NetworkNewsBreaks – Hero Technologies Inc. (HENC
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Hero Technologies (OTC: HENC) recently received an independent third-party valuation and purchase price allocation for the acquisition of the assets of Veteran Hemp Co. “In November 2020, Hero Technologies entered into a purchase agreement to acquire all the assets of Veteran Hemp Co. from Patriot Shield National LLC,” reads a recent article. Veteran Hemp Co., which offers hemp that is tested, tasted and veteran approved, is committed to providing quality, consistent, delicious product, and it accomplishes this by working with the best farmers in the country, delivering the best genetics, helping at every point along the way, and packaging only the best product. “According to the valuation, which was calculated by Doty Scott Enterprises, the acquired assets from Veteran Hemp are valued at $169,711. The report noted that the acquisition improved Hero Technologies’ balance sheet with $140,805 in total tangible assets, $71,526 in net tangible assets, and $98,195 in intangible assets, including trade names, customer base and goodwill.”
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