ASSET PURCHASE AGREEMENT
Exhibit 2.1
This AGREEMENT (the “Agreement”) is entered into as of the 10th, day of May, 2021 by and among General Entertainment Ventures Inc., a Delaware corporation (herein referred to as “GEVI”), and Strategic Asset Holdings, LLC. (herein referred to as “Strategic”), a Wyoming Company and together, the “Parties” and each, a “Party”).
WHEREAS, Strategic shall become a Wholly-Owned Subsidiary of GEVI;
WHEREAS, GEVI believes it is in its best interests of its shareholders to acquire the Strategic business and through this action to acquire them as a Wholly-Owned Subsidiary in Exchange for a $50,000 Convertible Promissory Note bearing 7.5% interest.
IN WITNESS WHEREOF, the undersigned being the sole Director of GEVI and sole member of Strategic, this 10th Day of May, 2021.
| /s/ Xxxxx Xxxxxx | /s/ Xxxxx Xxxxxx |
| Xxxxx Xxxxxx - President | Xxxxx Xxxxxx - CEO/Director |
| Stretegic Asset Holdings, LLC | General Entertainment Ventures Inc. |
