Asset Purchase Agreement
ASSET PURCHASE AGREEMENT
This AGREEMENT (the “Agreement”) is entered into as of the 10th, day of May, 2021 by and among General Entertainment Ventures Inc., a Delaware corporation (herein referred to as “GEVI”), and Strategic Asset Holdings, LLC. (herein referred to as “Strategic”), a Wyoming Company and together, the “Parties” and each, a “Party”).
WHEREAS, Strategic shall become a Wholly-Owned Subsidiary of GEVI;
WHEREAS, GEVI believes it is in its best interests of its shareholders to acquire the Strategic business and through this action to acquire them as a Wholly-Owned Subsidiary in Exchange for a $50,000 Convertible Promissory Note bearing 7.5% interest.
IN WITNESS WHEREOF, the undersigned being the sole Director of GEVI and sole member of Strategic, this 10th Day of May, 2021.
|/s/ Jason Tucker||/s/ Jason Tucker|
|Jason Tucker - President||Jason Tucker - CEO/Director|
|Stretegic Asset Holdings, LLC||General Entertainment Ventures Inc.|