Natur International Corp. entered into a letter of intent to acquire a majority position in Infinite Product Company LLP for $11.12 million on September 11, 2019. The consideration will be paid in installments over several months at and from the closing of the transaction in an amount equal to $6.12 million and then a further maximum amount of $5 million based on IPC meeting specified EBITDA targets. . The parties have agreed that Natur International will have the right to purchase the balance of the partnership under terms and conditions to be agreed, and determined at a later time. Pending finalization of the acquisition documentation, Infinite Product Company will continue to operate its business as before. Natur International Corp. cancelled the acquisition of a majority position in Infinite Product Company LLP on September 11, 2020.