Global Fiber Tech subsidiary receives $800K purchase order for vinyl albums

Authentic Holdings, Inc.

Joint venture 'Old is Gold' received $800,000 purchase order for 40,000 units at $20/unit.
Order from 'Best of As Seen On TV' of Westchester, PA; delivery scheduled mid-October.
Revenue will be recorded as deferred in Q3 2022 and recognized upon shipment to customer.
Authentic Heroes, a majority-owned subsidiary of Global Fiber, is 51% JV partner.

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