M&A
confidence high
sentiment positive
materiality 1.00
Lode-Star Mining acquires FinTradeSherpa AI platform for 227M shares; pivots from mining to fintech
FinTrade Sherpa, Inc.
- Acquired all intellectual property and rights to FinTradeSherpa AI-powered financial predictions platform from Tarka L'Herpiniere for 227,000,000 shares of common stock.
- Entered exclusive worldwide license for AI technology from Predictive Technology LLC for $440,000, payable $5,000/month; converts to perpetual license upon full payment.
- Changed corporate name to FinTrade Sherpa, Inc.; business now focuses on developing and marketing the FinTradeSherpa software, which is currently in alpha stage.
- Converted $169,644.71 debt owed to Lode-Star Gold Inc. into 1,357,158 shares; entity controlled by spouse of sole officer/director.
- Engaged Arcterix for software development at $123,000, contingent on the company raising at least $200,000 in equity; development costs for beta estimated at $245,000-$425,000.