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Subsequent Events
9 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
Subsequent Events

Note 14 – Subsequent Events

 

On November 26, 2021, the Company entered into the first amendment to the stock purchase agreement (note 6) with Capital Growth Investments, Inc., one of its shareholders and Pineapple Ventures, Inc., pursuant to which, the Company is to acquire 50% of the issued and outstanding common stock of Capital Growth Investments, Inc., for an aggregate consideration of $1,000,000, before March 31, 2022 (“revised deadline”). The Company funded an aggregate amount of $100,000 as of September 30, 2021. The Company must fund the remaining $900,000 before March 31, 2022. All previously funded amount shall be returned to the Company if the remaining $900,000 is not funded before the revised deadline.

 

The Company has evaluated all events that occurred after the balance sheet date through the date when the financial statements were issued to determine if they must be reported. The Company determined that there were no reportable subsequent event(s) to be disclosed.