share Exchange Agreement with CHII are such that to reflect any difference between the CHII Valuation and the liabilities being transferred from SOLI to CHII, Charles O. Scott will receive consideration in the form of 1,000,000 shares of SOLI common stock, in addition to a payment from SOLI to Mr. Scott of $50,000, which is due within 90 days of the Closing Date.