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Posted On: 07/05/2020 3:49:52 PM
Post# of 38589
HRAL wow filings out late Thursday OS is 9,131,066! Super low. The best part is in the subsequent events section, deal is closing!
https://backend.otcmarkets.com/otcapi/company...67/content
12. SUBSEQUENT EVENT
On May 11, 2018, the Company signed a Binding Letter of Intent (LOI) to purchase the shares of Crystal Clear
Corporation (Crystal). Crystal owns the Intellectual Property and assets pertaining to a new type of commercial
hearing device. The LOI requires the parties to negotiate and sign a definitive Purchase Agreement so that in
exchange for 20 million restricted shares in the Company, the Company would receive 100% of Crystal shares.
The Company is also required to provide $200,000 in working capital. If at the end of 180 days from the signing
of the Purchase Agreement, the Company has not provided the agreed upon working capital, the percentage
ownership transferred by Crystal to the Company will be reduced at an agreed upon rate.
On June 1, 2020, the definitive agreement was signed by both parties and the Company expects to close
before the end of Q2 2020.
https://backend.otcmarkets.com/otcapi/company...67/content
12. SUBSEQUENT EVENT
On May 11, 2018, the Company signed a Binding Letter of Intent (LOI) to purchase the shares of Crystal Clear
Corporation (Crystal). Crystal owns the Intellectual Property and assets pertaining to a new type of commercial
hearing device. The LOI requires the parties to negotiate and sign a definitive Purchase Agreement so that in
exchange for 20 million restricted shares in the Company, the Company would receive 100% of Crystal shares.
The Company is also required to provide $200,000 in working capital. If at the end of 180 days from the signing
of the Purchase Agreement, the Company has not provided the agreed upon working capital, the percentage
ownership transferred by Crystal to the Company will be reduced at an agreed upon rate.
On June 1, 2020, the definitive agreement was signed by both parties and the Company expects to close
before the end of Q2 2020.
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