Replies to post #7954 on Renavotio Inc (fka RIII)

[SC777]

CEO confirmed no dilution with unrestricted shares - he’s proven to be truthful time and again.

[Lottalead]

It’s an all stock acquisition. Where does it say otherwise?
The LOI provides for RI to exchange SEGN common stock for 100% of the Equity Interests of PPE for an aggregate purchase price of Two Million U.S. Dollars, ($2,000,000.00), calculated by issuing an equivalent amount of SEGN shares based on the stock's closing price on the date of the acquisition

[Lottalead]

This from the 8k:
The LOI provides for Buyer shall acquire 100% of the Equity Interests of the Company for an aggregate purchase price of Two Million US Dollars, ($2,000,000.00), subject to adjustment based on Buyer’s due diligence review, any third party valuation reports of the Company that Buyer may obtain and any adjustment terms set forth in the Definitive Agreement (the “Purchase Price”), with the intent to operate the Company as a wholly-owned subsidiary of Buyer. The Purchase Price shall be paid as follows: subject to adjustment, (i) Million Dollars, ($2,000,000.00) worth of Success Entertainment Group International, Inc., (“OTC:SEGN”) common stock, calculated at $.07 a share or the closing price the day of the close whichever is higher