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
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