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TetriDyn Solutions acquires JPF Venture Group

TetriDyn Solutions Inc. acquired all assets of JPF Venture Group Inc. on Dec. 8

The company issued 5,000 common shares to JPF Venture as the purchase price of the assets. The prescribed price in the agreement is 1,250,000 common shares but was adjusted with respect to TetriDyn's reverse stock split on a 1-for-250 basis.

On Dec. 5, TetriDyn's board approved an action to effectuate a reverse stock split of the issued and outstanding common shares of the company on a 1-for-250 basis.

JFP Venture is owned and controlled by TetriDyn's CEO and CFO and board member Jeremy Feakins. Its business consists of the development of a sustainable living community by creating an ecologically sustainable EcoVillage powered by 100% fossil-fuel free electricity, buildings cooled by energy efficient and chemical-free systems, and on-site water produced for drinking, aquaculture and agriculture.