Item 8.01 Other Events.
On
In consideration for agreeing to market and sell the Company's product, the
Company will agree to issue up to 5,000,000 shares of common stock. The
independent contractors will receive stock at a rate of fifty percent (50%) of
the sales price of the rice. The shares will be issued at the greater of
The shares will be issued pursuant to Section 4(2(a) of the Securities Act of 1933, and Regulation S promulgated thereunder.
In addition, the Company will be entering into an agreement with
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