Cranberry 100M $25.50 all in; Closing A2A Promised within 24 hours of initial paperwork
NEED A SOLID BUYER FOR 100M $25.50 ALL IN, A2A will happen within 24 hours and inspections are being scheduled for tomorrow afternoon
1) Parties agree to price and quantity
2) Parties sign NCNDA
3) Buyer sends LOI, ICPO, and LOA as to funds
4) KYC and AML from Account holder (account from where funds will move into escrow for payment)
5) Procurement Authorization Letter with Procurement Company if needed
6) Buyer Side Completes draft IMFPA
7) Seller does verification on Buyer documents and due diligence
8) Seller sends LOA to Buyer as to existence of Product
9) Buyer sends: Authorization to Verify (ATV)
a. Must be from Tier 1 American or Canadian Bank
b. Funds must be in an American Bank
10) SPA and Full IMPFA are signed by both parties.
11) Redacted verifiable SGS provided to Buyer through Buyer’s Attorney
12) A2A Discussion on escrow terms
13) Escrow Agreement
Funds are transferred into Escrow account as per A2A discussions. Location of escrow account agreed to between Attorneys (either Buyer’s / Seller’s / or Independent attorney escrow)
14) Full SGS provided and Buyer can do physical inspection / verification of goods at warehouse
15) After satisfactory inspection, funds released to Seller and Title to Product is transferred to Buyer, Inspect first and then pay.
16) Buyer responsible for storage and other charges after Title transfer.
Jose
Product sells quickly. You should not spend money drawing up legal paperwork to reserve the product for your client until you ask if it is still available. Email sales@patriot.health to inquire. Available product can be reserved by submitting a LOI/LOA/ICPO.
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