Hestia Insight sells Subsidiary to its Chairman
Hestia Insight assigned its 100% stake in Hestia Investments to Chairman Edward Lee in exchange for a waiver of a $500,000 debt liability and a future profit-sharing agreement. The restatement adjusts the composition of controlling equity and releases the company from its obligation to fund the subsidiary's operating losses.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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