Item 8.01 Other Events
HSR Technologies, Inc. has acquired the DAMAR TruckDeck bed liner intellectual
property, United State Patent Number US 8,210,591 B2 (the "Patent") for
$1,001,300.00 USD (the "Property"), whether or not related to truck bed tool
boxes / bed liners, and any other inventions and discoveries available to Seller
necessary for the exploitation of the Patent. The term "Property" includes,
whether or not related to truck bed tool boxes / bed liners, all copyrights and
trademarks related to the Patent, as well as derivatives, imitations,
adaptations, reproductions and exploitations owned by Seller including, but not
limited to United State Patent Number US 8,210,591 B2, and all confidential
information, trade secrets, industry contacts and goodwill associated with the
Patent. Ameri Metro, Inc. (the "Company") owns of 25% of the non-voting interest
in HSR Technologies, Inc.
The Company will record 25% of the ownership asset in the financial filings. All
future revenue will also be recorded in the Company's filings. The Property was
purchased for $1,001,300.00.00 USD. The purchase price was in a combination of
other valuable consideration and equity of Ameri Metro, Inc.'s Class B Stock.
HSR Technologies, Inc. owned Class B shares of Ameri Metro, Inc. The stock value
was @ $3,100.00 per share for this transaction and 323 shares were used as
currency for this transaction.
Item 9.01 Exhibits
(d) Exhibits.
99.1Supporting Documents
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