Astra Energy, Inc. (OTCPK : ASRE) agreed to acquire 68.2% stake in Regreen Technologies, Inc. from Albert Mardikian for $24.2 million on August 5, 2022. As a consideration Astra paid $250,000 cash and issued 10 million shares of it's common stock. On achieving some milestones Astra will pay the consideration in the following way, i) Upon completion of the installation and full operation of a regreen system at the Hesperia, California site, or such other site as the parties agree to in writing, the company will pay to the seller $50,000 cash and release 2,500,000 astra shares to Albert.

ii) Upon completion of three months of the regreen system operating at a minimum of 50% of expected yields, the company will pay to the seller $50,000 cash. iii) Upon completion of six months of the regreen system operating at a minimum of 50% of expected yields, the company will pay to the seller $50,000 and release 2,500,000 Astra shares to Albert. iv) Upon completion of twelve months of the regreen system operating at a minimum of 50% of expected yields, the company will pay to the seller $50,000 and release 2,500,000 Astra shares to Albert.

Astra also assumed debt of $2.7 million of Regreen. On September 1, 2022, Astra will pay to the seller $50,000 cash as partial payment of the cash consideration for the Regreen shares.