Global Fiber Tech subsidiary licenses CEO's memorabilia patent; $10K fee, revenue milestones

Authentic Holdings, Inc.

Authentic Heroes gets exclusive license to CEO Serbiak's patent for sports/music memorabilia.
License fees: $100 within 10 days and $10,000 by Jan 1, 2023.
Royalty of 1% of revenue after $3M in year 3; additional 1% after $10M in year 5.
If revenue targets not met, exclusive license converts to non-exclusive.

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