![]() Under the terms of the Purchase Agreement, Homescape, LLC will become a wholly owned subsidiary of 3DX Industries, Inc. “It is right in line with our growth strategy along with the acquisition of the real estate and operating business of Specialty Metal Works, LLC.,” he added. "The acquisition of Homescape LLC brings on income producing real estate assets that increase our cash flow and assets held on the balance sheet,” states Roger Janssen, CEO of 3DX Industries. These shares will be cancelled and returned to treasury. In combination with the acquisition, Homescape LLC will return to the company 5,297,905 common shares of 3DX Industries (OTCM: DDDX) previously earned. The purchase of Homescape strengthens 3DX’s assets as it continues to move forward with its acquisition strategy. The share price will be determined using a 10% discount to the closing price of DDDX shares the day prior to the repayment day. The note is payable in cash or common stock at the option of 3DX management. The acquisition cost of Homescape LLC, includes the issuance of 7,000,000 shares of common stock equating to $350,000 and a 3-year note payable of $1,650,000. The real estate assets are valued at $1,600,000, the ecommerce businesses at $150,000 and the stock portfolio and cash at $250,000 for total of $2,000,000. Microcap Investment Fund: A portfolio of micro cap stocks, primarily traded on the OTC Markets branded as The Fund™.Ecommerce Businesses: A portfolio of ecommerce businesses selling products (in the numismatics market) and business planning and investor relations services (for SMBs) branded as Cervitude™.Real Estate & Land Holdings: Ownership of Five (5) commercial rental units, Twenty Four (24) residential apartments and Thirty (30) land parcels located in New York, Nevada, New Mexico, Michigan and Arizona branded as Homeskape™.Homescape LLC (“Home”) is a diversified holding company with its assets in real estate, ecommerce businesses and a microcap investment fund. Seattle WA, Ap(GLOBE NEWSWIRE) - via NewMediaWire - 3DX Industries Inc. (DDDX) (the “Company” or “3DX”), a manufacturing conglomerate, announced today it has completed the acquisition of Homescape LLC, a Connecticut based Limited Liability Company in a deal valued at $2,000,000.
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