Stock Trend Capital Inc. (CSE: PUMP) (FSE: P0G) (PTC Pink: STOCF) (the “Firm” or “Inventory Pattern”) proclaims that the Firm has entered right into a mortgage settlement (the “Mortgage Settlement”) dated January 7, 2025, with 1001070426 Ontario Inc. dba eGOD Digital Labs (“eGod” or “the “Borrower”), whereby the Firm has agreed to supply the Borrower with a mortgage within the quantity of $1,000,000 (the “Mortgage”). The Mortgage is to assist the Borrower’s strategic initiatives and enterprise operations.
The Mortgage: (i) accrues curiosity on the mortgage quantity at a price equal to 10% every year; (ii) matures on June 30, 2026 (the “Maturity Date”); and (iii) is secured by first-priority safety curiosity on the non-public property of the Borrower, pursuant to a basic safety settlement.
In reference to the Mortgage, the Borrower agreed to problem to the Firm an anti-dilution warrant (the “Anti-Dilution Warrant”), which entitles the Firm to train the warrant to 25% of the Borrower for nominal consideration. The Borrower additionally agreed to pay Inventory Pattern a royalty within the quantity of seven% of the income generated by the Borrower till a complete quantity of royalty of $500,000 has been paid to the Firm (the “Royalty”). As well as, the Firm has the correct to elect to transform all or a part of the Mortgage, along with any accrued curiosity and together with the complete Royalty entitlement, into fully-paid and non-assessable widespread shares of eGod, which if exercised by the Firm might outcome within the Firm proudly owning greater than 51% of the Borrower, inclusive of an train of the Anti-Dilution Warrant.
We’re excited to supply this monetary assist to eGod Digital Labs and stay up for fostering the expansion and success of their operations,” mentioned Anthony Durkacz, Chief Government Officer and Chairman of Inventory Pattern Capital, “This settlement underscores our dedication to investing in high-potential alternatives whereas guaranteeing worth for our shareholders by means of sturdy protections like anti-dilution warrants and royalty funds.”
About eGOD Digital Labs
eGOD Digital Labs is concentrated on turning into a frontrunner within the Dogecoin and Litecoin mining area. eGOD is devoted to constructing sustainable, environment friendly, and scalable options that strengthen these networks. By leveraging superior mining programs, eGOD goals to assist the long-term development and potential of Dogecoin and Litecoin. For added info please go to www.egoddigital.com.
About Inventory Pattern
Inventory Pattern Capital Inc. is an funding issuer primarily targeted on the AI sector, crypto sector, and the Canadian hashish trade. The issuer intends to concentrate on investing in personal and public entities with sturdy mental property, distinctive administration and excessive development potential which may be strategically positioned available in the market.
On behalf of the Board of Administrators of
STOCK TREND CAPITAL INC.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Durkacz
CEO, Director
Phone: (416) 720-4360
Electronic mail: anthony@stocktrend.com
Cautionary Observe Concerning Ahead-Wanting Statements
This information launch comprises “forward-looking statements” inside the which means of relevant securities legal guidelines. Ahead-looking statements are primarily based on the opinions, assumptions, components and estimates of administration thought-about cheap on the date the statements are made. The opinions, assumptions, components and estimates which can show to be incorrect.
Ahead-looking statements contain identified and unknown dangers, uncertainties and different components which can trigger the precise outcomes, efficiency, or achievements of the Firm to vary materially from any future outcomes, efficiency or achievements expressed or implied by the forward-looking info. Such dangers and different components embrace, amongst others: basic financial, market, or enterprise situations; uninsured dangers; regulatory modifications; and different dangers detailed herein and sometimes within the filings made by the Firm with securities regulators. Though the Firm has tried to determine vital components that might trigger precise actions, occasions, or outcomes to vary from these described in forward-looking statements, there could also be different components that trigger such actions, occasions, or outcomes to vary materially from these anticipated. There may be no assurance that forward-looking statements will show to be correct and accordingly readers are cautioned to not place undue reliance on forward-looking statements. Ahead-looking info on this information launch might embrace statements concerning the completion of the Mortgage, the phrases of the Mortgage, the usage of proceeds from the Mortgage, and statements concerning administration’s expectations on the Firm’s future efficiency amongst different statements.
The statements on this press launch are made as of the date of this launch. Neither the CSE nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the CSE) accepts duty for the adequacy or accuracy of this launch.
