Company: AHRO
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001477932-25-008590
Chunk: 29

Company: Authentic Holdings, Inc.
Filing Date: 2025-11-25
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 pictures and serial television shows. The Company is currently using the non-tokenized library for content distribution on its own Maybacks TV Network. On April 29, 2025, the Company signed and closed a new Asset Purchase Agreement (the “Purchase Agreement”) with Goliath Motion Picture Promotions owned by Seller to formally acquire the assets previously licensed. In consideration therefore, the Purchase Agreement provides that the Seller shall exchange the 100,000 shares of Series D Preferred Stock for 100,000 shares of the Buyer’s newly established Series F Preferred Stock. On the Closing Date, pursuant to the Purchase Agreement, the Company acquired the Assets. As a result of the Purchase Agreement and the acquisition of the Assets, the Company plans to market its television shows and movie library on both Over the Air and Streaming Platforms in conjunction with a comprehensive marketing effort to create both content and distribution partnerships. The Company has determined the value of the consideration paid for the Assets to be $10,790,000.

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 Estimated future amortization for the above acquisitions are as follows:    Maybacks     Customers  2025 $175 2026  700 2027  700 2028  700 2029  700    2,975 Thereafter  2,450   $5,425 

NOTE 7 – RELATED PARTY TRANSACTIONS On September 30, 2025 and December 31, 2024, the Company had accumulated balances due its President, Chris Giordano and its CEO, Paul Serbiak in the amounts of $430,275 and $479,533, respectively. During the nine months ended September 30, 2025, the Company repaid $69,350 and proceeds of $20,091 were received from its President, Chris Giordano. During the nine months ended September 30, 2024, net cash repayments of $66,987 and proceeds of $4,530 respectively were received from its President, Chris Giordano. Promissory Notes Payable – related party On June 18, 2019, the Company issued a promissory note at a principal amount of $447,150 as part of the consideration for the acquisition of assets from AH Originals, Inc., a corporation controlled by the same owner-group of Global Fiber Technologies, Inc. The promissory note bears 3% interest