Replies to post #24618 on CarSmartt Inc (CRSM)

[Stock_Barber]

Wow! They bought their own company for 48,000,000 shares!

And where did these shares come from???

Dilution!

[stervc]

CRSM Significant Blackbrick Construction Acquisition...

This CRSM acquisition of Blackbrick Construction, Inc. looks to be huge in my opinion. I'm guessing that the acquisition was done because of the three new projects ready to start within the next two months:
https://blackbrickconstruction.com/
https://blackbrickconstruction.com/gallery

https://ih.advfn.com/stock-market/USOTC/carsmartt-pk-CRSM/stock-news/85638311/current-report-filing-8-k
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

The response to this item is included in Item 2.01 below and is incorporated herein by this reference with respect to the acquisition transaction.

ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

Carsmartt, Inc., acquires Blackbrick Construction Inc.

The Acquisition transaction was completed on June 19, 2021. Blackbrick Construction, Inc. is a Construction Company specialized in ground up construction, remodeling and data centers with approximately $100,000 cash in bank account and three new projects ready to start within the next two months.

The control person and founder of Blackbrick Construction, Inc., is Alfredo Pignata.

Carsmartt entered into an Agreement to acquire Blackbrick Construction, Inc., a Florida corporation. Carsmartt agreed to pay Alfredo Pignata Forty eight Million (48,000,000) restricted shares of its Common Stock for 100% of Blackbrick Construction,Inc. common stock, included inventory and intellectual property.

v/r
Sterling