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DISTRIBUTIONS TO NICHOLAS S. WARRENDER	12 Months Ended
Dec. 31, 2022
DISTRIBUTIONS TO NICHOLAS S. WARRENDER
DISTRIBUTIONS TO NICHOLAS S. WARRENDER	NOTE 9 – DISTRIBUTIONS TO NICHOLAS S. WARRENDER Distributions to Nicholas S. Warrender to Cover the Income Taxes Owed by Nicholas S. Warrender in Regard to the Net Income of Lifted Prior to February 24, 2020 Pursuant to Section 5.11 of the Agreement and Plan of Merger by and among the Company, Lifted, GJacobs, WJacobs, Warrender Enterprise Inc. and NWarrender dated January 7, 2020, certain Estimated Tax Distributions were to be made to NWarrender to cover estimated income tax obligations of NWarrender in regard to the net income of Warrender Enterprise Inc. during 2019 and during the short taxable year commencing on January 1, 2020 and ending on February 23, 2020, the date before the closing date of the Merger. The parties orally agreed that these Estimated Tax Distributions would be made to NWarrender as promptly as feasible following the closing date. On March 6, 2020, Lifted distributed a total of $193,767 of Estimated Tax Distributions based upon good faith estimates of such federal and state income tax obligations of NWarrender calculated by a third party tax preparation firm.

DISTRIBUTIONS TO NICHOLAS S. WARRENDER

12 Months Ended

Dec. 31, 2022

DISTRIBUTIONS TO NICHOLAS S. WARRENDER

NOTE 9 – DISTRIBUTIONS TO NICHOLAS S. WARRENDER

Distributions to Nicholas S. Warrender to Cover the Income Taxes Owed by Nicholas S. Warrender in Regard to the Net Income of Lifted Prior to February 24, 2020

Pursuant to Section 5.11 of the Agreement and Plan of Merger by and among the Company, Lifted, GJacobs, WJacobs, Warrender Enterprise Inc. and NWarrender dated January 7, 2020, certain Estimated Tax Distributions were to be made to NWarrender to cover estimated income tax obligations of NWarrender in regard to the net income of Warrender Enterprise Inc. during 2019 and during the short taxable year commencing on January 1, 2020 and ending on February 23, 2020, the date before the closing date of the Merger. The parties orally agreed that these Estimated Tax Distributions would be made to NWarrender as promptly as feasible following the closing date. On March 6, 2020, Lifted distributed a total of $193,767 of Estimated Tax Distributions based upon good faith estimates of such federal and state income tax obligations of NWarrender calculated by a third party tax preparation firm.