Good Hemp Inc.

09/06/2024 | Press release | Distributed by Public on 09/06/2024 07:59

Material Event Form 8 K

Item 8.01 Other Events.

On September 5, 2024, Accredited Solutions, Inc., a Nevada corporation (the "Company"), executed a non-binding Indication of Interest (the "IOI") with Globetopper, a leading US-based B2B distributor of third third-party e-gift cards that reported $33.7 million (unaudited) in sales in 2023 and has projected a 2024 revenue run-rate of $42.5 million (unaudited) with a resulting anticipated profit on a net income basis. The IOI contemplates a transaction whereby the Company would acquire 100% of Globetopper's outstanding equity securities. Assuming that both parties to the IOI agree, and assuming the Company is assured of the auditability of Globetopper, the IOI contemplates that a formal agreement would be executed by the parties.

There is no assurance that any definitive agreement will result from the Company's executing this IOI or that the Company will otherwise benefit from its executing the IOI.

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