Common Contracts

1 similar Contractual Investment Agreement contracts

CONTRACTUAL INVESTMENT AGREEMENT
Contractual Investment Agreement • April 8th, 2021 • Colorado

WHEREAS, the Company, as a publicly traded and fully reporting company under Securities and Exchange Commission (“SEC”) Rule 12 (g), and as a result thereof is required to file, on an annual basis, certain quarterly and annual reports, specifically denominated as “10 Qs” and “10 Ks, to remain in current reporting status, and WHEREAS, the Company has certain mandatory past filings due under this regulatory regime, such filings to be adequately completed requiring significant expenditures in accounting, auditing, legal, EDGAR filing and administrative expenses, and WHEREAS the Company shall, in addition to the foregoing, incur significant, start up, acquisition, and operational costs, which, when taken together with the aforedescribed expenses, are expected to approximate $1,750,000, and WHEREAS, Investors are willing jointly to provide such funding as is set forth above in the amount of $1,750,000 to the Company, in terms of $ contribution made by the investor, jointly and severally, su

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