Item 8.01 Other Events

Ameri Metro, Inc. (the "Company") entered into an Opportunity License Agreement with the Portus de Jewel Seaport & Inland Port project (the "Project"), which was amended in June 2019. The agreement was further amended by a July 31, 2020 Resolution to include the Dutch East India Logistics Co. ("DEIL"), the entity responsible for the Project. The amended Opportunity License Agreement now provides that the Company has a 10% non-controlling interest in DEIL and the Project, and the ownership interest also includes ownership of the book value in DEIL and the Project. DEIL and the Project shall pay 10% of all profits before taxes to the Company. Based on DEIL and Project operations through July 2020, the Company is entitled to $250,408,071 in Net Ordinary Income and $53,805,646,202 of Book Value. The Company will record 10% ownership of the property in their financial filings. All related future revenue will also be recorded in the Company's financial filings.



Item 9.01 Exhibits



(d) Exhibits.



  23.1 Auditors Consent

  99.1 Supporting Documents




--------------------------------------------------------------------------------


                                       2

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses