Deposit on stock purchase agreement	9 Months Ended
Sep. 30, 2021
Deposit On Stock Purchase Agreement
Deposit on stock purchase agreement	Note 6 – Deposit on stock purchase agreement On August 7, 2021, the Company entered into a Stock Purchase Agreement, as amended on November 24, 2021 (the “CGI agreement”) with Capital Growth Investments, Inc. (“CGI”), and one of its shareholders, Pineapple Ventures, Inc., an equity method investment of the Company. Pursuant to the CGI agreement, the Company can acquire up to 50,000 shares of CGI, which comprise 50% of its issued and outstanding capital stock, from PVI, for an aggregate purchase price of $1,000,000. The Company, through one of its affiliates, Neu-Ventures Inc., paid $100,000 in the three and nine months ended September 30, 2021, towards the aggregate purchase price. No shares of common stock will be issued until the Company acquires the full 50% of the issued and outstanding capital stock of CGI. The remaining balance of $900,000 shall be funded before the extended deadline of March 31, 2022 (Note 14) in exchange for the 50% of the issued and outstanding common stock of CGI. If the aggregate purchase price is not fully paid before the extended deadline, all previously funded amount would be returned to the Company.

Deposit on stock purchase agreement

9 Months Ended

Sep. 30, 2021

Note 6 – Deposit on stock purchase agreement

On August 7, 2021, the Company entered into a Stock Purchase Agreement, as amended on November 24, 2021 (the “CGI agreement”) with Capital Growth Investments, Inc. (“CGI”), and one of its shareholders, Pineapple Ventures, Inc., an equity method investment of the Company. Pursuant to the CGI agreement, the Company can acquire up to 50,000 shares of CGI, which comprise 50% of its issued and outstanding capital stock, from PVI, for an aggregate purchase price of $1,000,000. The Company, through one of its affiliates, Neu-Ventures Inc., paid $100,000 in the three and nine months ended September 30, 2021, towards the aggregate purchase price. No shares of common stock will be issued until the Company acquires the full 50% of the issued and outstanding capital stock of CGI. The remaining balance of $900,000 shall be funded before the extended deadline of March 31, 2022 (Note 14) in exchange for the 50% of the issued and outstanding common stock of CGI. If the aggregate purchase price is not fully paid before the extended deadline, all previously funded amount would be returned to the Company.