ContractPromotional and Sales Agreement • April 15th, 2014 • Metrospaces, Inc. • In vitro & in vivo diagnostic substances
Under the following agreement, which relates to the Registrant’s Las Naranjas 450 Project, Alimentos Globalia C.A. will own the property on which the project is to be built, and will receive 20% of gross sales of units. Alon-Bell, will act as the promoter and builder and will receive 15% of gross sales, GBS Fund will receive the remaining 65% of gross sales, which will be divided such that we will receive 26% of gross sales and GBS Fund will retain the rest, subject to change in the event of future equity investments.
