# EDGAR Filing Document

**Accession Number:** 0002082126
**File Stem:** 0001683168-25-006702
**Filing Date:** 2025-9
**Character Count:** 497233
**Document Hash:** 8806010de3fdbe5f4c3577c4d991c53a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683168-25-006702.hdr.sgml**: 20250905

**ACCESSION NUMBER**: 0001683168-25-006702

**CONFORMED SUBMISSION TYPE**: 1-A

**PUBLIC DOCUMENT COUNT**: 34

**FILED AS OF DATE**: 20250905

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GROESTATE INC.
- **CENTRAL INDEX KEY:** 0002082126

**ORGANIZATION NAME:**
- **EIN:** 333150776
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 024-12659
- **FILM NUMBER:** 251295397

**BUSINESS ADDRESS:**
- **STREET 1:** 30 N. GOULD STREET
- **CITY:** SHERIDAN
- **STATE:** WY
- **ZIP:** 82801
- **BUSINESS PHONE:** 7785837929

**MAIL ADDRESS:**
- **STREET 1:** 30 N. GOULD STREET
- **CITY:** SHERIDAN
- **STATE:** WY
- **ZIP:** 82801

## Part

**PART II — INFORMATION REQUIRED IN OFFERING CIRCULAR**

**Preliminary Offering Circular dated September 5, 2025**

**An Offering Statement pursuant to Regulation A relating to these securities has been filed with the Securities and Exchange Commission. Information contained in this Preliminary Offering Circular is subject to completion or amendment. These securities may not be sold nor may offers to buy be accepted before the Offering Statement filed with the Commission is qualified. This Preliminary Offering Circular shall not constitute an offer to sell or the solicitation of an offer to buy nor may there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful before registration or qualification under the laws of any such state. We may elect to satisfy our obligation to deliver a Final Offering Circular by sending you a notice within two business days after the completion of our sale to you that contains the URL where the Final Offering Circular or the Offering Statement in which such Final Offering Circular was filed may be obtained.**

**GroEstate Inc.**

**UP TO 8,250,000 SHARES OF SERIES B 7.5% PARTICIPATING PREFERRED STOCK (INCLUDING UP TO 750,000 INCENTIVE SHARES)**

**$10.00 PER SHARE FOR EACH SHARE OF SERIES B 7.5% PARTICIPATING PREFERRED STOCK**

This is a public offering of securities of GroEstate Inc., a Wyoming corporation (the "Company"). We are offering up to 7,500,000 shares of our Series B 7.5% Participating Preferred Stock, par value $0.001 (the "Series B Preferred Stock"), at an offering price of $10.00 per share (the "Offered Shares") to investors ("Investors"). In addition, any Investor that invests at least $100,000 in the offering (the "Incentive Threshold"), will receive incentive shares (the "Incentive Shares") equal to their aggregate subscription amount multiplied by ten percent (10%). Accordingly, we may issue up to 750,000 Incentive Shares, assuming all Investors meet the Incentive Threshold. Each share of Series B Preferred Stock will pay a 7.5% annual dividend ("Dividends"). Dividends will be paid in cash on a quarterly basis beginning on the last day of a calendar quarter after such Offered Shares are sold.

We are conducting this offering on a best efforts basis which means our officers will use their commercially reasonable best efforts in an attempt to offer and sell the Offered Shares. Our officers will not receive any commission or any other remuneration for these sales. In offering the securities on our behalf, the officers will rely on the safe harbor from broker-dealer registration set out in Rule 3a4-1 under the Securities Exchange Act of 1934, as amended. We anticipate the offering will have multiple closings, on the first day of each month, subject to management's discretion to have additional closings. Since there is no minimum offering amount, the Company may immediately deposit the proceeds from accepted subscription agreements into the Company's bank account, and may use such proceeds in accordance with the Use of Proceeds.

This offering will terminate on the earlier of (a) twelve (12) months from the date this Offering Circular is qualified for sale by the Securities Exchange Commission ("SEC") (which date may be extended for an additional 90 days in our sole discretion); (b) the date when all Offered Shares have been sold; or (c) the date on which this offering is earlier terminated by us, in our sole discretion. The minimum purchase requirement per Investor is one hundred (100) Offered Shares ($1,000).

Our offices are located at 30 N Gould St, Suite R, Sheridan, WY 82801, Phone: 213-737-4545, Email: <u>investor@gro.estate.</u> We maintain a website at http://www.gro.estate. We do not incorporate the information on or accessible through our website into this Offering Circular, and you should not consider any information on, or that can be accessed through, our website as a part of this Offering Circular.

**These securities are speculative securities. Investment in the Company's capital stock involves significant risk. You should purchase these securities only if you can afford a complete loss of your investment. See the "[Risk Factors](#a_004)" section beginning on page 6 of this Offering Circular.**

**No Escrow to Close**

Subscriptions are irrevocable and the purchase price is non-refundable as expressly stated in this Offering Circular. Except for depositing 7.5% of the proceeds from this offering into an escrow account as a contingency to make the payments for Dividends in cash. All other proceeds received by the Company from subscribers for this offering will be available for use by the Company upon acceptance of subscriptions for the securities by the Company.

The sale of these shares will commence within two calendar days of the qualification date and it will be a continuous offering pursuant to Rule 251(d)(3)(i)(F). Since there is no minimum offering amount, the Company may immediately deposit the proceeds from accepted subscription agreements into the Company's bank account, and may use such proceeds in accordance with the Use of Proceeds.

In accordance with the requirements of Tier 2 of Regulation A+, we will be required to publicly file annual, semi-annual, and current event reports with the SEC after the qualification of the offering statement of which this Offering Circular is a part.

This Offering Circular shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sales of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the laws of any such state.

As of the date of this Offering Circular, there is no trading market for any of our securities, and we cannot assure you that a trading market will develop. We have not applied to list our securities on any national securities exchange.

**Investing in our Series B Preferred Stock involves a high degree of risk. See "[Risk Factors](#a_004)" beginning on page 6 for a discussion of certain risks that you should consider in connection with an investment in our Preferred Stock.**

---

| | | |
|:---|:---|:---|
|  | **Price to <br> Public** | **Proceeds to <br> Issuer** |
| Public Offering Price per Offered Share (1)(2) | $10.00 | $75000000 |
| Incentive Shares to Investors meeting the Incentive Threshold (1)(2) | $– | $– |
| Underwriting Discounts and Commissions (3) | $– | $– |
| Proceeds to Company (4) | $10.00 | $75000000 |

---

(1) We are offering shares on a continuous basis. We are offering up to 7,500,000 shares of Series B Preferred Stock, plus up to 750,000 additional shares of Series B Preferred Stock as Incentive Shares for Investors purchasing at least $100,000 in this offering. An investor receiving Incentive Shares will effectively receive a discount to the price per Offered Share. The Price per share to the public does not include the effective discount that would result from the issuance of any Incentive Shares, as applicable, See "[Plan of Distribution](#a_007)" for further details.

(2) This is a "best-efforts" offering. We will place 7.5% of the gross proceeds received from this offering into an escrow account, as a contingency to make the payments to the holders of the Series B Preferred Stock for Dividends (Dividends will accrue and be paid in cash beginning on the applicable date of closing through the calendar quarter ending immediately prior to the ten (10) year anniversary of the closing). Except for such escrowed proceeds to pay cash Dividends, all other proceeds shall immediately be deposited into the bank account of the Company and the Company may use such proceeds in accordance with the Use of Proceeds.

(3) We are offering these securities without an underwriter.

(4) Excludes estimated total offering expenses and the escrowed funds described in Footnote 2 above.

Our Board of Directors used its business judgment in setting a value of $10.00 per share of Series B Preferred Stock as consideration for the capital stock to be issued under the offering. The sales price per share bears no relationship to our book value or any other measure of our current value or worth.

**<u>NON-ACCREDITED INVESTOR LIMITATIONS</u>**

**No sale may be made to you in this offering if the aggregate purchase price you pay is more than 10% of the greater of your annual income or your net worth. Different rules apply to accredited investors and non-natural persons. Before making any representation that your investment does not exceed applicable thresholds, we encourage you to review Rule 251(d)(2)(i)(C) of Regulation A. For general information on investing, we encourage you to refer to www.investor.gov.**

**<u>NOTICE TO FOREIGN INVESTORS</u>**

**IF THE INVESTOR LIVES OUTSIDE OF THE UNITED STATES, IT IS THE INVESTOR'S RESPONSIBILITY TO FULLY OBSERVE THE LAWS OF ANY RELEVANT TERRITORY OR JURISDICTION OUTSIDE THE UNITED STATES IN CONNECTION WITH ANY PURCHASE OF THE SECURITIES, INCLUDING OBTAINING REQUIRED GOVERNMENTAL OR OTHER CONSENTS OR OBSERVING ANY OTHER REQUIRED LEGAL OR OTHER FORMALITIES. THE COMPANY RESERVES THE RIGHT TO DENY THE PURCHASE OF THE SECURITIES BY ANY FOREIGN INVESTOR.**

**THE U.S. SECURITIES AND EXCHANGE COMMISSION DOES NOT PASS UPON THE MERITS OF OR GIVE ITS APPROVAL TO ANY SECURITIES OFFERED OR THE TERMS OF THE OFFERING, NOR DOES IT PASS UPON THE ACCURACY OR COMPLETENESS OF ANY OFFERING CIRCULAR OR OTHER SOLICITATION MATERIALS. THESE SECURITIES ARE OFFERED PURSUANT TO AN EXEMPTION FROM REGISTRATION WITH THE COMMISSION; HOWEVER, THE COMMISSION HAS NOT MADE AN INDEPENDENT DETERMINATION THAT THE SECURITIES OFFERED ARE EXEMPT FROM REGISTRATION.**

**The date of this Offering Circular is September 5, 2025.**

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
|  | **Page** |
| [CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS](#a_001) | 1 |
| [SUMMARY](#a_002) | 2 |
| [THE OFFERING](#a_003) | 4 |
| [RISK FACTORS](#a_004) | 6 |
| [USE OF PROCEEDS](#a_005) | 12 |
| [DILUTION](#a_006) | 13 |
| [PLAN OF DISTRIBUTION](#a_007) | 14 |
| [MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](#a_008) | 17 |
| [BUSINESS](#a_009) | 22 |
| [MANAGEMENT](#a_010) | 27 |
| [EXECUTIVE COMPENSATION](#a_011) | 29 |
| [CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS](#a_012) | 30 |
| [PRINCIPAL STOCKHOLDERS](#a_013) | 31 |
| [SECURITIES OFFERED](#a_014) | 32 |
| [DESCRIPTION OF SECURITIES](#a_015) | 32 |
| [DIVIDEND POLICY](#a_016) | 35 |
| [SHARES ELIGIBLE FOR FUTURE SALE](#a_017) | 35 |
| [LEGAL MATTERS](#a_018) | 36 |
| [EXPERTS](#a_019) | 36 |
| [WHERE YOU CAN FIND MORE INFORMATION](#a_020) | 36 |
| [INDEX TO CONSOLIDATED FINANCIAL STATEMENTS](#a_021) | F-1 |

---

We are offering to sell, and seeking offers to buy, our securities only in jurisdictions where such offers and sales are permitted. You should rely only on the information contained in this Offering Circular. We have not authorized anyone to provide you with any information other than the information contained in this Offering Circular. The information contained in this Offering Circular is accurate only as of its date, regardless of the time of its delivery or of any sale or delivery of our securities. Neither the delivery of this Offering Circular nor any sale or delivery of our securities shall, under any circumstances, imply that there has been no change in our affairs since the date of this Offering Circular. This Offering Circular will be updated and made available for delivery to the extent required by the federal securities laws.

In this Offering Circular, unless the context indicates otherwise, references to "GroEstate" "we," the "Company," "our" and "us" refer to the activities of and the assets and liabilities of the business and operations of GroEstate Inc.

**CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS**

Some of the statements under "[Summary](#a_002)", "[Risk Factors](#a_004)", "[Management's Discussion and Analysis of Financial Condition and Results of Operations](#a_008)", "[Business](#a_009)" and elsewhere in this Offering Circular constitute forward-looking statements. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar matters that are not historical facts. In some cases, you can identify forward-looking statements by terms such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "potential", "should", "will" and "would" or the negatives of these terms or other comparable terminology.

You should not place undue reliance on forward-looking statements. The cautionary statements set forth in this Offering Circular, including in "[Risk Factors](#a_004)" and elsewhere, identify important factors which you should consider in evaluating our forward-looking statements. These factors include, among other things, may include statements about our:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· business strategy;

· our ability to successfully compete in highly competitive markets;

· our expectations regarding financial performance, including but not limited to revenue, achieving or maintaining profitability, ability to generate or maintain positive cashflow and other results of operations;

· our expectations regarding future operating performance, including but not limited to our expectations regarding our anticipated equipment leasing, purchase of farming operations, and consulting services, and the potential revenues and margins related thereto;

· our expectations regarding our competitors' use of incentives and promotions, our competitors' ability to raise capital, and the effects of such incentives and promotions on our growth and results of operations;

· our anticipated investments in new products and offerings, and the effect of these investments on our results of operations;

· our anticipated capital expenditures and our estimates regarding our capital requirements;

· our ability to make required dividend payments on the Series B Preferred
Stock to be issued in this offering;

· our ability to close and integrate acquisitions into our operations;

· anticipated technology trends and developments and our ability to address those trends and developments with our products and offerings;

· the size of our addressable markets, market share, category positions, and market trends, including our ability to grow our business in the countries we have identified as expansion markets;

· our ability to identify, recruit, and retain skilled personnel, including key members of senior management;

· our ability to effectively manage our growth and maintain and improve our corporate culture;

· our ability to successfully respond to global economic conditions, including rising inflation and interest rates;

· the availability of capital to grow our business;

· our ability to meet the requirements of our existing debt;

· our ability to comply with existing, modified, or new laws and regulations applying to our business; and

· our ability to implement, maintain, and improve our internal control over financial reporting.

Although the forward-looking statements in this Offering Circular are based on our beliefs, assumptions and expectations, taking into account all information currently available to us, we cannot guarantee future transactions, results, performance, achievements or outcomes. No assurance can be made to any investor by anyone that the expectations reflected in our forward-looking statements will be attained, or that deviations from them will not be material and adverse. We undertake no obligation, other than as maybe be required by law, to re-issue this Offering Circular or otherwise make public statements updating our forward-looking statements.

**MARKET AND INDUSTRY DATA**

This Offering Circular contains estimates, projections and other information concerning our industry, our business and the markets for our for farming and equipment leasing services, including data regarding the estimated size of such markets. We obtained the industry, market and similar data set forth in this Offering Circular from our internal estimates and research and from academic and industry research, publications, surveys and studies conducted by third parties, including governmental agencies. In some cases, we do not expressly refer to the sources from which this data is derived. Information that is based on estimates, forecasts, projections, market research or similar methodologies is inherently subject to uncertainties and actual events or circumstances may differ materially from events and circumstances that are assumed in this information. While we believe our internal research is reliable, such research has not been verified by any third party.

**SUMMARY**

*This summary highlights selected information contained elsewhere in this Offering Circular. This summary is not complete and does not contain all the information that you should consider before deciding whether to invest in our Common Stock. You should carefully read the entire Offering Circular, including the risks associated with an investment in the company discussed in the "[Risk Factors](#a_004)" section of this Offering Circular, before making an investment decision. Some of the statements in this Offering Circular are forward-looking statements. See the section entitled "[Cautionary Statement Regarding Forward-Looking Statements](#a_001)."*

**Company Information**

GroEstate Inc. (the "Company", "GroEstate", "we" and "us") was incorporated under the laws of the State of Wyoming on January 30, 2025. Our management team and advisors have experience in land development and agricultural technology, including but not limited to advanced water purification systems, specialized lighting, and growing techniques for high-yield, small-footprint cultivation as well as experience in equipment leasing, and real estate management for farming facilities. We are an agriculture property and equipment focused company that intends to generate recurring revenues by (i) acquiring, developing and leasing specialized farming facilities to independent operators under long-term lease and revenue-sharing arrangements, (ii) acquiring and leasing agricultural equipment to such farming facilities, and (iii) providing loans to farm operators, and (iv) providing certain consulting services related to land development, agricultural equipment, and farming techniques. We plan to acquire land, assist in development of such land, and lease land and equipment to farm operators in the North American market. We additionally plan on entering into joint development agreements with farm operators in order provide such operators with access to capital and consulting services with respect to land development, equipment use, and farming capabilities and analysis.

We are not directly involved in farming operations, and do not plan to be involved in any farming operations.

Our office is located at 30 N Gould St, Suite R, Sheridan, WY 82801, Phone: 213-737-4545, Email: <u>investor@gro.estate.</u> We maintain a website at http://www.gro.estate. We do not incorporate the information on or accessible through our website into this Offering Circular, and you should not consider any information on, or that can be accessed through, our website as a part of this Offering Circular.

**Section 15(g) of the Securities Exchange Act of 1934**

Our shares are covered by section 15(g) of the Securities Exchange Act of 1934, as amended that imposes additional sales practice requirements on broker/dealers who sell such securities to persons other than established customers and accredited investors (generally institutions with assets in excess of $5,000,000 or individuals with net worth in excess of $1,000,000 or annual income exceeding $200,000 or $300,000 jointly with their spouses). For transactions covered by the Rule, the broker/dealer must make a special suitability determination for the purchase and have received the purchaser's written agreement to the transaction prior to the sale. Consequently, the Rule may affect the ability of broker/dealers to sell our securities and also may affect your ability to sell your shares in the secondary market.

Section 15(g) also imposes additional sales practice requirements on broker/dealers who sell penny securities. These rules require a one-page summary of certain essential items. The items include the risk of investing in penny stocks in both public offerings and secondary marketing; terms important to in understanding of the function of the penny stock market, such as bid and offer quotes, a dealers spread and broker/dealer compensation; the broker/dealer compensation, the broker/dealers' duties to its customers, including the disclosures required by any other penny stock disclosure rules; the customers' rights and remedies in cases of fraud in penny stock transactions; and, the FINRA's toll free telephone number and the central number of the North American Securities Administrators Association, for information on the disciplinary history of broker/dealers and their associated persons.

**Dividends**

The Company has not declared or paid a cash dividend to stockholders since it was organized and does not intend to pay dividends in the foreseeable future, except for the Dividends payable on the Series B Preferred Stock, to the extent legally permissible. Our board of directors presently intends to retain any earnings to finance our operations and does not expect to authorize cash dividends in the foreseeable future, except as required by the Dividends / return of capital on the Series B Preferred Stock. Any other payment of cash dividends in the future will depend upon the Company's earnings, capital requirements and other factors.

**Participation Right**

As part of the subscription agreement, the purchasers of the Series B Preferred Stock will be parties to a revenue sharing arrangement pursuant to which, the Series B Preferred Stock holders will collectively have a right to receive 66.7% of the revenues generated from the variable rate usage fees and consulting based fees, excluding fixed rental payments for land leases and / or equipment rentals / leases ("Participation Right"). The Participation Right is based on payments actually received by the Company. Such Participation Right will be paid out quarterly on the same dates as the quarterly Dividends.

**Liquidation Preference**

In the event of any (i) liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary or (ii) sale of substantially all of the assets or capital stock of the Company, the holder of Series B Preferred Stock shall be entitled to receive, prior and in preference to any distribution to the holders of Common Stock, an amount equal to ninety percent (90%) of the net proceeds available for distribution to the stockholders pro rata, with such remaining ten percent (10%) to be distributed to the holders of Common Stock pro rata.

*Series B Preferred Stock Dividend Policy*

The Series B Preferred Stock will earn dividends at the rate of 7.5% per annum from applicable issuance. From the applicable date of closing through the end of the calendar quarter immediately preceding the ten (10) year anniversary of such closing, all Dividends, to the extent legally permissible, will be paid in cash on December 31st, March 31st, June 30th and September 30th of each year. Such cash Dividends may be paid as a return of capital from the escrowed funds from this offering (See "Escrowed Funds" below) and then through the Company's profits, to the extent legally permissible under Wyoming law.

*Escrowed Funds*

The Company will deposit 7.5% of the proceeds from this Offering into an escrow account of the Company's choosing, as a contingency to make the cash Dividend payments – See "Series B Preferred Stock Dividend Policy" above). The Company anticipates that beginning prior to the second year, it will have sufficient operating profits to make future cash Dividends, as required, but there can be no assurances that such operating profits are realized. In the event the Company does not have sufficient profits, it will use the escrowed funds as a return on capital as opposed to a dividend and the Series B Preferred Stock holders will be informed through the dividend statements accompanying the cash Dividends and with their tax statements that they are not receiving net profits, and that they should not assume that the source of these distributions are net profits. If Dividends are paid from operating profits, then the Company will move the escrowed capital to its operating account and use the capital for general working capital.

**Trading Market**

As of the date of this Offering Circular, there is no trading market for any of our securities, and we cannot assure you that a trading market will develop. We have not applied to list our securities on any national securities exchange or stock quotation system.

**THE OFFERING**

---

| | |
|:---|:---|
| **Issuer:** | GroEstate Inc. |
| **Securities offered:** | A maximum of (i) 7,500,000 shares of our Series B 7.5% Participating Preferred Stock, par value $0.001 ("Series B Preferred Stock") at an offering price of $10.00 per share (the "Offered Shares"), (ii) plus up to 750,000 incentive shares of Series B Preferred Stock ("Incentive Shares"). For each Investor purchasing at least $100,000 of Offered Shares (the "Incentive Threshold"), such Investor will receive such number of Incentive Shares equal to ten percent (10%) of the number of Offered Shares purchased (See "[Plan of Distribution](#a_007)."). |
| **No Conversion Rights:** | The Series B Preferred Stock is not convertible into any other security of the Company. |
| **Number of shares of Series B Preferred Stock outstanding before the offering:** | None. Notwithstanding, the Company currently has issued $317,544 in principal of convertible promissory notes ("Convertible Notes"). The Convertible Notes accrue interest at 8% per annum and contain an exit / bridge fee of 30% of the principal amount that is payable on maturity or, along with principal and interest, convertible into shares of Series B Preferred Stock at $10.00 per share (such shares upon issuance, the "Note Shares"). As of August 15, 2025, the Convertible Notes are convertible into an aggregate of approximately 42,000 Note Shares at the election of the holder(s). |
| **Number of shares of Series B Preferred Stock to be outstanding after the offering:** | 8,250,000 shares, if the maximum amount of Offered Shares are sold and assuming all Investors meet the Incentive Threshold. Such number of shares does not include any Note Shares issuable upon conversion of the Convertible Notes. |
| **Price per share / Stated Value:** | $10.00 |
| **Maximum offering amount:** | 7,500,000 shares at $10.00 per share, or $75,000,000, excluding any applicable Incentive Shares (See "[Plan of Distribution](#a_007)."). |
| **Dividend Payments:** | See *Description of Securities – Series B Preferred Stock* below. |
| **Participation Right:** | The holders of the Series B Preferred Stock will be parties to a revenue sharing arrangement with the Company pursuant to which they will collectively have a right to receive 66.7% of the revenues generated from the variable rate usage fees and consulting based fees, excluding fixed rental payments for land leases and / or equipment rentals / leases ("Participation Right"). The Participation Right is based on payments actually received by the Company. Such Participation Right will be paid out quarterly on the same dates as the quarterly Dividends<br>|
| **Liquidation Preference:** | In the event of any (i) liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary or (ii) sale of substantially all of the assets or capital stock of the Company, the holder of Series B Preferred Stock shall be entitled to receive, prior and in preference to any distribution to the holders of Common Stock, an amount equal to ninety percent (90%) of the net proceeds available for distribution to the stockholders pro rata, with such remaining ten percent (10%) to be distributed to the holders of Common Stock pro rata.<br>|
| **Trading Market:** | As of the date of this Offering Circular, there is no trading market for any of our securities, and we cannot assure you that a trading market will develop. We have not applied to list our securities on any national securities exchange. |

---

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| | | |
|:---|:---|:---|
| **Use of proceeds:** | If we sell all of the Series B Preferred Stock being offered, our proceeds (excluding our estimated offering expenses and any escrowed funds to be used to return capital for the cash Dividends) will be $75,000,000. We will use the majority of the net proceeds to (i) exercise our options to purchase the property and equipment of existing agriculture business and lease these assets to operators to run them on our behalf under long term leases, (ii) to make loans of capital and equipment leases to agricultural businesses and (iii) to jointly develop farming projects throughout the United States and Canada. The remaining proceeds are anticipated to be used for working capital and other general corporate purposes. Please see "[Use of Proceeds](#a_005)" for further information. | If we sell all of the Series B Preferred Stock being offered, our proceeds (excluding our estimated offering expenses and any escrowed funds to be used to return capital for the cash Dividends) will be $75,000,000. We will use the majority of the net proceeds to (i) exercise our options to purchase the property and equipment of existing agriculture business and lease these assets to operators to run them on our behalf under long term leases, (ii) to make loans of capital and equipment leases to agricultural businesses and (iii) to jointly develop farming projects throughout the United States and Canada. The remaining proceeds are anticipated to be used for working capital and other general corporate purposes. Please see "[Use of Proceeds](#a_005)" for further information. |
| **Risk factors:** | Investing in our Series B Preferred Stock involves a high degree of risk, including: | Investing in our Series B Preferred Stock involves a high degree of risk, including: |
|  | · | The Company is not yet profitable. |
|  | · | We do not currently own any farming properties and there are no guarantees we will be able to acquire any properties. |
|  | · | There is no market to sell the securities being purchased. |
|  | · | Our business is a competitive industry with competitors having greater financial resources. |
|  | · | We have a limited operating history. |
|  | · | There is doubt about our ability to continue as a going concern. |
|  | See "[Risk Factors](#a_004)" For a more complete discussion of the risks related to this offering and our business and financial condition. | See "[Risk Factors](#a_004)" For a more complete discussion of the risks related to this offering and our business and financial condition. |

---

**RISK FACTORS**

*An investment in our Series B 7.5% Convertible Preferred Stock involves a high degree of risk. You should carefully consider the following risk factors, together with the other information contained in this Offering Circular, before purchasing our Series B Preferred Stock. Any of the following factors could harm our business, financial condition, results of operations or prospects, and could result in a partial or complete loss of your investment. Some statements in this Offering Circular, including statements in the following risk factors, constitute forward-looking statements. Please refer to the section entitled "[Cautionary Statement Regarding Forward-Looking Statements](#a_001)".*

**Risks Related to this Offering and our Series B Preferred Stock**

***There is no existing market for our Series B Preferred Stock and we cannot predict whether one will develop to provide you with adequate liquidity to sell your Series B Preferred Stock at prices equal to or greater than the price you paid in this offering.***

There is no public market for our Series B Preferred Stock and we have not applied to list or quote our securities on any market, exchange or interdealer quotation system. We cannot predict the extent to which investor interest in our Company will lead to the development of an active trading market or otherwise or how liquid that market might become. If an active trading market does not develop, you may have difficulty selling any of your Series B Preferred stock that you buy. The purchase price for the Series B Preferred Stock was determined by us and may not be representative of the value of the Company. Consequently, you may not be able to sell your Series B Preferred Stock at prices equal to or greater than the price you paid in this offering, or at all.

***If our Securities becomes quoted, the market price of the Series B Preferred Stock may fluctuate, and you could lose all or part of your investment.***

The offering price for the Series B Preferred Stock is set by us based on a number of factors and may not be indicative of prices that would prevail on any national securities exchange or the OTC Markets if a market developed. If a market did develop, the value of our Series B Preferred Stock could decline.

Some of the other factors that could negatively affect our share price or result in fluctuations in our share price if a market did develop, include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· our operating and financial performance;

· quarterly variations in the rate of growth of our financial indicators, such as net income per share, net income and revenues;

· the public reaction to our press releases, our other public announcements and our filings with the SEC;

· our failure to meet revenue, reserves or earnings estimates by research analysts or other investors;

· changes in revenue or earnings estimates, or changes in recommendations or withdrawal of research coverage, by equity research analysts;

· our ability to make required Dividend payments on our Series B Preferred
Stock;

· our ability to make required payments on our current and future outstanding
debt instruments;

· speculation in the press or investment community;

· changes in accounting principles, policies, guidance, interpretations or standards;

· additions or departures of key management personnel;

· actions by our stockholders;

· general market conditions, including fluctuations in commodity prices;

· domestic and international economic, legal and regulatory factors unrelated to our performance; and

· the realization of any risks describes under this " [Risk Factors](#a_004) " section.

The stock markets in general have experienced extreme volatility that has often been unrelated to the operating performance of particular companies. These broad market fluctuations may adversely affect the value of our Series B Preferred Stock, if a market ever develops. Securities class action litigation has often been instituted against companies following periods of volatility in the overall market and in the market price of a company's securities. Such litigation, if instituted against us, could result in very substantial costs, divert our management's attention and resources and harm our business, operating results and financial condition.

***Our management has broad discretion as to the use of certain of the net proceeds from this offering.***

As described in the Use of Proceeds Section of this Offering Circular, we intend to use portions of the proceeds of this Offering to (i) acquire, develop and lease specialized farming facilities to independent operators under long-term lease and revenue-sharing arrangements, (ii) acquire and lease agricultural equipment to farming facilities, and (iii) provide loans to farm operators. The Company has entered into two (2) option agreements to purchase entities owning farming facilities (or such facilities outright) as well as a binding term sheet to jointly develop land and provide equipment leases and monetary loans to the operators. In addition, the Company is in various stages of negotiating additional arrangements with farming operators, that if executed, would further entitle the Company to spend a substantial amount of the proceeds from this offering. However, we cannot specify with certainty the particular uses of such proceeds. Our management will have broad discretion in the application of the net proceeds designated for use to purchase additional facilities and equipment, enter into loans, or as working capital or for other general corporate purposes. Accordingly, you will have to rely upon the judgment of our management with respect to the use of these proceeds. Our management may spend a portion or all of the net proceeds from this offering in ways that holders of our Series B Preferred Stock may not desire or that may not yield a significant return or any return at all. The failure by our management to apply these funds effectively could harm our business. Pending their use, we may also invest the net proceeds from this offering in a manner that does not produce income or that loses value. Please see "[Use of Proceeds](#a_005)" below for more information.

***The holders of our Series B Preferred Stock have certain rights to mandatory dividends and participation in our future revenues, which may result in the Company being insufficiently funded to meet its ongoing obligations and proposed expansion plans.***

Pursuant to the terms of the Series B Preferred Stock, holders are entitled to participation rights in revenues and mandatory dividends, regardless of whether the Company has sufficient retained earnings or unrestricted cash. These obligations may significantly impact our financial condition and limit our flexibility.

Specifically, the participation rights entitle the Series B Preferred Stock holders to collectively receive 66.7% of the revenues generated from the variable rate usage fees and consulting based fees, excluding fixed rental payments for land leases and / or equipment rentals / leases ("Participation Right"). The Participation Right is based on payments actually received by the Company. Such Participation Right will be paid out quarterly on the same dates as the quarterly Dividends. In addition, the mandatory Dividend requires that we make periodic cash payments equal to 7.5% of the subscription amount of all Series B Preferred Stock holders. As a result, even if we generate positive cash flows from operations or raise additional capital, a portion of such funds may be required to be used to satisfy our obligations to the Series B Preferred Stock holders before being available for reinvestment in our business, marketing and development, acquisitions, or other strategic initiatives. These requirements could reduce the cash available for operations, expansion, and debt repayment and increase the risk that we will need to seek additional financing on unfavorable terms to meet our obligations.

In addition, if our future tenants or equipment renters fail to timely make payments to us, we may not be able to make mandatory Dividends or afford to pay the participation rights to the Series B Preferred Stock holders.

***Some of our tenants may be unable to pay rent, which could adversely affect our cash available to make distributions to our stockholders or otherwise impair the value of your investment.***

We expect that single tenants will continue to occupy most of our properties and, therefore, the success of our investments will be materially dependent on the financial stability of these tenants. Some of our tenants may have been recently restructured using leverage acquired in a leveraged transaction or may otherwise be subject to significant debt obligations. Tenants that are subject to significant debt obligations may be unable to make their rent payments if there are adverse changes in their businesses or in general economic conditions. Tenants that have experienced leveraged restructurings or acquisitions will generally have substantially greater debt and substantially lower net worth than they had prior to the leveraged transaction. In addition, the payment of rent and debt service may reduce the working capital available to leveraged entities and prevent them from devoting the resources necessary to remain competitive in their industries. In situations where management of the tenant will change after a transaction, it may be difficult for our Adviser to determine with certainty the likelihood of the tenant's business success and of it being able to pay rent throughout the lease term. These companies are more vulnerable to adverse conditions in their businesses or industries and economic conditions generally, as well as to increases in interest rates.

Any lease payment defaults by a tenant could adversely affect our cash flows and cause us to reduce the amount of distributions to stockholders. In the event of a default by a tenant, we may also experience delays in enforcing our rights as landlord and may incur substantial costs in protecting our investment and re-leasing our property.

***Because our Series B Preferred Stockholders will have no voting rights, the Common Stock holders currently and for the foreseeable future will continue to control the Company.***

 ****

Holders of our Series B Preferred Stock will not be entitled to vote on any matters submitted to a vote of our shareholders, except as required under Wyoming law. As a result, all matters requiring shareholder approval, including the election and removal of directors, approval of mergers or other significant corporate transactions, and amendments to our articles of incorporation, as applicable, will be decided solely by the holders of our Common Stock. Our Common Stock is currently held by members of our management team and certain key consultants. Accordingly, these individuals will continue to control the outcome of shareholder votes for the foreseeable future.

This concentration of ownership and control may limit or preclude your ability to influence corporate matters and may result in decisions with which you disagree. It may also discourage or delay potential changes in control of the Company, limit the market value of your investment, and create potential conflicts of interest between management's interests and the interests of our other investors.

**Risks Relating to Our Financial Condition and Financing our Business**

***We are an early stage company with limited operations, and we have spent the majority of our time and effort locating and negotiating with owners of farming land to attempt to enter into joint development agreements or options to acquire such land.***

 ****

We were formed on January 30, 2025 and we currently have no revenues and very limited operations. Future losses are likely to occur until, we are able to generate substantial revenue from (i) future purchases of real estate and equipment, if and when it occurs, that we anticipate leasing back to farm owners, (ii) any profits we make on repayments of loans with interest that we anticipate making to farm operators, if and when such loans occur, and (iii) consulting services that we anticipate providing to farm operators pursuant to consulting arrangements or joint development agreements, which to date we have not yet provided any such services. There are no assurances that we will be able to raise enough proceeds in this offering to acquire any farmland or equipment, provide any loans, or provide any consulting services thereto. In the event that we are unable to derive significant revenue, you may lose your whole investment. We may not be able to obtain additional financing on terms favorable to us, if at all. If we are unable to obtain adequate financing or financing on terms satisfactory to us when we require it, our ability to continue to support our business growth and to respond to business challenges could be impaired, and our business may be harmed. As a result of these, among other factors, we have included a footnote within the financial statements for the year ended June 30, 2025, an explanatory paragraph stating that there is substantial doubt about our ability to continue as a going concern. Please *see* [NOTE 2 – GOING CONCERN](#a_028) for further information.

***Our real estate investments will consist of agricultural properties that may be difficult to sell or re-lease upon tenant defaults or early lease terminations, either of which would adversely affect returns to stockholders.***

Agricultural properties may be relatively illiquid compared to other types of real estate and financial assets. This illiquidity, in the event that we acquire properties, could limit our ability to quickly dispose of properties in response to changes in economic or other conditions. With these kinds of properties, if the current lease is terminated or not renewed, we may be required to renovate the property to the extent we have buildings on the property, or to make rent concessions in order to lease the property to another tenant or sell the property. In addition, in the event we are forced to sell a future property that we acquire, we may have difficulty finding qualified purchasers who are willing to buy the property. These and other limitations may affect our ability to sell or re-lease properties without adversely affecting returns to our Series B Preferred Stock holders.

***Our existing financial resources are insufficient to meet our ongoing operating expenses.***

 ****

We have no sources of income at this time and no existing cash balances to meet our ongoing operating expenses. In the short term, unless we are able to raise additional debt and/or equity we shall be unable to meet our ongoing operating expenses. In addition to the offering pursuant to this Offering Circular, we also may raise debt and/or equity to meet our ongoing operating expenses for growth in return for shares of our equity securities. There can be no assurance that we will be able to raise the capital to fund our operations and growth.

***Management has expressed concerns about our ability to continue as a going concern.***

Management has expressed concern about our ability to continue as a going concern based on the absence of significant revenues, our significant losses from operations and our need for additional financing to fund all of our operations. It is not possible at this time for us to predict with assurance the potential success of our business. The revenue and income potential of our proposed business and operations are unknown. If we cannot continue as a viable entity, we may be unable to continue our operations and you may lose some or all of your investment in our Series B Preferred Stock.

***As an early stage company, we have yet to achieve revenues, a profit and may not achieve a profit in the near future, if at all.***

We have not yet produced revenues nor a net profit and may not in the near future, if at all. While we expect our revenue to begin and grow in the near future, we have not achieved profitability and cannot be certain that we will be able to realize sufficient revenue to achieve profitability. Our ability to continue as a going concern may be dependent upon raising capital from financing transactions, increasing revenue throughout the year and keeping operating expenses below our revenue levels in order to achieve positive cash flows, none of which can be assured.

***Because we lack independent audit and compensation committees, our Board of Directors—which is entirely comprised of non-independent members of management—controls oversight of financial reporting and executive compensation, creating significant conflicts of interest..***

We do not have an audit committee or a compensation committee, nor do we have any independent directors serving on our Board of Directors. Instead, our Board of Directors, which consists solely of management, is responsible for performing these critical functions. As a result, matters such as oversight of our financial reporting, selection of auditors, and review and approval of executive compensation will be determined by individuals who also serve as members of management.

This structure creates inherent conflicts of interest, as directors who are involved in our day-to-day operations and who directly benefit from compensation decisions will participate in setting their own pay and overseeing financial disclosures that may impact management's performance evaluations. The absence of independent oversight may also reduce the reliability of our financial statements, limit transparency for investors, and diminish confidence in our corporate governance.

Additionally, because our directors collectively own more than 50% of our outstanding Common Stock, the only class of capital stock entitled to vote on matters submitted to shareholders, they are able to control outcomes of shareholder votes. This concentration of control, combined with the absence of independent oversight, may make it difficult for minority shareholders to influence our policies, challenge management decisions, or effect changes in corporate governance.

***Because we lack certain internal controls over financial reporting in that we do not have an audit committee and our Board of Directors has no technical knowledge of U.S. GAAP and internal control of financial reporting and relies upon the Company's financial personnel to advise the Board on such matters, we are subject to increased risk related to financial statement disclosures.***

We lack certain internal controls over financial reporting in that we do not have an audit committee and our Board of Directors has no technical knowledge of generally accepted in the United States of America ("GAAP") and internal control of financial reporting and relies upon the Company's financial personnel to advise the Board on such matters. Accordingly, we are subject to increased risk related to financial statement disclosures.

***The preparation of our consolidated financial statements involves the use of estimates, judgments and assumptions, and our consolidated financial statements may be materially affected if such estimates, judgments or assumptions prove to be inaccurate.***

Financial statements prepared in accordance with accounting principles generally accepted in GAAP typically require the use of estimates, judgments and assumptions that affect the reported amounts. Often, different estimates, judgments and assumptions could reasonably be used that would have a material effect on such financial statements, and changes in these estimates, judgments and assumptions may occur from period to period over time. Significant areas of accounting requiring the application of management's judgment include, but are not limited to, determining the fair value of assets and the timing and amount of cash flows from assets. These estimates, judgments and assumptions are inherently uncertain and, if our estimates were to prove to be wrong, we would face the risk that charges to income or other financial statement changes or adjustments would be required. Any such charges or changes could harm our business, including our financial condition and results of operations and the price of our securities. See "[Management's Discussion and Analysis of Financial Condition and Results of Operations](#a_008)" for a discussion of the accounting estimates, judgments and assumptions that we believe are the most critical to an understanding of our consolidated financial statements and our business.

**Risks Relating to Our Business, Industry, and Regulations**

***Our Anticipated business model relies on us successfully acquiring facilities and leasing equipment, providing capital, and performing consulting services, which we may not be able to implement or scale***.

Our anticipated business model is dependent on our future success in (i) acquiring and leasing farming facilities to operators (ii) purchasing and leasing farming equipment to operators, (iii) providing access to capital and loans to operators, and (iv) providing consulting and development services to operators. Since we are an early stage company with limited operations and no revenues, there is no certainty that we can implement our business plan at scale. We will need significant capital in order to execute on our business plan and our failure to execute on any or all aspects of our business plan could materially and adversely affect our results of operations and financial condition. Furthermore, our depends heavily on our ability to identify, contract with, and retain reliable farming operators who are capable of paying lease obligations, servicing loans, and benefiting from our consulting services. Many operators in the agricultural sector, including but not limited to hemp and marijuana growers, face financial challenges, limited access to credit, and volatile revenue streams. If our operator counterparties are unsuccessful or default on obligations to us, our anticipated revenues could be substantially reduced or eliminated.

***In the event that we are able to implement our business plan, we will have to manage distinct service lines requiring different expertise, capital commitments and growth, and given our limited operating history and resources, there are no assurances we will be successful.***

We anticipate pursuing four distinct service lines: facility acquisition and leasing, equipment leasing, lending, and consulting. Each line requires different expertise, capital commitments, and risk management. Managing these activities simultaneously, particularly as a new company with limited resources and operating history, may be difficult to do given our small management team and limited infrastructure. If we fail to effectively execute on one or more of these lines, it could materially impair our ability to scale and achieve profitability.

***The properties that we expect to acquire may be subject to extensive regulations, which may result in significant costs and materially and adversely affect our business, financial condition, liquidity and results of operations.***

The properties that we expect to acquire, if we are able to implement our business plan, will likely be subject to various local laws and regulatory requirements. Local property regulations may restrict the use of properties that we intend to acquire and may require us to obtain approval from local authorities prior to acquiring a property or when developing or undertaking renovations. Among other things, these restrictions may relate to cultivation of medical-use cannabis, the use of water and the discharge of waste water, fire and safety, seismic conditions, asbestos-cleanup or hazardous material abatement requirements. We cannot assure you that existing regulatory policies will not materially and adversely affect us or the timing or cost of any future acquisitions, developments or renovations, or that additional regulations will not be adopted that would increase such delays or result in additional costs. Our failure to obtain such regulatory approvals could have a material adverse effect on our business, financial condition, liquidity and results of operations.

***For any facility that we may acquire in the future, compliance with environmental laws could materially increase our operating expenses.***

In the event that we acquire any properties , we may be subject to environmental conditions of which we are unaware. If environmental contamination exists on properties we acquire, we could become subject to liability for the contamination. The presence of hazardous substances on a property may materially and adversely affect our ability to sell the property and we may incur substantial remediation costs. In addition, although we may require in our leases that tenants operate in compliance with all applicable laws and indemnify us against any environmental liabilities arising from a tenant's activities on the property, we could nonetheless be subject to liability by virtue of our ownership interest and we cannot be sure that our tenants would satisfy their indemnification obligations to us. Such environmental liability exposure associated with properties we acquire in the future could harm our business, financial condition, liquidity and results of operations.

***Assets leased to cannabis businesses may be forfeited to the federal government.***

We currently intend to lease equipment to facilities that cultivate cannabis. Any assets used in conjunction with the violation of federal law are potentially subject to federal forfeiture, even in states where cannabis is legal. If the federal government decides to initiate forfeiture proceedings against cannabis farmland that we lease equipment or lend money to, our investment in those properties may be lost.

***Our future tenants may become insolvent or file for bankruptcy, which could adversely affect our future income***

If we acquire agricultural or related properties and lease them to operators, we will be exposed to the creditworthiness and financial stability of our tenants. Many operators in the farming sector—including but not limited to hemp and marijuana growers—face limited access to capital, thin profit margins, and volatility in crop yields and commodity prices. These conditions increase the likelihood of financial distress.

If a tenant were to become insolvent, default on its lease obligations, or file for bankruptcy protection, we could experience a significant reduction or complete loss of expected rental income from that property or future consulting services. In such circumstances, we may also incur substantial costs associated with enforcing our lease rights, finding a new tenant for the property, or maintaining the property during periods of vacancy.

Bankruptcy proceedings can further restrict our ability to enforce lease provisions or recover damages. Even if we are able to re-lease the property, there is no assurance that we could secure a replacement tenant on comparable economic terms, if at all. Any prolonged vacancy or reduced rental income could materially and adversely impact our financial condition, results of operations, and our ability to pay dividends.

***We are dependent on our management team and development and operations personnel, and the loss of one or more key employees or groups could harm our business and prevent us from implementing our business plan in a timely manner.***

Our success depends substantially upon the continued services of our executive officers and other key members of management. From time to time, there may be changes in our executive management team resulting from the hiring or departure of executives. Such changes in our executive management team may be disruptive to our business. We are also substantially dependent on the continued service of our existing development and operations personnel because of the complexity of our service and technologies. We only have consulting agreements with our CEO and COO. As a result of this, other key management, development or operations personnel, could terminate their employment with us at any time. We do not maintain key person life insurance policies on any of our employees. The loss of one or more of our key employees or groups could seriously harm our business.

***Natural disasters and other events beyond our control could materially adversely affect us in the future.***

In the event that we are able to acquire properties or receive income based on agricultural output in the future, we may be adversely affected by natural disasters or other catastrophic events that cause damage or disruption to farm operators crop output and greenhouse and other equipment. In such events, we may be adversely affected by such disasters and our profitability may be significantly impacted.

***Given our limited workforce and need for additional capital, we anticipate relying heavily on third-party consultants, which may expose us to additional operational risks.***

 ****

We expect to initially rely heavily on consultants, contractors, and other third-party service providers to perform a significant portion of our operational, administrative, and technical functions. While this approach may allow us to remain flexible and reduce fixed overhead, it also exposes us to risks beyond our direct control. There is no assurance that qualified third parties will be available to us on favorable terms, or at all, when their services are required. In addition, reliance on external providers may lead to higher costs, delays, inconsistent quality of service, or disruptions if a provider terminates its relationship with us, fails to meet contractual obligations, or encounters financial or operational difficulties of its own. Any inability to secure or retain reliable third-party providers could impair our ability to operate efficiently, increase our costs, and materially and adversely affect our business, financial condition, and results of operations.

***Cautionary Note***

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We have sought to identify what we believe to be the most significant risks to our business, but we cannot predict whether, or to what extent, any of such risks may be realized nor can we guarantee that we have identified all possible risks that might arise. Investors should carefully consider all of such risk factors before making an investment decision with respect to our Series B Preferred Stock or Common Stock.

**USE OF PROCEEDS**

If we sell all of the Offered Shares, our gross proceeds will be $75,000,000. The figures below are estimates only and the actual costs may differ. The precise amounts that we will devote to each of the following items, and the timing of expenditures, will vary depending on numerous factors. As of the date of this Offering Circular, we have not sold any securities pursuant to this offering.

To account for a varying potential use of funds from the low to high ends of this range, the following table represents management's best estimate of the uses of gross proceeds. We provide a summary of the proceeds, excluding offering expenses at the maximum raise amount, as well as at the 25%, 50%, and 75% intervals. All amounts in this table are based on estimated amounts outstanding on June 30, 2025.

**If 100% of the Shares are sold:**

---

| | |
|:---|:---|
| **Planned Actions** | **Estimated Cost to Complete** |
| Expansion of Community Gardens Project | $20000000 |
| Exercise of Cremona Option | 8900000 |
| Purchase of Cremona Note | 3000000 |
| Exercise of Jones Farm Option | 10000000 |
| Purchase of properties and equipment currently unidentified | 21400000 |
| Marketing Costs of this Offering | 3750000 |
| Repayment of Loans (including interest and bridge fees) | 419965 |
| Working Capital, General Corporate Purposes and escrow | 7530035 |
| **TOTAL** | $**75000000** |

---

**If 75% of the Shares are sold:**

---

| | |
|:---|:---|
| **Planned Actions** | **Estimated Cost to Complete** |
| Expansion of Community Gardens Project | $20000000 |
| Exercise of Cremona Option | 8900000 |
| Purchase of Cremona Note | 3000000 |
| Exercise of Jones Farm Option | 10000000 |
| Purchase of properties and equipment currently unidentified | 5500000 |
| Marketing Costs of this Offering | 2812500 |
| Repayment of Loans (including interest and bridge fees) | 419965 |
| Working Capital, General Corporate Purposes and escrow | 5617535 |
| **TOTAL** | $**56250000** |

---

**If 50% of the Shares are sold:**

---

| | |
|:---|:---|
| **Planned Actions** | **Estimated Cost to Complete** |
| Expansion of Community Gardens Project | $12500000 |
| Exercise of Cremona Option | 8900000 |
| Exercise of Jones Farm Option | 10000000 |
| Marketing Costs of this Offering | 1875000 |
| Repayment of Loans (including interest and bridge fees) | 419965 |
| Working Capital, General Corporate Purposes, and escrow | 3805035 |
| **TOTAL** | $**37500000** |

---

**If 25% of the Shares are sold:**

---

| | |
|:---|:---|
| **Planned Actions** | **Estimated Cost to Complete** |
| Expansion of Community Gardens Project | $6000000 |
| Partial exercise of the Cremona Option | 4450000 |
| Partial exercise of the Jone Farm Option | 5000000 |
| Marketing Costs of this Offering | 937500 |
| Repayment of Loans (including interest and bridge fees) | 419965 |
| Working Capital, General Corporate Purposes and escrow | 1942535 |
| **TOTAL** | $**18750000** |

---

As indicated in the table above, if we sell only 25%, 50% or 75% of the Offered Shares offered for sale in this offering, we expect to use the resulting proceeds for the same purposes as we would use the proceeds from a sale of 100% of the Offered Shares, except we would likely reduce the exercise of our options disproportionately between the different opportunities. In the event that we raise 100% or 75% of the maximum offering amount, we intend to (i) fully exercise the purchase options on the Cremona Farm and Jones Farm projects and (ii) build out 20 community garden properties. If we raise lesser amounts, we might decide to scale back on some of these projects in a disproportionate manner where we might fully exercise one option and greatly scale back others. Such determination will be determined by management at such time.

The use of proceeds also assumes that the holders of our Convertible Notes (which are exercisable for Series B Preferred Stock) elect to not convert their Convertible Notes and instead are repaid the entire principal plus accrued interest and bridge fees (calculated through August 15, 2025 with respect to amounts due under the Convertible Notes). In the event that the holders elect to convert any portion of the Convertible Notes, the additional unused proceeds are anticipated to used for general working capital.

The expected use of proceeds from this offering represents our intentions based upon our current plans and business conditions, which could change in the future as our plans and business conditions evolve and change. The amounts and timing of our actual expenditures, specifically with respect to working capital, may vary significantly depending on numerous factors. The precise amounts that we will devote to each of the foregoing items, and the timing of expenditures, will vary depending on numerous factors. As a result, our management will retain broad discretion over the allocation of the proceeds from this offering.

In the event we do not sell all of the shares being offered, we may seek additional financing from other sources in order to support the intended use of proceeds indicated above. If we secure additional equity funding, investors in this offering may be diluted. In all events, there can be no assurance that additional financing would be available to us when wanted or needed and, if available, on terms acceptable to us.

**DILUTION**

The Company sold to its founders, certain employees, and certain consultants an aggregate of 765,000 shares of common stock at a price per share of $0.001 in May of 2025. Notwithstanding, this offering for shares of Series B Preferred Stock is not convertible into shares of common stock. Further, the rights and preferences of the Series B Preferred Stock are different from the common stock in that the Series B Preferred Stock: (i) is entitled to a mandatory quarterly Dividend of 7.5%, (ii) receives a liquidation preference on any dissolution or acquisition of the Company whereby the holders would receive 90% of the net proceeds available to shareholders, and (iii) participates in a revenue sharing arrangement equal to 66.7% of the revenues generated from the variable rate usage fees and consulting based fees, excluding fixed rental payments for land leases and / or equipment rentals / leases. Accordingly, the Company has determined that dilution to existing common stockholders would not be readily determinable.

In addition, the Company has $318,544 in outstanding Convertible Notes that are convertible into shares of Series B Preferred Stock. These Convertible Notes were issued between February and August of 2025 and accrue interest at eight percent (8%) per annum and have an exit / bridge fee of 30% of the principal amount payable at maturity or applied to any conversion into Series B Preferred Stock. Accordingly, assuming the Convertible Note holders convert their Convertible Notes on August 15, 2025, such holders would receive approximately 42,000 shares of Series B Preferred Stock.

**Future Dilution**

Dilution may result from future actions by our Company, and specifically from any increase in the number of shares of the Company's Series B Preferred Stock outstanding resulting from a stock offering (such as a public offering, a crowdfunding round, a venture capital round or an angel investment.

**PLAN OF DISTRIBUTION**

This Offering Circular is part of an Offering Statement that we filed with the SEC, using a continuous offering process. Periodically, as we have material developments, we will provide an Offering Circular supplement that may add, update or change information contained in this Offering Circular. Any statement that we make in this Offering Circular will be modified or superseded by any inconsistent statement made by us in a subsequent Offering Circular supplement. The Offering Statement we filed with the SEC includes exhibits that provide more detailed descriptions of the matters discussed in this Offering Circular. You should read this Offering Circular and the related exhibits filed with the SEC and any Offering Circular supplement, together with additional information contained in our annual reports, semi-annual reports and other reports and information statements that we will file periodically with the SEC. See the section entitled "Additional Information" below for more details.

**Exchange Listing**

As of the date of this Offering Circular, there is no trading market for any of our securities, and we cannot assure you that a trading market will develop. We have not applied to list our securities on any national securities exchange.

**Pricing of the Offering**

Prior to this offering, there has been no public market for the Series B Preferred Stock. The initial public offering price was determined by us. The principal factors considered in determining the initial public offering price include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the information set forth in this Offering Circular and otherwise available;

· our prospects and the history of and prospects for the industry in which we compete;

· our anticipated financial performance;

· our prospects for future earnings and the present state of our development;

· the general condition of the securities markets at the time of this offering; and

· other factors deemed relevant by us.

**Offering Period and Expiration Date**

This offering will start on or after the qualification date and will terminate on the earlier of (a) twelve (12) months from the date this Offering Circular is qualified for sale by the SEC (which date may be extended for an additional 90 days in our sole discretion); (b) the date when all Offered Shares have been sold; or (c) the date on which this offering is earlier terminated by us, in our sole discretion.

The Company may extend this offering for an additional time period unless the offering is completed or otherwise terminated by us, or unless we are required to terminate by application of Regulation A of the JOBS Act. Funds received from Investors will be counted towards the offering only if the form of payment, such as a check or wire transfer, clears the banking system and represents immediately available funds held by us prior to the termination of the subscription period, or prior to the termination of the extended subscription period if extended by the Company.

**Incentive Shares**

Certain investors in this offering are eligible to receive Incentive Shares in addition to the Offered Shares subscribed for as part of the offering, effectively discounting the price per share offered. To qualify for the receipt of Incentive Shares, an Investor is required to purchase at least $100,000 of Offered Shares, referred to as the Incentive Threshold. Upon meeting the Incentive Threshold, such applicable investor will receive, as part of their investment, such number of additional shares of Series B Preferred Stock equal to ten percent (10.0%) of the Offered Shares purchased by such Investor. Incentive Shares will be granted at the applicable closing only upon such Investor meeting the Incentive Threshold for such closing and such investment will not aggregate with purchases of Offered Shares in any other closing.

**Broker Dealers**

The Company will not initially sell the Shares through commissioned broker-dealers, but may do so after the commencement of the Offering. Any such arrangement will add to our expenses in connection with the Offering. If we engage one or more commissioned sales agents or underwriters, we will supplement this Form 1-A to describe the arrangement.

**Subscription Procedures**

If you decide to subscribe for our Offered Shares in this offering, you should review your subscription agreement. A copy of the form of subscription agreement is attached to this Offering Circular as Exhibit 4.1. Completed and signed subscription documents shall be either mailed directly to the Company at GroEstate Inc., 30 N Gould St, Suite R, Sheridan, WY 82801, or sent via electronic correspondence at: <u>investor@gro.estate.</u> Since there is no minimum amount to complete a closing under this offering, the Company may immediately deposit the proceeds from accepted subscription agreements into the Company's bank account, and subject to the requirement to escrow 7.5% of subscriptions for future cash Dividends, the Company may use such proceeds in accordance with the Use of Proceeds.

You shall deliver funds by either check, ACH deposit or wire transfer, pursuant to the instructions set forth in the subscription agreement. Upon confirmation that a subscriber's funds have cleared, the Offered Shares will be sent to the subscriber within 48 hours of the applicable closing electronically.

Any potential investor will have ample time to review the subscription agreement, along with their counsel, prior to making any final investment decision. We shall only deliver such subscription agreement upon request after a potential investor has had ample opportunity to review this Offering Circular.

If you subscribe for our Offered Shares, you will also be part of a revenue sharing agreement entitling the Series B Preferred Stock holders the right to receive 66.7% of the revenues generated from the variable rate usage fees and consulting based fees, excluding fixed rental payments for land leases and / or equipment rentals / leases ("Participation Right"). The Participation Right is based on payments actually received by the Company. Such Participation Right will be paid out quarterly on the same dates as the quarterly Dividends See "Revenue Sharing Right" under the section entitled "Description of Securities" below.

**Acceptance of Subscriptions**

Upon our receipt of a subscription agreement and payment, we will countersign the subscription agreement and issue the shares of Series B Preferred Stock subscribed for at the applicable closing. Once you submit the subscription agreement, you may not revoke or change your subscription or request your subscription funds. All accepted subscription agreements are irrevocable and the Company will not return any funds to subscribers regardless of the volume of sales in any applicable closing.

Investors must further comply with the "Investor Suitability Standards" set forth below.

**Investor Suitability Standards**

As a Tier 2 Regulation A offering, investors must comply with the 10% limitation to investment in the offering, as prescribed in Rule 251. Under Rule 251 of Regulation A, non-accredited, non-natural investors are subject to the investment limitation and may only invest funds which do not exceed 10% of the greater of the purchaser's revenue or net assets (as of the purchaser's most recent fiscal year end). A non-accredited, natural person may only invest funds which do not exceed 10% of the greater of the purchaser's annual income or net worth (please see below on how to calculate your net worth).

NOTE: For the purposes of calculation, "Net Worth" is defined as the difference between total assets and total liabilities. This calculation must exclude the value of your primary residence and may exclude any indebtedness secured by your primary residence (up to an amount equal to the value of your primary residence). In the case of fiduciary accounts, net worth and/or income suitability requirements may be satisfied by the beneficiary of the account or by the fiduciary, if the donor or grantor is the fiduciary and the fiduciary directly or indirectly provides funds for the purchase of the Offered Shares.

In order to purchase Offered Shares and prior to the acceptance of any funds from an Investor, an Investor will be required to represent, to the Company's satisfaction, that it is either an accredited investor or is in compliance with the ten percent (10%) of net worth or annual income limitation on investment in this offering. We urge all investors to review Rule 251 of Regulation A to ensure compliance.

The only investor in this offering exempt from this limitation is an accredited investor, an "Accredited Investor," as defined under Rule 501 of Regulation D. If you meet one of the following tests you qualify as an Accredited Investor:

(i) You are a natural person who has had individual income in excess of $200,000 in each of the two most recent years, or joint income with your spouse in excess of $300,000 in each of these years, and have a reasonable expectation of reaching the same income level in the current year;

(ii) You are a natural person and your individual net worth, or joint net worth with your spouse, exceeds $1,000,000 at the time you purchase the Shares (please see below on how to calculate your net worth);

(iii) You are an executive officer or general partner of the issuer or a management team or executive officer of the general partner of the issuer;

(iv) You are an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, the Code, a corporation, a Massachusetts or similar business trust or a partnership, not formed for the specific purpose of acquiring the Shares, with total assets in excess of $5,000,000;

(v) You are a bank or a savings and loan association or other institution as defined in the Securities Act, a broker or dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended, the Exchange Act, an insurance company as defined by the Securities Act, an investment company registered under the Investment Company Act of 1940, as amended, the Investment Company Act, or a business development company as defined in that act, any Small Business Investment Company licensed by the Small Business Investment Act of 1958 or a private business development company as defined in the Investment Advisers Act of 1940;

(vi) You are an entity (including an Individual Retirement Account trust) in which each equity owner is an accredited investor;

(vii) You are a trust with total assets in excess of $5,000,000, your purchase of the Shares is directed by a person who either alone or with his purchaser representative(s) (as defined in Regulation D promulgated under the Securities Act) has such knowledge and experience in financial and business matters that he is capable of evaluating the merits and risks of the prospective investment, and you were not formed for the specific purpose of investing in the Shares; or

(viii) You are a plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees, if such plan has assets in excess of $5,000,000.

**Selling Security holders**

There are no selling security holders in this Offering.

**Blue Sky Law Considerations**

The holders of our shares of Series B Preferred Stock should be aware that there may be significant state law restrictions upon the ability of investors to resell our securities. Accordingly, investors should consider any secondary market for the Company's securities to be a limited one.

**MANAGEMENT'S DISCUSSION AND ANALYSIS OF**

**FINANCIAL CONDITION AND RESULTS OF OPERATIONS**

*You should read the following discussion and analysis of our financial condition and results of our operations together with our consolidated financial statements and the notes thereto appearing elsewhere in this Offering Circular. This discussion contains forward-looking statements reflecting our current expectations, whose actual outcomes involve risks and uncertainties. Actual results and the timing of events may differ materially from those stated in or implied by these forward-looking statements due to a number of factors, including those discussed in the sections entitled "[Risk Factors](#a_004)", "[Cautionary Statement Regarding Forward-Looking Statements](#a_001)" and elsewhere in this Offering Circular. Please see the notes to our Financial Statements for information about our Critical Accounting Policies and Recently Issued Accounting Pronouncements.*

**Overview**

GroEstate Inc. (the "Company", "GroEstate", "we" and "us") was incorporated under the laws of the State of Wyoming on January 30, 2025. Our management team and advisors have experience in land development and agricultural technology, including but not limited to advanced water purification systems, specialized lighting, and growing techniques for high-yield, small-footprint cultivation as well as experience in equipment leasing, and real estate management for farming facilities. We are an agriculture property and equipment focused company that intends to generate recurring revenues by (i) acquiring, developing and leasing specialized farming facilities to independent operators under long-term lease and revenue-sharing arrangements, (ii) acquiring and leasing agricultural equipment to such farming facilities, (iii) providing loans to farm operators, and (iv) providing certain consulting services related to land development, agricultural equipment, and farming techniques. We plan to acquire land, assist in development of such land, and lease land and equipment to farm operators in the North American market. We additionally plan on entering into joint development agreements with farm operators in order provide such operators with access to capital and consulting services with respect to land development, equipment use, and farming capabilities and analysis.

We are not directly involved in farming operations and do not plan on being involved in any farming operations.

**Plan of Operation for the Next Twelve Months**

We believe that the proceeds of this Offering will satisfy our cash requirements for the next twelve months in the event that we sell the maximum Offered Shares. However, in the event that we sell 50% of the Offered Shares or less, we believe we will still be able to satisfy our cash requirements for the next 12 months but will be required to scale back some of plans. We would reduce the number of community Gardens that we plan to open and would probably not exercise the full amount of our options for the two other properties. In the event we are able to raise at least 75% of the Offered Shares, we will likely attempt to expand our operations, which may include but not be limited to retaining additional employees and consultants, purchasing more properties and equipment, and increasing our marketing efforts.

**General and Administrative**. We currently have six (6) service providers, consisting of two (2) full-time consultants that serve as our CEO and COO, and two (2) full-time employees and two (2) part-time employees. We also retain a limited number of consultants for specific services, including accounting and legal. We intend to use the proceeds of this offering to potentially expand our work force. For the first 12 months after this offering we expect to incur other costs, including but not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Accounting, including audit, accounting,
and tax compliance-related costs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Filing and transfer agent costs
if we decide to retain a transfer agent for the tracking of Series B Preferred Stock holders; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Investor relations and news dissemination,
including maintaining an online presence and disseminating news releases.

**Goods and Equipment.** We intend to use the proceeds of this offering to make substantial investments in the agricultural properties and agricultural equipment that we intend to lease for use to operators. We anticipate that revenues will be generated directly from the operators of our land, greenhouses, and growing equipment. It will come from both fixed rent paid by the operators and a usage fee charged for the use of the equipment provided. It is anticipated that as our operators grow their sales, the usage fees will also increase. As the operators are all currently operating the properties that we plan to purchase and have long term leases on the properties, the company expects minimal marketing with the exception of the marketing for this offering. We intend to work closely with the individual operators to expand the facilities along with implementing a number of the techniques to increase the ability of such operators to efficiently grow their products. These would include specialized growing equipment including but not limited to lighting and water purification technologies. In addition, we plan to make substantial investments within our Community Gardens project where we are providing grow operations direct to the inner city through specialized growing equipment built directly into shipping containers. See the heading "Community Gardens Project" in the Section entitled "Business" below. The community gardens will help eliminate food deserts while expecting to generate substantial profits as it is selling direct to the community eliminating both the distributors and the retailers. This allows the growers to keep all of the retail price as opposed to traditional farmers who keep approximately $0.05 to $0.10 for every dollar of produce sold at retail locations.

**Marketing and sales.** We anticipate very low marketing and sales costs as we have existing operators for all of our facilities. We anticipate that the operators might have marketing costs to assure that their products are being sold, but the marketing costs to Gro should be minimal.

**Cost of revenue.** The Company expects to have minimal cost of revenues as the revenues will be derived directly from the equipment and land provided to its operators and thus cost of revenues should be nominal. The insurance and maintenance of the equipment such as the greenhouses will be the responsibility of the operators and thus not be a cost for Gro.

**Research and development.** We expect to have minimal research and development costs. It will rely on its management team and advisors to assist with the sourcing and evaluation of the newest growing technologies.

**General and administrative.** The majority of our general and administrative expenses will consist of salaries, and bonuses for certain of our executives, board members and advisory board members. In addition, general and administrative expenses include legal, financial and corporate communication services. The Company expects to incur substantial expenses in marketing the current Offering. Further, the company expects to incur significant general and administrative expenses in the following areas:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Accounting, including audit, accounting, and tax compliance-related costs;

· Filing and transfer agent costs if the company decides that it is advantageous to use a transfer agent of other method for tracking its Preferred Shareholders;

· Investor relations and news dissemination, including maintaining and updating a planned website and disseminating news releases; and

· Management fees, including executive officer salaries.

---

| | |
|:---|:---|
|  | **June 30,**<br>**2025** |
| Cash | $37969 |
| Amber Cloud Investments | 132000 |
| **TOTAL ASSETS** | $169969 |
| **LIABILITIES AND STOCKHOLDERS' DEFICIT** |  |
| Accounts payable and accrued liabilities | $67500 |
| Convertible notes payable, short-term including accrued interest | 282716 |
| **Total Liabilities** | 350216 |
| **Stockholders' Deficit:** |  |
| Total Stockholders' Deficit | (180247) |
| **TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT** | $169969 |

---

As of June 30, 2025, we had current assets of $37,969, current liabilities of $350,216, working capital deficit of $312,247 and an accumulated deficit of $180,247.

As of June 30, 2025 the company had $37,969 in cash and cash equivalents**.** 

As of June 30, 2025 the company had invested $132,000 as part of an option agreement. The Company entered into an option agreement granting the right, but not the obligation, to purchase 100% of the outstanding equity of The Amber Cloud Company, LLC ("Amber NV"), a Nevada limited liability company, for an aggregate purchase price of $10,000,000. Amber NV owns Jones Farms, a hemp-growing operation located in Oklahoma, consisting of (i) 7 acres of property with two fully updated 2,700 square foot greenhouses and (ii) seven additional 2,700 square foot greenhouses currently under modernization, along with irrigation and growing equipment. The property has the capacity to accommodate up to 18 additional greenhouses. The option may be exercised in parts and expires on December 31, 2026.

As of June 30, 2025 the company owed to management and other consulting vendors $67,500.

As of June 30, 2025 the company entered into several short convertible notes payable which totalled $282,716 including accrued interest. The Company entered into four convertible note agreements bearing an interest rate of 8% with 4 private investors with a 12-month term. The Notes ranked senior to all other obligations and carried a 30% bridge fee on top of its face value. The Notes have a default rate of 18%. The Notes convert into shares of Series B Preferred Stock at a conversion price equal to the price the shares of Series B Preferred Stock are sold in the Company's Regulation A Offering. The four notes principal balance totaled $225,000 and accrued interest of $3,260 as of June 30, 2025. There was an additional one-time bridge fee totaling $67,500 which will be due along with the principal and interest at maturity.

**RESULTS OF OPERATIONS** 

***For the period from Inception (January 30, 2025) through June 30, 2025.***

The following table sets forth information comparing the components of net loss for the period from inception (January 30, 2025) through June 30, 2025:

---

| | |
|:---|:---|
|  | **For the period from Inception through June 30,**<br>**2025** |
| **Revenues, net** | $– |
| &nbsp;&nbsp;&nbsp;Cost of revenues | – |
| **Gross profit** | – |
| **Operating expenses:** |  |
| &nbsp;&nbsp;&nbsp;General and administrative | 4411 |
| &nbsp;&nbsp;&nbsp;Professional fees | 108885 |
| &nbsp;&nbsp;&nbsp;Finance Costs | 64500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total operating expenses | 177796 |
| Operating loss | (177796) |
| **Other income (expenses):** |  |
| &nbsp;&nbsp;&nbsp;Interest expense | (3216) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total other income / (expense) | (3216) |
| Loss before income taxes | (181012) |
| Income tax expense |  |
| **Net loss** | $(181012) |
| **Net loss per common share:Basic and Diluted** | $(1.083) |
| **Outstanding:Basic and Diluted** | 167185 |

---

During the period January 30, 2025 through June 30, 2025, there were zero revenues and related costs of sales and as a result zero gross profit.

Operating expenses were $177,796 for ther period January 30, 2025 through June 30, 2025. The majority of these costs are related to professional fees for consultants and management. The remaining costs relate to finance costs associated with the four convertible notes as of June 30m 2025 in the amount of $67,500.

Loss from operations was $177,796 for the period January 30, 2025 through June 30, 2025

Other (expenses) was ($3,216) for the period January 30, 2025 through June 30, 2025 which are attributable to interest expense.

Net loss for the period January 30, 2025 through June 30, 2025 was $181,012 which was mostly attributable to professional fees expense and finance costs.

**LIQUIDITY AND CAPITAL RESOURCES**

The following table summarizes the cash flows for the year ended June 30, 2025

---

| | |
|:---|:---|
|  | **June 30, 2025** |
| **Cash Flows:** |  |
| Net cash used in operating activities | $(45031) |
| Net cash used in investing activities | (132000) |
| Net cash provided by financing activities | 225000 |
| **Net increase in cash** | 37969 |
| Cash at beginning of period | – |
| **Cash at end of period** | $37969 |

---

***Net Cash used in Operating Activities for the period from Inception (January 30, 2025) through June 30, 2025***

Net cash used by operating activities was $45,031.

***Net cash used in Investing Activities for the period from Inception (January 30, 2025) through June 30, 2025***

We spent $132,000 in investing activities pursuant to our option to purchase the Jones Farm land and equipment from Amber Cloud Company, LLC. The total purchase price is $10 million, and thus we now own 1.32% of the property and our cost to purchase the remaining amount is 9,868,000.

***Net cash provided by Financing Activities for the period from Inception (January 30, 2025) through June 30, 2025***

The Company had $225,000 net cash provided by financing activities. The cash provided from financing activities is largely attributable to the proceeds from convertible notes payable.

We presently have limited and expensive available credit, and do not have bank financing or other external sources of liquidity. We will need to obtain additional capital in order to expand operations and become profitable. In order to obtain capital, we may need to sell additional shares of our common stock or borrow funds from private lenders. There can be no assurance that we will be successful in obtaining additional funding. We will still need additional capital in order to continue operations until we are able to achieve positive operating cash flow. Additional capital is being sought, but we cannot guarantee that we will be able to obtain such investments. Financing transactions may include the issuance of equity or debt securities, obtaining credit facilities, or other financing mechanisms. However, even if we are able to raise the funds required, it is possible that we could incur unexpected costs and expenses, fail to collect significant amounts owed to us, or experience unexpected cash requirements that would force us to seek alternative financing. Furthermore, if we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock. If additional financing is not available or is not available on acceptable terms, we will have to curtail our operations.

**OFF-BALANCE SHEET ARRANGEMENTS**

We do not have any off-balance sheet arrangements that are reasonably likely to have a current or future effect on our financial condition, revenues, results of operations, liquidity, or capital expenditures.

**Recent Financing Transactions**

*<u>Convertible Promissory Notes</u>*

Between February and June of 2025, we sold investors an aggregate of $225,000 in convertible notes ("Prior Notes"), which were subsequently exchanged for new convertible notes on July 25, 2025 (the "Exchange Notes"). Additionally, between July and August 2025, we sold an additional $92,544 in convertible notes (with the Exchange Notes, the "Convertible Notes"). The Convertible Notes (i) mature one (1) year from the initial issuance date of the Prior Note or Convertible Note, as applicable, (ii) accrue interest at eight percent (8%) per annum, (iii) contain a bridge / exit fee of 30% of the principal amount of such Note payable at maturity or included in conversion, and (iv) are convertible into Series B Preferred Stock at a price per share of $10.00.

The principal balance of the Convertible Notes totaled $318,544 in principal and accrued interest of $5,759.22 as of August 15, 2025. The one-time bridge fee is equal to $95,263.20 with respect to all Convertible Notes, which will be due along with the principal and interest at maturity or included in the total to be converted at the election of the holders.

**Quantitative and Qualitative Disclosures about Market Risk**

In the ordinary course of our business, we are not exposed to market risk of the sort that may arise from changes in interest rates or foreign currency exchange rates, or that may otherwise arise from transactions in derivatives.

The preparation of financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company's significant estimates and assumptions include the fair value of the Company's common stock, stock-based compensation, the recoverability and useful lives of long-lived assets, and the valuation allowance relating to the Company's deferred tax assets.

**Contingencies**

Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company, but which will only be resolved when one or more future events occur or fail to occur. The Company's management, in consultation with its legal counsel as appropriate, assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company, in consultation with legal counsel, evaluates the perceived merits of any legal proceedings or unasserted claims, as well as the perceived merits of the amount of relief sought or expected to be sought therein. If the assessment of a contingency indicates it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company's financial statements. If the assessment indicates a potentially material loss contingency is not probable, but is reasonably possible, or is probable, but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed.

**BUSINESS**

**<u>Overview</u>**

GroEstate Inc. (the "Company", "GroEstate", "we" and "us") was incorporated under the laws of the State of Wyoming on January 30, 2025. Our management team and advisors have experience in land development and agricultural technology, including but not limited to advanced water purification systems, specialized lighting, and growing techniques for high-yield, small-footprint cultivation as well as experience in equipment leasing, and real estate management for farming facilities. We are an agriculture property and equipment focused company that intends to generate recurring revenues by (i) acquiring, developing and leasing specialized farming facilities to independent operators under long-term lease and revenue-sharing arrangements, (ii) acquiring and leasing agricultural equipment to such farming facilities, (iii) providing loans to farm operators, and (iv) providing certain consulting services related to land development, agricultural equipment, and farming techniques. We plan to acquire land, assist in development of such land, and lease land and equipment to farm operators in the North American market. We additionally plan on entering into joint development agreements with farm operators in order provide such operators with access to capital and consulting services with respect to land development, equipment use, and farming capabilities and analysis.

Given our early stage of development and limited funds, we are initially focusing on two underserved market opportunities: (i) urban food production in areas affected by food deserts, and (ii) infrastructure financing for farms, which may include cannabis and hemp operators.

*<u>Urban Food Production and Food Deserts</u>*

Many U.S. inner cities lack affordable access to fresh produce, a problem commonly referred to as "food deserts" defined by the U.S. Department of Agriculture ("USDA") as a low-income geographic area where residents have limited access to healthy, affordable food, often because they are far from supermarkets and lack access to healthy food retailers According to the USDA's Food Access Research Atlas approximately 18.1 million Americans (6.1% of the population) lives in a food dessert. Through partnerships with community-based operators we intend to finance and expand shipping-container farms that grow and sell produce directly to consumers within these communities. By selling directly to consumers, these operators are able to retain the full retail margin, while providing healthier food alternatives at reasonable prices. According to the USDA, the typical small-scale farmer sells to a distributor that then supplies a retailer and thus receives approximately $0.05 to $0.10 of every dollar spent at retail. In addition, Medicare and Medicaid have both recently authorized "Food Prescriptions" in which the purchase of healthy food such as produce will be reimbursed to the recipient by both Medicare and Medicaid.

We expect to earn revenues from fixed rent, revenue-sharing, and equipment usage fees tied to these urban facilities.

*<u>Agricultural Infrastructure Financing<br></u>*

<br> Many farming operations lack sufficient capital to expand and frequently lack access to traditional bank financing for land, greenhouses, and equipment. This is particularly true in licensed hemp and marijuana growers in the United States and Canada. We seek to assist these farming operations by acquiring such facilities for cash and leasing them back to operators under long-term agreements. This provides growers with upfront capital to expand their operations, while providing us with fixed rental income and additional fees tied to equipment usage. We would additionally assist these farms by providing them with necessary equipment tailored to their farming operations under leases and through consulting services with respect to the development of their land, and agricultural techniques.

**Growth Strategy**

Our growth strategy centers on acquiring and leasing agricultural facilities that will be leased back to operators. We intend to grow through the following:

&nbsp;&nbsp;&nbsp;&nbsp;· *Identification of Facilities*. Our management team researches and finds existing agricultural facilities
in the U.S. and Canada with growth potential and a need for capital, equipment or consulting services.

&nbsp;&nbsp;&nbsp;&nbsp;· *Option Agreements*. We then plan to negotiate and enter into option agreements to either (i) secure
rights to acquire such farmland, greenhouses, and related equipment (or the entities owning them), while simultaneously arranging leaseback
commitments with the existing operators, (ii) provide equipment leasing to farming operators, or (iii) provide consulting services with
respect to further development of the farmland, equipment needs and uses, and farming techniques, such as irrigation and grow lighting.
We have two option agreements already executed and plan future growth through additional options.

Our revenues are expected to be derived from (i) fixed monthly rent, providing predictable cash flow, (ii) variable usage fees and revenue-sharing arrangements, which may increase as operator output expands and (iii) consulting services.

**Current Agreements**

As of the date of this Offering Circular, we have executed two (2) option agreement and one (1) partially binding term sheet. We are currently negotiating three (3) additional projects that we have not entered into binding agreements for as of the date hereof.

 

*<u>Community Gardens Project</u>*

 

On August 21, 2025, we entered into a partially binding term sheet with Green Blue Marketplace, LLC ("GBM") for the development of up to 20 community gardens projects throughout the United States. GBM has created a community garden grow facility and marketplace within inner-city Raleigh North Carolina as an initial proving ground of growing high quality vegetables and selling direct within the city and helping to solve issues of Food Deserts. The growing facilities are all located within shipping containers and utilize specialized lighting and proprietary water purification systems to grow directly where the consumers are located. As the typical farmer usually receives under 10% of the retail price of vegetables and shipping usually costs 60-70%, by locating the farm directly at the consumer, GBM can keep the entire retail price of the food and thus generate large profits while providing fully organic produce to the inner city at reasonable prices. In addition, GBM has created the ability to offer food prescriptions to those in the community on Medicare, Medicaid and Food Stamps such that fresh vegetables are free to such consumers.

Pursuant to the term sheet, we have a binding 180 day exclusivity period whereby we and GBM agree to negotiate in good faith to executive definitive agreements (an option agreement) subject to the following terms:

**Equipment Leasing** - We will provide each project with a 10-year master equipment lease an initial principal amount of up to $1,000,000 per project. The annual base rent for the equipment under the master equipment lease will be equal to 10% of the capital cost of the equipment, paid monthly.

**Financing** – We will provide each project with a 10-yer credit facility to cover build-outs and operational costs, estimated to not exceed $200,000 per project. The loan will accrue interest at 10% per annum and will be payable quarterly.

**Consulting Services** – We will provide certain consulting services to each project for 10% of gross revenues generated by each project as a consulting fee.

In addition, GMB has the right to buyout of any equipment lease, and credit facility by issuing us preferred stock of GBM, in an amount equal to 120% of our total invested capital.

As of the date hereof, we have not entered into a definitive agreement with GBM. We anticipate that provided we raise at least $18.75 million in the offering, subject, to the completion of definitive documentation, we would have capital sufficient to jointly develop four (4) projects with GBM.

*<u>Cremona Farms (Alberta, Canada)</u>*

 

On August 21, 2025, we entered into an option agreement with Saxon Investments Inc. Cremona Farms has 160 acres of land with a 60,000 sq feet indoor, climate controlled grow facility for growing marijuana for both medicinal and recreational purposes. It is fully licensed by the Province of Alberta and Health Canada for growing marijuana and has long term off-take agreements with both processors and wholesalers for it harvests. ] The facility is capable of producing 6,000 Kg of flower per year, depending on the strains ordered by customers

Per the option agreement, we have an option to 49% ownership in Formosa Mountain, Ltd., the entity that owns the land and the equipment for $8.9 million. We have until August 31, 2026 to exercise any part of this option. If the entire option is exercised and we purchase the land, we would receive $54,000 in monthly rent from the operator, 2323414 Alberta Ltd, a subsidiary company of CannaPharmaRX, Inc. who is also the guarantor and indemnifier of the lease. In addition, we would expect to receive approximately $61,250 in monthly usage fees for the equipment and the expertise provided to the operator by us. As we expect the revenues to increase at Cremona, we expect the usage fee to increase commensurately.

In addition to the option agreement to purchase 49% of the land and equipment, we also have an option to lend the operator $3 million to further expand its facilities. The Note has a term of one (1) year from the date that Gro invests the capital and carries an annual interest rate of 15% paid monthly in arrears. By investing this additional $3 million into the operator, we believe that it will allow the operator to greatly accelerate growth of its business and thus increase the payments to us through the variable payments section of the operating lease.

 

As of the date hereof, we have not exercised the option agreement to purchase the land, facilities, and equipment for Cremona Farms. We anticipate that we would exercise the entire option in the event that we are able to raise at least $37.5 million in the offering.

 

*<u>Jones Farms Project (Oklahoma)</u>*

 

On February 1, 2025, we entered into an option agreement, granting us the right, but not the obligation to purchase, for an aggregate of $10 million, The Amber Cloud Company, LLC, a Nevada entity owning (i) 7 acres of property that contains 2 fully updated, 2,700 sq ft greenhouses and (ii) 7 additional, 2,700 sq ft greenhouses that are currently being modernized by the current owners along with irrigation and growing equipment. The property, known as Jones Farms Project, has enough space to add up to an additional 18 greenhouses. The option can be exercised in parts and as of August 15, 2025, we have already purchased 1.82% of the total outstanding equity of Amber Cloud for $182,000. The option expires on December 31, 2026. Jones Farms is located in Oklahoma and grows hemp. Jones Farms is owned by The Amber Cloud Company, LLC, a Nevada limited liability company and is subject to a 20-year lease that expires on April 30, 2045. The lease requires that the operator pay $6,250 per month per operating greenhouse, subject to certain increases and additionally $400 for lighting equipment per production/harvest cycle.

Pursuant to a side agreement entered into between us and The Amber Cloud Company, we are entitled to receive such amount of revenue under the lease equal to the percentage of ownership we have in the Amber Cloud Company.

The property is run by an independent operator and it has an off-take agreement with a major processor to extract the CBD and THC oils from the hemp.

In 2024 with two active greenhouses, Jones Farms generated $1 million in sales of its hemp through an off-take agreement with a major processor. We anticipate that it will grow its business substantially when and if the 7 additional greenhouses' modernization process is completed. Assuming we are able to exercise the remainder of the option, and that all 7 additional greenhouses are finished, then under the 20-year lease agreement with the operators, we would receive a monthly rent for the property and greenhouses of $60,750 per month ($6,750 per greenhouse), plus additional fees for usage of the lights. In addition to providing Jones with our consulting expertise on marketing and grow technologies such as water purification and installing all of the needed state-of-the art grow lamps, we would receive an additional fee from the usage of its equipment. This fee is based on the amount that the equipment is used but is projected to be an additional $162,000 per month ($200 per light per month – there are 90 lights per greenhouse).

As of the date hereof, we have partially exercised our option with Jones Farms, and as of August 15, 2025, own approximately 1.82% of the outstanding securities of the entity owning the farm. We anticipate that we would exercise the entire option in the event that we are able to raise at least $36.5 million in the offering.

**Option Agreements and Term Sheets Currently Under Negotiation**

We are currently in negotiations with three additional agricultural properties. While management intends to negotiate and enter into binding definitive agreements, there can be no assurances that such agreements are entered into, or available on terms satisfactory to us. We anticipate that such additional investments will be made only after we reach 50% of the total proceeds from this Offering. :

 

**Competition**

There are numerous companies that provide financing and leasing of land and equipment to farming operations. Notwithstanding, our initial focus is on the acquisition and leasing of urban food production facilities and the specialized financing of marijuana and hemp operations and we are not aware of any companies that specialize on these types of facilities. We believe our initial focus on marijuana and hemp infrastructure financing and urban food desert solutions provides us with a distinct niche to begin growth within the agricultural industry. However, there can be no assurance that our competitors will not expand into these segments. If they do, they will likely have significant advantages over us, including greater resources, larger operational teams, and established track records.

*Potential Competitors*

Gladstone Land Co. (Nasdaq: LAND) is a publicly traded real estate investment trust (REIT) that acquires farmland across the United States and leases it to farmers, often through long-term sale-leaseback transactions. Gladstone has significantly greater resources than we do and currently owns more than 150 farms nationwide.

Innovative Industrial Properties (NYSE: IIPR) is a publicly traded REIT that acquires, owns and manages specialized real estate leased to licensed cannabis operators. They manage more than 100 properties across 19 states comprising more than 8.5 million square feet of land / facilities.

Other competitors include agricultural investment firms such as Equilibrium, Contain Inc., and Farmland LP, each of which provides capital solutions, leasing structures, or direct ownership of farmland and controlled-environment agriculture facilities. These companies are larger and better resourced than we are, with access to capital and established relationships across the agricultural sector.

In addition to direct competitors, we face indirect competition from capital providers such as traditional banks, and private equity funds. Private investment funds and specialty lenders are also active in financing agricultural and cannabis operations, and they may offer competing financing structures to the same operators we target. Although these entities may not focus on our exact business model, they compete with us for operator relationships by offering capital and lease alternatives.

**Government Regulations**

Our business model anticipates that we will own, manage, acquire, and develop farming properties in compliance with the laws and regulations of the United States and Canada, as well as state and local laws and regulations in the jurisdictions where our properties are located, which may differ among jurisdictions. Developments related to public health emergencies, including laws and regulations implemented by federal governmental authorities or state and local governmental authorities in jurisdictions where our properties are located in response to such public health emergencies, may impact our ability to operate our business, or those of our tenants, in the ordinary course, which may materially affect our revenues if and when we acquire and lease properties.

Additionally, as an owner of real estate, we will be subject to various federal, state, and local environmental laws, regulations, and ordinances and also could be liable to third parties resulting from environmental contamination or noncompliance at our properties. Environmental laws often impose liability without regard to whether the owner or operator knew of or was responsible for the presence of the contaminants, and the costs of any required investigation or cleanup of these substances could be substantial. The liability is generally not limited under such laws and could exceed the property's value and the aggregate assets of the liable party. The presence of contamination or the failure to remediate contamination at our properties also may expose us to third-party liability for personal injury or property damage or adversely affect our ability to lease the real property or to borrow using the real estate as collateral.

These and other risks related to governmental regulation and environmental matters are described in more detail in the section of this Offering Circular entitled "Risk Factors".

**Market opportunity**

Currently, we have very limited resources. We will need to source capital in order to exercise our option agreements, and source new option agreements. In order to grow our operations, we will need to exercise such option agreements, and continue to find additional opportunities similar to our current agreements. If we fail to raise adequate funds, it will prevent us from exercising all of our current option agreement or from providing the capital needed to expand our search for additional suitable agricultural facilities to purchase.

**Seasonality**

Depending on the types of options we are able to enter into and the agricultural facilities we ultimately purchase and consulting services we ultimately provide, we may experience seasonality with respect to certain of the equipment we lease and revenues we receive. However, we believe that many of our early-stage target facilities will be greenhouses or shipping containers for inner cities that will likely not be affected by seasonality the way a traditional farming operation would.

**Employees**

As of August 15, 2025, we had two (2) full time consultants including our Chief Executive Officer (who also serves as our Chief Financial Officer), and our Chief Operating Officer. we also have two (2) full-time employee and two (2) part-time employees that provide services ranging from finance to agricultural analysis and leasing. Our employees are not represented by a union.

**Legal Proceedings**

We may from time to time be involved in various claims and legal proceedings of a nature we believe are normal and incidental to temporary employee staffing business. These matters may include product liability, intellectual property, employment, personal injury cause by our employees, and other general claims. We will accrue for contingent liabilities when it is probable that a liability has been incurred and the amount can be reasonably estimated. We are not presently a party to any legal proceedings that, in the opinion of our management, are likely to have a material adverse effect on our business. Regardless of outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources and other factors.

**Description of Our Property**

GroEstate's office is located at 30 N Gould St, Suite R, Sheridan WY 82801, Phone: 778-214-5075, Email: <u>investor@gro.estate.</u> At present our employee and consultants work virtually. We currently pay no money for office space. We maintain a website at http://www.gro.estate. We do not incorporate the information on or accessible through our website into this Offering Circular, and you should not consider any information on, or that can be accessed through, our website a part of this Offering Circular.

**MANAGEMENT**

The following table sets forth information regarding our executive officers, directors and significant employees, including their ages as of August 15, 2025:

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name** | **Age** | **Term of Office** | **Position** | **Approximate hours per week for part-time employees** |
| Domnic Colvin | 58 | 1/2025 – Current | Chief Executive Officer, Chief Financial Officer, President and Chairperson | Full Time |
| Dean Medwid | 57 | 1/2025 – Current | Chief Operating Officer, Director | Full Time |

---

The principal occupations for each of our current executive officers and directors are as follows:

***<u>Dominic Colvin</u>*** - Mr. Colvin is the Founder of GroEstate and since inception (January 2025), serves as its CEO, CFO, President, Treasurer, Secretary, and Chairman of the Board. He has been involved in agriculture and specifically cannabis since 2017. Mr. Colvin was a founder and from November 2016 through February, 2019, served as CEO of Great Northern Ventures Inc. (GNV), a private cannabis cultivation and wholesale company that supplied flower to Canadian based licensed producers. During his term with GNV, the company acquired two properties, one of which was developed into a 60,000 sq. ft. cultivation facility with its own co-gen plant, with growing production capacity of 12,500kg per year, and the other was sold to CannapharmaRx Inc. (OTC: CPMD), a Canadian publicly traded cannabis cultivation company trading on the OTC. Subsequent to the sale, Mr. Colvin was joined the board of CPMD and became its CEO, serving from 2018 through 2022. From 2022 through January 2025, Mr. Colvin served as CEO and director of PLC International Investments, Inc., a private equity company. Previously, since 1995, Mr. Colvin has held various senior management positions in both publicly listed and private electrical generating companies, whose primary focus being renewable power and waste to energy, including as a founder and Chief Operating Officer of Renewable Power & Light plc. Our Board believes Mr. Colvin's experience as an executive and operator in the farming and cannabis industry qualifies him to serve on the Board.

***<u>Dean Medwid</u>*** - Mr. Medwid has worked as a senior executive in operations for cannabis, technology, and operations for more than thirty years, in both public and private markets with a focus on scalable process engineering, brand development and strategic partnerships. He has been recognized with numerous business awards and accolades, including Profit 100's Top 100 in Canada, five years in a row while a co-founder and partner in Seattle's Best Coffee. Mr. Medwid has served as a founder and chief operating officer of GroEstate since May 2025. Previously, from April 2024 through April 2025, Mr. Medwid served an operating partner for Elevation Capital, a venture capital firm based in the Bahamas. Prior to that, from June 2023 through June 2024, he served as CEO of CannapharmaRx Inc.(OTC: CPMD), a Canadian publicly traded cannabis cultivation company, trading on the OTC. From March 2024 through May 2025, he served as CEO of New Leaf Ventures (CSEL NLV, OTC: NLVVVF), a publicly traded Canadian cannabis financing and applied management company that trades on the Canadian Stock Exchange and the OTC. Additionally, from June 2021 though May 2024, Mr. Medwid served as President and COO of High Profile Holdings Inc., a cannabis retailer in Canada, before it was acquired by New Leaf Ventures. From 2013 through June 2021, he also served as President and COO of Mindfield, a Canadian recruiter and employment outsourcing company in various hospitality sectors. Mr. Medwid has assisted companies in driving growth and expansion, creating internal processes related to budgets, technology standards and human resources. Mr. Medwid received a degree in paramedicine in from Southern Alberta Polytechnic University. He has also completed a 3 year entrepreneurial program at MIT and a 2 year leadership program at Emory University. Our Board believes Mr. Medwid's experience as an executive and operator in the farming and cannabis industry qualifies him to serve on the Board.

None of our executive officers and board directors has been involved in any of the following proceedings during the past ten (10) years:

1. any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;

2. any conviction in a criminal proceeding or being subject to a pending criminal proceedings (excluding traffic violations and other minor offenses);

3. being subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities; or

4. being found by a court of competent jurisdiction (in a civil action), the SEC or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended or vacated.

**Family Relationships**

There are no family relationships between any of our officers and directors.

**Involvement in Certain Legal Proceedings**.

None of the following events have occurred during the past five years and which are material to an evaluation of the ability or integrity of any director or executive officer: (1) A petition under the federal bankruptcy laws or any state insolvency law was filed by or against, or a receiver, fiscal agent or similar officer was appointed by a court for the business or property of such person, or any partnership in which he was general partner at or within two years before the time of such filing, or any corporation or business association of which he was an executive officer at or within two years before the time of such filing; or (2) Such person was convicted in a criminal proceeding (excluding traffic violations and other minor offenses).

**Board Composition**

Our Board of Directors currently consists of two members, Mr. Colvin and Mr. Medwid. Each director of the Company serves until the next annual meeting of stockholders and until his successor is elected and duly qualified, or until his earlier death, resignation or removal. Our board is authorized to appoint persons to the offices of Chairman of the Board of Directors, President, Chief Executive Officer, one or more vice presidents, a Treasurer or Chief Financial Officer and a Secretary and such other offices as may be determined by the Board.

We have no formal policy regarding Board diversity. In selecting board candidates, we seek individuals who will further the interests of our stockholders through an established record of professional accomplishment, the ability to contribute positively to our collaborative culture, knowledge of our business and understanding of our prospective markets.

**Board Leadership Structure and Risk Oversight**

The Board of Directors oversees our business and considers the risks associated with our business strategy and decisions. The Board currently implements its risk oversight function as a whole. Each of the Board's committees, when and if established, will also provide risk oversight in respect of its areas of concentration and reports material risks to the Board for further consideration.

**Code of Business Conduct and Ethics**

The Company has adopted a written code of business conduct and ethics that applies to our directors, officers and employees, including our principal executive officer, principal financial officer and principal accounting officer or controller, or persons performing similar functions. The code of business conduct and ethics is attached to this Offering Circular as Exhibit 99.1 and is posted on our website at: www.gro.estate.

**EXECUTIVE COMPENSATION**

The following table sets forth the cash compensation (including cash bonuses) paid or accrued, and equity awards granted, by the Company for the year ended June 30, 2025 to our named executive officers.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name** | **Capacities in which compensation was received** | **Cash Compensation ($)** | **Other Compensation ($)** | **Total Compensation ($)** |
| Dominic Colvin <sup>(1)</sup> | CEO, CFO | 15000 | -- | 15000 |
| Dean Medwid <sup>(2)</sup> | COO | -- | -- | -- |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Mr. Colvin has served as the Company's CEO and Chairman since its founding in January 2025. Mr. Colvin entered into a consulting agreement with the Company effective March 1, 2025. Of the compensation earned by Mr. Colvin, the Company has paid an aggregate of $11,280 and $3,720 is still owed to Mr. Colvin as of June 30, 2025. As of August 15, 2025, the Company owes Mr. Colvin an aggregate of 17,892 in unpaid wages.

(2) Mr. Medwid has served as the Company's Chief Operating Officer since May 20, 2025. Mr. Medwid entered into
a consulting agreement with the Company effective May 20, 2025. Mr. Medwid agreed to forego any salary until July 1, 2025. As of August
15, 2020, the Company owes Mr. Medwid an aggregate of $15,000 in unpaid wages.

**Director's Compensation**

We have not paid and currently will not pay cash compensation to any director for acting in such capacity. We anticipate implementing a director compensation policy or plan for non-employee directors subsequent to the completion of the offering. All compensation payable to Mr. Colvin and Mr. Medwid are currently contemplated in their capacities as officers of the Company.

**Employment Agreements**

*Dominic Colvin Consulting Agreement*

 

On March 1, 2025, the Company and Mr. Colvin (through PLC International Investments Inc., an entity controlled by Mr. Colvin) entered into a management consulting agreement (the "Colvin Agreement") for Mr. Colvin to serve as CEO and President. Pursuant to the Agreement, Mr. Colvin receives a base salary of $180,000 per year. The Colvin Agreement may be terminated by the Company on thirty (30) days notice.

On May 28, 2025, Mr. Colvin also purchased 300,000 shares of Common Stock on such date at a price per share of $0.001. Of the Shares purchased, 225,000 are subject to a repurchase option by the Company at $0.001 per share. On each one (1) year anniversary of the purchase date, an additional 75,000 shares will vest and no longer be subject to repurchase, provided MR. Colvin continues to be a service provider to the Company.

Mr. Colvin additionally entered into the Company's standard confidential information and invention assignment agreement.

*Dean Medwid Consulting Agreement*

On May 20, 2025, the Company and Mr. Medwid through 1082900 BC Ltd., an entity controlled by Mr. Medwid) entered into management consulting agreement (the "Medwid Agreement") for Mr. Medwid to serve as COO. Pursuant to the Agreement, Mr. Medwid receives a base salary of $180,000 per year. The Medwid Agreement may be terminated by the Company on thirty (30) days notice.

On May 28, 2025, Mr. Medwid purchased 300,000 shares of Common Stock on such date at a price per share of $0.001. Of the Shares purchased, 225,000 are subject to a repurchase option by the Company at $0.001 per share. On each one (1) year anniversary of the purchase date, an additional 75,000 shares will vest and no longer be subject to repurchase, provided Mr. Medwid continues to be a service provider to the Company.

Mr. Medwid additionally entered into the Company's standard confidential information and invention assignment.

**Stock Option Plan and other Employee Benefits Plans**

The Company does not maintain a Stock Option Plan or other Employee Benefit Plans.

**Overview of Compensation Program**

We currently do not maintain a Compensation Committee of the Board of Directors. Until a formal committee is established, our entire Board of Directors has responsibility for establishing, implementing and continually monitoring adherence with the Company's compensation philosophy.

**Role of Executive Officers in Compensation Decisions**

The Board of Directors makes all compensation decisions for, and approves recommendations regarding equity awards to, the executive officers and directors of the Company.

**CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS**

*Transactions*

&nbsp;&nbsp;&nbsp;&nbsp;1. On May 28, 2025, we sold our CEO, Domnic Colvin, 300,000 shares of common stock at a price
 per share of $0.001. Of the shares purchased, 225,000 are subject to a repurchase option by the Company at $0.001 per share. On each
 one (1) year anniversary of the purchase date, an additional 75,000 shares will vest and no longer be subject to repurchase, subject
 to Mr. Colvin continuing to be a service provider to the Company.

&nbsp;&nbsp;&nbsp;&nbsp;2. On May 28, 2025, we sold our COO, Dean
 Medwid, 300,000 shares of common stock at a price per share of $0.001. Of the shares purchased,
 225,000 are subject to a repurchase option by the Company at $0.001 per share. On each one
 (1) year anniversary of the purchase date, an additional 75,000 shares will vest and no longer
 be subject to repurchase, subject to Mr. Colvin continuing to be a service provider to the
 Company.

&nbsp;&nbsp;&nbsp;&nbsp;3. On June 1, 2025, we entered into an option
 purchase agreement, giving us the right to purchase from Ambercloud Development Corp., a
 Canadian company ("Amber Canada"), up to 100% of the outstanding equity securities
 of The Amber Cloud Company, LLC, a Nevada limited liability company ("Amber NV")
 that is wholly owned by Amber Canada. Amber NV is the owner of 100% of the property we refer
 to as Jones Farms in Oklahoma, which contains (i) 7 acres of property that contain 2 fully
 updated, 2,700 sq ft greenhouses and (ii) 7 additional, 2,700 sq ft greenhouses, along with
 certain equipment. Dominic Colvin, our CEO, previously established a trust called PLC Intl
 Foundation for the benefit of his children and grandchildren. Mr. Colvin is not the trustee
 of the trust, does not control the trust's assets, and all of his children are adults.
 Previously, on December 12, 2023, the trust loaned $400,000 to Amber Canada in the form of
 a promissory note, which is past due. The trustee of the trust has agreed on behalf of the
 trust to accept repayment under the note until such time as the option is exercised to purchase
 Amber NV by the Company, which may never occur.

**PRINCIPAL STOCKHOLDERS** 

The following table sets forth the beneficial ownership of our Common Stock as of August 15, 2025 by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· each shareholder known by us to beneficially own more than 5% of our outstanding Common Stock;

· each of our directors;

· each of our named executive officers; and

· all of our directors and executive officers as a group.

We have determined beneficial ownership in accordance with the rules of the SEC. These rules generally provide that a person is the beneficial owner of securities if such person has or shares the power to vote or direct the voting of securities, or to dispose or direct the disposition of securities. A security holder is also deemed to be, as of any date, the beneficial owner of all securities that such security holder has the right to acquire within 60 days after such date through (i) the exercise of any option or warrant, (ii) the conversion of a security, (iii) the power to revoke a trust, discretionary account or similar arrangement, or (iv) the automatic termination of a trust, discretionary account or similar arrangement. Except as disclosed in the footnotes to this table and subject to applicable community property laws, we believe that each person identified in the table has sole voting and investment power over all of the shares shown opposite such person's name.

**<u>Common Stock</u>**

Percentage ownership in the following table is based on 765,000 shares of Common Stock outstanding as of August 15, 2025.

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| | | | |
|:---|:---|:---|:---|
| **Title of Class** | **Amount and nature of beneficial ownership <sup>(2)</sup>** | **Amount and nature of beneficial ownership acquirable** | **Percent of class <sup>(3)</sup>** |
| Common Stock, par value $0.001 Domnic Colvin <sup>(4)</sup> | 300000 | -- | 39.22% |
| Common Stock, par value $0.001 Dean Medwid <sup>(5)</sup> | 300000 | -- | 39.22% |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Beneficial Ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes voting or investment power with respect to securities. Shares of common stock subject to options, warrants, or convertible debt currently exercisable or convertible, or exercisable or convertible within 60 days of August 15, 2025 are deemed outstanding for computing percentage of the person holding such option or warrant but are not deemed outstanding for computing the percentage of any person. Percentages are based on a total of shares of common stock outstanding August 15, 2025, and the shares issuable upon exercise of options, warrants exercisable, and debt convertible on or within 60 days of August 15, 2025.

(2) Unless otherwise stated in a specific footnote, all shares are held directly by beneficial owner

(3) The number of Voting Shares used in computing the Percentage of Voting Shares is 765,000.

(4) Mr. Colvin's shares were purchased in February 2025. Of Mr. Colvin's shares, 225,000 are subject to a repurchase option by the Company at $0.001 per share. On each one (1) year anniversary of the purchase date, an additional 75,000 shares will vest and no longer be subject to repurchase, provided Mr. Colvin continues to be a service provider to the Company at such vesting dates. The address for Mr. Colvin is 30 N Gould St STE R, Sheridan, WY 82801.

(5) Mr. Medwid's shares were purchased in February 2025. Of Mr. Medwid's shares, 225,000 are subject to a repurchase option by the Company at $0.001 per share. On each one (1) year anniversary of the purchase date, an additional 75,000 shares will vest and no longer be subject to repurchase, provided Mr. Medwid continues to be a service provider to the Company at such vesting dates. The address for Mr. Medwid is 30 N Gould St STE R, Sheridan, WY 82801.

**SECURITIES OFFERED**

This is a public offering of securities of GroEstate Inc. We are offering 8,250,000 shares of our Series B Preferred Stock at an offering price of $10.00 per share. Such Offered Shares include up to 750,000 shares issuable as Incentive Shares. See the Section of this Offering Circular entitled "Plan of Distribution" for a further description of the Incentive Shares. The description of the Series B Preferred Stock is included below in "Description of Securities".

**DESCRIPTION OF SECURITIES**

*The following is a summary of the rights of our capital stock as provided in our certificate of incorporation and bylaws, as amended to date. For more detailed information, please see our articles of incorporation and bylaws, which have been filed as exhibits to the Offering Statement of which this Offering Circular is a part.*

**General**

Market capital structure:

**Current Capitalization**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Security** | **Par Value** | **Authorized** <sup>(1)</sup>** | **Outstanding** | **Voting Rights** |
| Common Stock | 0.001 | 1000000 | 765000 | 1 vote / share |
| Preferred Stock | 0.001 | 19000000 | 0 |  |
| &nbsp;&nbsp;&nbsp;Series A Preferred Stock | 0.001 | 1000 | 0 | 1,000 votes per share |
| &nbsp;&nbsp;&nbsp;Series B Preferred Stock | 0.001 | 10000000 | 0<sup>(2)</sup> |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) As of August 15, 2025, the Company had authorized (i) 1,000,000 shares of Common Stock, (ii) 29,000,000
shares of blank check preferred stock, of which 10,000,000 have been designated Series B Preferred Stock, and (iii) 1,000 shares of Series
A Preferred Stock.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Excludes shares of Series B Stock issuable upon conversion of $318,544 in principal of convertible promissory
notes.

**Capitalization After the Offering**

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| | | | | |
|:---|:---|:---|:---|:---|
| **Security** | **Par Value** | **Authorized** <sup>(1)</sup>** | **Outstanding** | **Voting Rights** |
| Common Stock | 0.001 | 1000000 | 765000 | 1 vote /share |
| Preferred Stock | 0.001 | 19000000 |  |  |
| &nbsp;&nbsp;&nbsp;Series A Preferred Stock | 0.001 | 1000 | 0 | 1,000 votes / share |
| &nbsp;&nbsp;&nbsp;Series B Preferred Stock | 0.001 | 10000000 | 8250000 <sup>(2)</sup> |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) As of August 15, 2025, the Company had authorized (i) 1,000,000 shares of Common Stock, (ii) 29,000,000
shares of blank check preferred stock, of which 10,000,000 have been designated Series B Preferred Stock, and (iii) 1,000 shares of Series
a Preferred Stock

&nbsp;&nbsp;&nbsp;&nbsp;(2) Assumes that all Offered Shares of the Company's Series B Preferred Stock are sold in the offering
and that all investors purchasing shares in this offering meet the Incentive Threshold. Excludes shares of Series B Stock issuable upon
conversion of $318,544 in principal of convertible promissory notes.

**<u>Preferred stock</u>**

The Company is authorized to issue 29,001,000 shares of Preferred stock, par value $0.001.Of these shares, (i) 1,000 have been designated Series A Preferred Stock and (ii) 10,000,000 have been designated Series B Preferred Stock, having the rights, preferences, and privileges described below.

*Series A Preferred Stock*

The Company designated a series of preferred stock as Series A Preferred Stock (the "<u>Series A Preferred Stock</u>") providing that the rights, preferences, privileges and restrictions granted to and imposed on the Preferred Stock of the Company are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Designation, Amount and Par Value</u>. The series of Preferred Stock is designated as "Series A Preferred Stock" and the number of shares of such series shall be 1,000 shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Voting</u>. Each share of Series A Preferred Stock entitles the holder thereof to one thousand (1,000) votes on all matters submitted to a vote of the shareholders of the Company, voting together with the holders of common stock and any other class or series of stock entitled to vote, as a single class, so long as one (1) share of Series A Preferred Stock is outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Dividends</u>. Except as required by law, the Series A Preferred Stock shall not be entitled to receive dividends or other distributions, whether in cash, securities, or other property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Liquidation</u>. Except as required by law, upon any liquidation, dissolution, or winding up of the Company, whether voluntary or involuntary, the holders of Series A Preferred Stock shall not be entitled to receive any distribution of the Company's assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>No Conversion.</u> The Series A Preferred Stock is not convertible into any other class or series of stock, or into any other securities of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Redemption</u>. If and when issued, the shares of Series A Preferred Stock will be redeemable by the Company upon (i) the mutual written agreement of each holder and the Company, or (ii) upon a "Change of Control", which includes the sale of all of the Company's assets or capital stock, a merger or other business combination into another entity. The redemption price is $0.001 per share.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>No Preemptive or Other Rights</u>. The Series A Preferred Stock shall have no preemptive, subscription, or other similar rights to acquire any securities of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>Non-Transferability</u>. The shares of Series A Preferred Stock shall be non-transferable, except with the prior written consent of the Board.

As of August 15, 2025, there were no shares of Series A Preferred Stock outstanding.

*Series B Preferred Stock*

Prior to the completion of the offering of the Series B Preferred Stock, the Company will file a Certificate of Designations with the Secretary of State of the State of Wyoming. The Series B Preferred Stock will have the rights, preferences, privileges and restrictions granted to and imposed on the Series B Preferred Stock as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Designation, Amount and Par Value</u>. The Series B Preferred Stock will be designated as Series B 7.5% Participating Preferred Stock and the number of shares so designated shall be 10,000,000. Each share of Series B Preferred Stock shall have a par value of $0.001 per share and a stated value of $10.00 per share.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Closings</u>. Since there is no minimum offering amount, the Company may immediately deposit the proceeds from accepted subscription agreements into the Company's bank account..

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Voting.</u> The Holders of shares of Series B Preferred Stock shall not be entitled to vote with the holders of Common Stock on any matters submitted to a vote of stockholders of the Company, except as otherwise provided by law or with respect to certain customary negative covenants, such as amending the organizational documents of the Company in a matter negative to the holders of Series B Preferred Stock, increasing the authorized shares of preferred stock, or creating senior preferred stock with respect to dividends or distributions on liquidation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Fixed Dividends.</u> The Series B Preferred Stock will earn dividends at the rate of 7.5% per annum from issuance. Dividends will be paid in cash through the end of the calendar quarter immediately prior to the ten (10) year anniversary of the applicable closing. All Dividends, to the extent legally available, will be paid in cash on a quarterly basis on each occurrence of March 31<sup>st</sup>, June 30<sup>th</sup>, September 30<sup>th</sup> and December 31st. Such cash Dividends will be paid through the return of capital from the escrowed funds from this offering and then through the Company's profits, to the extent legally available under Wyoming law. See "*Dividend Policy*" below for a further description.

The Company will deposit 7.5% of the proceeds from this offering into an escrow account of the Company's choosing, as a contingency to make the payments to the holders of the Series B Preferred Stock for cash Dividends required to be paid until depleted. The Company will be required to have sufficient operating profits to make cash payments for the Dividends. In the event the Company does not have sufficient profits, it will use the escrowed funds as a return on capital as opposed to a dividend and the Series B Preferred Stock holders will be informed through the dividend statements accompanying the cash Dividends and with their tax statements that they are not receiving net profits, and that they should not assume that the source of these distributions are net profits. If Dividends are paid from operating profits, then the Company will move the escrowed capital to its operating account and use the capital for general working capital.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Liquidation</u>. In the event of any (i) liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary or (ii) sale of substantially all of the assets or capital stock of the Company, the holders of Series B Preferred Stock shall be entitled to receive, prior and in preference to any distribution to the holders of Common Stock, an amount equal to ninety percent (90%) of the net proceeds available for distribution to the stockholders pro rata, with such remaining ten percent (10%) to be distributed to the holders of Common Stock pro rata.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <u>No Conversion</u>. The shares of Series B Preferred Stock will not be convertible into any other class or series of stock, or into any other securities of the Company.

<u>Other Rights of Series B Preferred Stock holders</u>

*<u>Participation Right</u>*

As part of the subscription agreement, the purchasers of the Series B Preferred Stock will be parties to a revenue sharing arrangement pursuant to which, the Series B Preferred Stock holders will collectively have a right to receive 66.7% of the revenues generated from the variable rate usage fees and consulting based fees, excluding fixed rental payments for land leases and / or equipment rentals / leases ("Participation Right"). The Participation Right is based on payments actually received by the Company. Such Participation Right will be paid out quarterly on the same dates as the quarterly Dividends.

As of August 15, 2025, the Company had no shares of Series B Preferred Stock outstanding.

**<u>Common Stock</u>**

The Company is authorized to issue 1,000,000 shares of Common Stock, par value $0.001.

The Wyoming Statues provides that the holders of the Common Stock shall have one vote per share. In addition, except as otherwise required by law, as provided in this Articles of Incorporation, and as otherwise provided in the resolution or resolutions, if any, adopted by the Board with respect to any series of the Preferred Stock, on any matter presented to the holders of Common Stock and Preferred Stock for their action or consideration at any meeting of stockholders of the Company (or by written consent of stockholders in lieu of meeting), the holders thereof shall vote together as a single class.

Holders of the Common Stock will have no preemptive or conversion rights or other subscription rights. The Bylaws of the Company provide that the holders of Common Stock shall not have a right to cumulative voting. The rights, preferences, and privileges of the holders of the Common Stock are subject to, and may be adversely affected by, the rights of the holders of shares of any series of preferred stock that the Company may designate and issue in the future. Additionally, the Bylaws may be amended by the Company's stockholders or the Board of Directors.

As of August 15, 2025, the Company had 765,000 shares of Common Stock outstanding.

**DIVIDEND POLICY**

**Dividends**

The Company has not declared or paid a cash dividend to stockholders since it was organized and does not intend to pay dividends in the foreseeable future, except for the dividends payable on the Series B Preferred Stock, if and when issued. The board of directors presently intends to retain any earnings to finance our operations and does not expect to authorize cash dividends in the foreseeable future. Any other payment of cash dividends in the future will depend upon the Company's earnings, capital requirements and other factors.

*Series B Preferred Stock Dividend Policy*

The Series B Preferred Stock will accrue Dividends beginning on the applicable closing date, at a cumulative rate of 7.5% per year, based on a 360 day year, consisting of twelve (12) equal thirty (30) day months. Dividend payments will be made on March 31<sup>st</sup>, June 30<sup>th</sup>, September 30<sup>th</sup> and December 31st of each year. All Dividend payments will be paid in cash. The final Dividend payment will be on the last day of a calendar quarter immediately prior to the ten (10) year anniversary of the applicable closing date for each share of Series B Preferred Stock.

The Company will allocate 7.5% of the proceeds from this offering into an escrow account of the Company's choosing, as a contingency to make the payments to the holders of the Series B Preferred Stock for any Dividends required to be paid. The Company anticipates that it will have sufficient operating profits to continue making cash payments for the Dividends, as required, but there can be no assurances that such operating profits are realized. In the event the Company does not have sufficient profits, it will use the escrowed funds as a return on capital as opposed to a dividend and the Series B Preferred Stock holders will be informed through the dividend statements accompanying the cash Dividends and with their tax statements that they are not receiving net profits, and that they should not assume that the source of these distributions are net profits. If Dividends are paid from operating profits, then the Company will move the escrowed capital to its operating account and use the capital for general working capital

**Transfer Agent**

The Company has engaged Transfer Online, Inc. to act as its transfer agent for its Series B Preferred Stock.

**SHARES ELIGIBLE FOR FUTURE SALE**

There is no market for our Series B Preferred Stock. Future sales of our Series B Preferred Stock in the public or private market, or the perception that such sales may occur, could adversely affect the potential future market price or value of our Series B Preferred Stock prevailing from time to time. Furthermore, because there will be limits on the number of shares available for resale shortly after this Offering due to contractual and legal restrictions described below, there may be resales of substantial amounts of our Series B Preferred Stock, once and if our Series B Preferred Stock begins trading on a quoted exchange, in the public market after those restrictions lapse. This could adversely affect the market price of our series B Preferred Stock prevailing at that time.

**Rule 144**

In general, a person who has beneficially owned restricted shares of our Series B Preferred Stock for at least twelve months, in the event we are a reporting company under Regulation A, or at least six months, in the event we have been a reporting company under the Exchange Act for at least 90 days before the sale, would be entitled to sell such securities, provided that such person is not deemed to be an affiliate of ours at the time of sale or to have been an affiliate of ours at any time during the 90 days preceding the sale. A person who is an affiliate of ours at such time would be subject to additional restrictions, by which such person would be entitled to sell within any three-month period only a number of shares that does not exceed the greater of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· 1% of the number of shares of our Common Stock then outstanding; or

· the average weekly trading volume of our Common Stock during the four calendar weeks preceding the filing by such person of a notice on Form 144 with respect to the sale;

provided that, in each case, we are subject to the periodic reporting requirements of the Exchange Act for at least 90 days before the sale. Rule 144 trades must also comply with the manner of sale, notice and other provisions of Rule 144, to the extent applicable.

**LEGAL MATTERS**

Certain legal matters with respect to the shares of Series B Preferred Stock offered hereby will be passed upon by the Silvestre Law Group, P.C., whose address is 2629 Townsgate Rd., Suite 215, Westlake Village, CA 91361. Silvestre Law Group, or its attorneys, currently own an aggregate of 25,000 shares of our Common Stock.

**EXPERTS**

The financial statements of GroEstate Inc. for the year ended June 30, 2025, included in this Offering Statement have been audited by Wahl Street Accountancy Corp, an independent auditor, as stated in their report thereon and incorporated by reference in this Offering Statement, in reliance upon such report and upon the authority of said firm as experts in accounting and auditing.

**WHERE YOU CAN FIND MORE INFORMATION**

We have filed with the SEC this Offering Statement on Form 1-A pursuant to Regulation A promulgated under the Securities Act with respect to the shares of Series B Preferred Stock offered hereby. This Offering Circular, which constitutes a part of the Offering Statement, does not contain all of the information set forth in the Offering Statement or the exhibits and schedules filed therewith. For further information about us and the Series B Preferred Stock offered hereby, we refer you to the Offering Statement and the exhibits and schedules filed therewith. Statements contained in this Offering Circular regarding the contents of any contract or other document that is filed as an exhibit to the Offering Statement are not necessarily complete, and each such statement is qualified in all respects by reference to the full text of such contract or other document filed as an exhibit to the Offering Statement. Upon the qualification of the offering statement, we will become subject to the informational reporting requirements that are applicable to Tier 2 companies whose securities are qualified pursuant to Regulation A, and accordingly, we will file annual reports, semi-annual reports and other information with the SEC. You may read and copy this information at the SEC's Public Reference Room, 100 F Street, N.E., Room 1580, Washington, D.C. 20549. You may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC also maintains an Internet website that contains reports, proxy statements and other information about issuers, including us, that file electronically with the SEC. The address of this site is <u>www.sec.gov</u>.

**GROESTATE INC.**

**FINANCIAL STATEMENTS**

**From Inception January 30, 2025 through to June 30, 2025**

**TABLE OF CONTENTS**

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| | |
|:---|:---|
|  | Page |
| Financial Statements |  |
| [Report of Independent Auditor](#a_022) | F-2 |
| &nbsp;&nbsp;&nbsp;[Balance Sheet at June 30, 2025](#a_023) | F-4 |
| &nbsp;&nbsp;&nbsp;[Statements of Operations from Inception January 30, 2025 through to June 30, 2025](#a_024) | F-5 |
| &nbsp;&nbsp;&nbsp;[Statements of Changes in Stockholders' Deficit ***For the period from Inception January 30, 2025 through to June 30, 2025***](#a_025) | F-6 |
| &nbsp;&nbsp;&nbsp;[Statement of Cash Flows for the period from Inception January 30, 2025 through to June 30, 2025](#a_026) | F-7 |
| &nbsp;&nbsp;&nbsp;[Notes to the Financial Statements](#a_027) | F-8 - F-16 |

---

**Report of Independent Auditors**

To the Management and Directors of

Gro Estates, Inc.

 **

***Opinion***

 **

We have audited the financial statements of Gro Estates Inc., which comprise the balance sheet as of June 30, 2025, and the related statements of operations, changes in stockholders' deficit, and cash flows for the period from January 30, 2025 (inception) to June 30, 2025, and the related notes to the financial statements.

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Gro Estates, Inc. June 30, 2025, and the results of its operations and its cash flows for the period from January 30, 2025 (inception) to June 30, 2025, in accordance with accounting principles generally accepted in the United States of America.

***Basis for Opinion***

 ****

We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Gro Estates, Inc. and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

***Responsibilities of Management for the Financial Statements***

 ****

Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about Gro Estate, Inc.'s ability to continue as a going concern within one year after the date that the financial statements are available to be issued.

***Auditor's Responsibilities for the Audit of the Financial Statements***

 ****

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:

&nbsp;&nbsp;&nbsp;&nbsp;· Exercise professional judgment and maintain professional skepticism throughout the audit.

&nbsp;&nbsp;&nbsp;&nbsp;· Identify and assess the risks of material misstatement of the financial statements, whether due to fraud
or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence
regarding the amounts and disclosures in the financial statements.

&nbsp;&nbsp;&nbsp;&nbsp;· Obtain an understanding of internal control relevant to the audit in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of Gro Estate Inc's
internal control. Accordingly, no such opinion is expressed.

&nbsp;&nbsp;&nbsp;&nbsp;· Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting
estimates made by management, as well as evaluate the overall presentation of the financial statements. We draw attention to Note 2 in the financial statements, which describes
conditions indicating a material uncertainty that may cast significant doubt about the Company's ability to continue as a going
concern, including significant operating losses and dependence on future financing. Our opinion is not modified in respect of this matter.

&nbsp;&nbsp;&nbsp;&nbsp;· Evaluate the appropriateness of accounting policies
used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the
financial statements.

· Evaluate the overall presentation, structure,
and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions,
and events in a manner that achieves fair presentation.

· We are required to communicate with those charged
with governance, including management and the general partner regarding, among other matters, the planned scope and timing of the audit,
significant audit findings, and certain internal control–related matters that we identified during the audit.

&nbsp;&nbsp;&nbsp;&nbsp;· Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise
substantial doubt about Gro Estate Inc.'s ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.

We have served as the Company's auditor since 2025.

/s/ Wahl Street Accountancy Corporation

Irvine, California

September 5, 2025

**GRO ESTATES, INC.**

**BALANCE SHEET**

---

| | |
|:---|:---|
|  | **June 30,**<br>**2025** |
| **ASSETS** |  |
| **Current Assets:** |  |
| &nbsp;&nbsp;&nbsp;Cash | $37969 |
| **Total Current Assets** | 37969 |
| &nbsp;&nbsp;&nbsp;Amber Cloud Investments | 132000 |
| **Total Long Term Assets** | 132000 |
| **TOTAL ASSETS** | $169969 |
| **LIABILITIES AND STOCKHOLDERS' DEFICIT** |  |
| **Current Liabilities:** |  |
| &nbsp;&nbsp;&nbsp;Accounts payable and accrued liabilities | $67500 |
| &nbsp;&nbsp;&nbsp;Convertible notes payable, short-term including accrued interest | 282716 |
| **Total Current Liabilities** | 350216 |
| **Total Liabilities** | 350216 |
| **Stockholders' Deficit:** |  |
| &nbsp;&nbsp;&nbsp;Preferred Stock, Series A, par value $0.001, authorized 1,000 and zero issued and outstanding as of June 30, 2025, respectively |  |
| &nbsp;&nbsp;&nbsp;Common stock, $0.001 par value, authorized 1,000,000, 300,000 shares issued and outstanding at June 30, 2025 , respectively | 765 |
| &nbsp;&nbsp;&nbsp;Additional paid-in capital |  |
| &nbsp;&nbsp;&nbsp;Accumulated deficit | (181012) |
| Total Stockholders' Deficit | (180247) |
| **TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT** | $169969 |

---

***The accompanying notes are an integral part of these financial statements***

**GRO ESTATES INC.**

**STATEMENTS OF OPERATIONS**

---

| | |
|:---|:---|
|  | **For the period from Inception January 30, 2025 through to the Period Ended**<br>**June 30,**<br>**2025** |
| Revenues | $– |
| Cost of revenue | – |
| **Gross Profit** |  |
| **Operating Expenses** |  |
| General and administrative | $4411 |
| Professional fees | 108885 |
| Finance Costs | 64500 |
| **Total Operating Expenses** | 177796 |
| **Loss from operations** | (177796) |
| **Other Expense** |  |
| Interest expense | (3216) |
| **Net Other Expense** | (3216) |
| **Net Loss** | $(181012) |
| **Net Loss Per Common Share: Basic and Diluted** | $(1.083) |
| **Weighted Average Number of Common Shares Outstanding: Basic and Diluted** | 167185 |

---

***The accompanying notes are an integral part of these financial statements***

**GRO ESTATES, INC.**

**STATEMENT OF CHANGES IN STOCKHOLDERS DEFICIT**

*From Inception January 30, 2025 to June 30, 2025* 

 

 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Series Preferred Stock** | **Series Preferred Stock** | **Common Stock** | **Common Stock** | | | |
|  | **Number of Shares** | **Amount** | **Number of Shares** | **Amount** | **Additional**<br>**Paid-in<br> Capital** |<br>**Accumulated<br> Deficit** | **Total**<br>**Stockholders'<br> Deficit** |
| **Balance - January 30, 2025** |  | $– | – | $– | $– | $– | $– |
| Common Stock purchased for cash |  |  | 300000 | 300 |  |  | 300 |
| Common stock issued for stock compensation |  |  | 465000 | 465 |  |  | 465 |
| Net loss |  |  |  |  |  | (181012) | (181012) |
| **Balance - June 30, 2025** |  | $– | 765000 | $765 | $– | $(181012) | $(180247) |

---

 ****

***The accompanying notes are an integral part of these financial statements.***

**GRO ESTATES, INC.**

**STATEMENTS OF CASH FLOWS**

---

| | |
|:---|:---|
|  | **From Inception January 30, 2025 through to**<br>**June 30,**<br>**2025** |
| **OPERATING ACTIVITIES:** |  |
| &nbsp;&nbsp;&nbsp;Net loss | $(181012) |
| &nbsp;&nbsp;&nbsp;Adjustments to reconcile net loss to net cash used by operating activities: |  |
| &nbsp;&nbsp;&nbsp;Stock based compensation | 765 |
| &nbsp;&nbsp;&nbsp;Financing costs convertible notes | 64500 |
| &nbsp;&nbsp;&nbsp;Accrued interest | 3216 |
| &nbsp;&nbsp;&nbsp;Accounts payable and accrued liabilities | 67500 |
| &nbsp;&nbsp;&nbsp;Net Cash Provided by Operating Activities | (45031) |
| **INVESTING ACTIVITIES:** |  |
| &nbsp;&nbsp;&nbsp;Amber Cloud Investment | (132000) |
| &nbsp;&nbsp;&nbsp;Net Cash Used in Investing Activities | (132000) |
| **FINANCING ACTIVITIES:** |  |
| &nbsp;&nbsp;&nbsp;Proceeds from issuance of convertible notes | 215000 |
| &nbsp;&nbsp;&nbsp;Net Cash Provided by Financing Activities | 215000 |
| Net increase in cash | 37969 |
| Cash, beginning of period | – |
| Cash, end of period | $37969 |
| Supplemental cash flow information |  |
| &nbsp;&nbsp;&nbsp;Cash paid for interest | $– |
| &nbsp;&nbsp;&nbsp;Cash paid for taxes | $– |

---

 ****

***The accompanying notes are an integral part of these financial statements***

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025*

**NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS**

GroEstate Inc. (the "Company", "GroEstate", "we" and "us") was incorporated under the laws of the State of Wyoming on January 30, 2025. Our management team and advisors have experience in land development and agricultural technology, including but not limited to advanced water purification systems, specialized lighting, and growing techniques for high-yield, small-footprint cultivation as well as experience in equipment leasing, and real estate management for farming facilities. We are an agriculture property and equipment focused company that intends to generate recurring revenues by (i) acquiring, developing and leasing specialized farming facilities to independent operators under long-term lease and revenue-sharing arrangements, (ii) acquiring and leasing agricultural equipment to such farming facilities, (iii) providing loans to farm operators, and (iv) providing certain consulting services related to land development, agricultural equipment, and farming techniques. We plan to acquire land, assist in development of such land, and lease land and equipment to farm operators in the North American market. We additionally plan on entering into joint development agreements with farm operators in order provide such operators with access to capital and consulting services with respect to land development, equipment use, and farming capabilities and analysis.

We are not directly involved in farming operations and do not plan on being involved in any farming operations.

**NOTE 2 – GOING CONCERN**

As of June 30, 2025, the Company has incurred losses totaling $181,012 since inception, has not yet generated revenue from its operations, and will require additional funds to maintain our operations. As of June 30, 2025, the Company had a working capital deficit of $312,247 and incurred a loss from Inception June 30, 2025 through to June 30, 2025 of $181,012. From inception through to June 30, 2025, the Company has raised $215,000 from four investors. The cost of financing was 8% and a 30% bridge fee and is expensive financing, which might create cash flow issues in the future from our next financing or if we cannot raise sufficient cash flows from operations to pay the bridge financing fee and / or default rate of 18%. Subsequent to June 30, 2025, through our reporting date the Company raised an additional $103,544 containing the same terms as other investors.

The Company's ability to continue as a going concern is dependent upon its ability to generate profitable future operations and to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. The Company intends to finance operating costs over the next twelve months through continued financial support from its stockholders, the issuance of debt securities and private placements of common stock.

While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company's activities will generate sufficient revenues to sustain its operations without additional capital or, if additional capital is needed that such funds, if available, will be obtainable in terms of satisfactory to the Company.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company's ability to do so. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025* 

**NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**Basis of Presentation**

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles ("GAAP") as promulgated in the United States of America.

All figures are in U.S. Dollars.

The fiscal year end is June 30.

 ****

***Use of Estimates***

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Significant estimates and assumptions reflected in these financial statements include, but are not limited to, stock-based compensation, accounting for preferred stock, and the valuation of acquired assets and liabilities. The Company bases its estimates on historical experience, known trends and other market-specific or other relevant factors that it believes to be reasonable under the circumstances. On an ongoing basis, management evaluates its estimates when there are changes in circumstances, facts, and experience. Changes in estimates are recorded in the period in which they become known. Actual results could differ from those estimates.

**Cash and Cash Equivalents**

Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of ninety days or less. The Company had cash on hand of $37,969 as of June 30, 2025, respectively. The Company had no cash equivalents as of June 30, 2025.

*Revenue Recognition*

Under Financial Accounting Standards Board ("FASB") Topic 606, "Revenue from Contacts with Customers" ("ASC 606"), the Company recognizes revenue when the customer obtains control of promised goods or services, in an amount that reflects the consideration which is expected to be received in exchange for those goods or services. The Company recognizes revenue following the five-step model prescribed under ASC 606: (i) identify contract(s) with a customer; (ii) identify the performance obligation(s) in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligation(s) in the contract; and (v) recognize revenues when (or as) the Company satisfies a performance obligation. We have no revenues as of from inception through to June 30, 2025.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025* 

**NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)**

*Convertible Debt*

The Company issues convertible debt instruments, typically in the form of convertible notes, which may be converted into equity securities at the option of the holder under specified conditions or upon the occurrence of certain events, such as a qualified financing round or maturity date. The Company evaluates convertible debt instruments at issuance to determine the appropriate accounting treatment in accordance with ASC 470-20, Debt with Conversion and Other Options. When a convertible debt instrument includes an embedded conversion feature, the Company assesses whether the feature qualifies as an embedded derivative requiring separate accounting under ASC 815, Derivatives and Hedging. If the conversion feature is not required to be bifurcated, the Company accounts for the convertible debt as a single liability measured at its amortized cost, using the effective interest method. In cases where the convertible debt includes a beneficial conversion feature (BCF), the Company allocates a portion of the proceeds to the BCF, measured as the intrinsic value of the conversion option at the issuance date. The BCF is recorded as a debt discount and an increase to additional paid-in capital. The debt discount is amortized as interest expense over the term of the convertible debt using the effective interest method. Interest expense on convertible debt includes stated interest, amortization of any debt discount, and debt issuance costs, if applicable. Debt issuance costs are capitalized and amortized over the term of the debt as interest expense. Upon conversion of the debt into equity, the carrying amount of the debt, including any unamortized discount or issuance costs, is reclassified to equity, and no gain or loss is recognized unless the conversion terms are modified.

 

*Stock-Based Compensation*

The Company grants stock-based awards, including stock options and restricted stock units (RSUs), to employees, directors, and non-employee consultants as part of its equity incentive plan. Stock-based compensation is accounted for in accordance with ASC 718, Compensation – Stock Compensation, for awards to employees and directors, and ASC 505-50, Equity – Equity-Based Payments to Non-Employees, for awards to non-employees.

**Employees and Directors:** The Company measures stock-based compensation expense for employee and director awards based on the grant-date fair value of the awards, using the Black-Scholes option-pricing model for stock options and the fair market value of the underlying common stock for RSUs. Compensation expense is recognized on a straight-line basis over the requisite service period, which is generally the vesting period of the award (typically four years with a one-year cliff). Forfeitures are accounted for as they occur.The Black-Scholes model incorporates assumptions such as the expected term, volatility, risk-free interest rate, and expected dividend yield. The fair value of the underlying common stock is determined based on valuations performed by management or independent third parties, considering factors such as recent financing transactions, market conditions, and the Company's financial performance.

**Non-Employees:** For stock-based awards granted to non-employees (e.g., consultants or advisors), the Company measures compensation expense based on the fair value of the awards at the grant date, consistent with ASC 718 principles, as amended by ASU 2018-07. The fair value is determined using the Black-Scholes model for options or the fair market value of the underlying stock for other equity awards. Compensation expense is recognized over the period during which services are rendered, with the fair value remeasured at each reporting date until the awards vest or the service is complete, if required under ASC 505-50.Modifications: If the terms of a stock-based award are modified, the Company evaluates whether the modification results in incremental compensation cost under ASC 718 or ASC 505-50. Incremental costs, if any, are measured as the difference between the fair value of the modified award and the original award immediately before modification and are recognized over the remaining vesting period.Stock-based compensation expense is recorded in the statement of operations within operating expenses, based on the function of the employee or non-employee (e.g., research and development or general and administrative). The Company does not capitalize stock-based compensation costs.

*Income Taxes*

We account for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are recorded, when necessary, to reduce deferred tax assets to the amount expected to be realized.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025*

**NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)**

ASC 740, Income Taxes ("ASC 740"), which clarifies the accounting and disclosure for uncertainty in tax positions, as defined, seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related to accounting for income taxes. We adopted the provisions of ASC 740 as of January 1, 2007 and have analyzed filing positions in each of the federal and state jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. We have identified the U.S. federal and California as our "major" tax jurisdictions. With limited exceptions, we remain subject to Internal Revenue Service ("IRS") examination of our income tax returns filed within the last three (3) years, and to California Franchise Tax Board examination of our income tax returns filed within the last four (4) years. However, we have certain tax attribute carryforwards which will remain subject to review and adjustment by the relevant tax authorities until the statute of limitations closes with respect to the year in which such attributes are utilized.

At June 30, 2025, the Company recognized a full valuation allowance against the recorded deferred tax assets.

We believe that our income tax filing positions and deductions will be sustained on audit and do not anticipate any adjustments that will result in a material change to our financial position. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to ASC 740. Our policy for recording interest and penalties associated with income-based tax audits is to record such items as a component of income taxes.

*Net Loss per Share*

The Company follows ASC 260, *"Earnings per Share"* ("EPS"), which requires presentation of basic EPS on the face of the Statements of Operations for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation. In the accompanying financial statements, basic earnings (loss) per share are computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

Diluted earnings per share reflect the potential dilution that could occur if securities were exercised or converted into common stock or other contracts to issue common stock resulting in the issuance of common stock that would then share in the Company's earnings subject to anti-dilution limitations. In a period in which the Company has a net loss, all potentially dilutive securities are excluded from the computation of diluted shares outstanding as they would have an anti-dilutive impact.

For the year ended June 30, 2025, potentially dilutive common shares consist of common stock issuable upon the conversion of convertible notes payable. All potentially dilutive securities related to these convertible notes payable were excluded from the computation of diluted weighted average number of shares of common stock outstanding as they would have had an anti-dilutive impact.

*Comprehensive Income*

ASC 220, Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. During the six months ended June 30, 2025, the Company's did not have any component of comprehensive income.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025*

**NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)**

*Contingencies*

The Company follows ASC 450-20, "Loss Contingencies" to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. There were no loss contingencies as of September 30, 2024 and 2023.

In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)" ("ASU 2016-02") which supersedes existing guidance on accounting for leases in "Leases (Topic 840)." The standard requires lessees to recognize the assets and liabilities that arise from leases on the balance sheet. A lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. The new guidance is effective for annual reporting periods beginning after December 15, 2018 and interim periods within those fiscal years. The amendments should be applied at the beginning of the earliest period presented using a modified retrospective approach with earlier application permitted as of the beginning of an interim or annual reporting period. The Company evaluated the effects of adopting ASU 2016-02 on its financial statements and determined that there are no leases for evaluation.

*Recent Accounting Pronouncements*

 

In December 2023, the FASB issued ASU 2023-09 "Income Taxes (Topic 740): Improvements to Income Tax Disclosures," which requires the Company to disclose disaggregated jurisdictional and categorical information for the tax rate reconciliation, income taxes paid and other income tax related amounts. This guidance is effective for annual periods beginning after December 15, 2024, which will be the Company's fiscal year 2025, with early adoption permitted. The adoption is expected to enhance the Company's Notes to the Financial Statements. The Company is currently evaluating how this ASU will impact its financial statements and disclosures.

In November 2024, the FASB issued ASU 2024-03 "Disaggregation of Income Statement Expenses," which requires the Company to disaggregate key expense categories such as employee compensation, depreciation and intangible asset amortization within its financial statements. ASU 2024-03 is effective for annuals periods beginning with the Company's fiscal year 2027, and interim periods within the Company's fiscal year 2028, with early adoption permitted. The Company is currently evaluating the impact of this ASU on its Notes to the Financial Statements.

Management does not believe any other recently issued, but not yet effective accounting pronouncements would have a material effect on our present or future financial statements.

**NOTE 4 – OPTION AGREEMENT AND INVESTMENT IN THE AMBER CLOUD COMPANY**

Amber Cloud Company Investments at June 30, 2025 consists of the following:

---

| | |
|:---|:---|
|  | **June 30,**<br> **2025** |
| Amber Cloud Company Investments | $132000 |
| Total Amber Cloud Investments | $132000 |

---

On February 1, 2025, the Company entered into an option agreement granting the right, but not the obligation, to purchase 100% of the outstanding equity of The Amber Cloud Company, LLC ("Amber NV"), a Nevada limited liability company, for an aggregate purchase price of $10,000,000. Amber NV owns Jones Farms, a hemp-growing operation located in Oklahoma, consisting of (i) 7 acres of property with two fully updated 2,700 square foot greenhouses and (ii) seven additional 2,700 square foot greenhouses currently under modernization, along with irrigation and growing equipment. The property has the capacity to accommodate up to 18 additional greenhouses. The option may be exercised in parts and expires on December 31, 2026.As of August 15, 2025, the Company has exercised a portion of the option, acquiring a 1.82% equity interest in Amber NV for $182,000. The investment is accounted for under the cost method in accordance with ASC 323, Investments—Equity Method and Joint Ventures, as the Company does not have significant influence over Amber NV. The carrying value of the investment is $182,000 as of [insert balance sheet date], and no impairment has been recognized.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025*

**NOTE 4 – OPTION AGREEMENT AND INVESTMENT IN THE AMBER CLOUD COMPANY (cont'd)**

**Lease and Revenue Sharing Agreement** Jones Farms is subject to a 20-year lease agreement with an independent operator, expiring April 30, 2045. The lease requires the operator to pay $6,250 per month per operating greenhouse, subject to certain increases, plus $400 per production/harvest cycle for lighting equipment. Pursuant to a side agreement with Amber NV, the Company is entitled to receive lease revenue proportional to its ownership percentage in Amber NV. As of August 15, 2025, with a 1.82% ownership, the Company is entitled to 1.82% of the lease revenue generated by Jones Farms. In 2024, with two active greenhouses, Jones Farms generated $1,000,000 in sales through an off-take agreement with a major processor for the extraction of CBD and THC oils from hemp. The Company anticipates potential revenue growth upon completion of the modernization of the seven additional greenhouses. If the Company exercises the full option and all nine greenhouses (two existing and seven modernized) are operational, the Company would receive monthly lease revenue of $60,750 ($6,750 per greenhouse) plus additional fees for lighting equipment usage, estimated at $162,000 per month based on 90 lights per greenhouse at $200 per light per month. These projections are based on management's estimates and are subject to risks and uncertainties, including the completion of greenhouse modernization and market conditions.

**Consulting Services** The Company provides consulting expertise to Jones Farms on marketing and grow technologies, including water purification and state-of-the-art grow lamps. The Company earns additional fees based on equipment usage, which are included in the projected $162,000 per month noted above. Option Purchase Agreement with Ambercloud Development Corp.

On June 1, 2025, the Company entered into an option purchase agreement with Ambercloud Development Corp. ("Amber Canada"), a Canadian company that wholly owns Amber NV. The agreement provides the Company with the right to purchase up to 100% of Amber NV's outstanding equity securities. The terms of this agreement align with the February 1, 2025, option agreement described above.

**Related Party Transaction** On December 12, 2023, PLC Intl Foundation, a trust established by the Company's CEO, Dominic Colvin, for the benefit of his adult children and grandchildren, loaned $400,000 to Amber Canada via a promissory note, which is currently past due. Mr. Colvin is not the trustee and does not control the trust's assets. The trustee has agreed to defer repayment of the note until the Company exercises its option to purchase Amber NV, which may not occur. In accordance with ASC 850, Related Party Disclosures, this transaction is disclosed due to the involvement of the CEO's trust.

**Contingencies and Commitments** The Company's ability to exercise the remaining option to acquire Amber NV is contingent upon raising at least $36,500,000 through an offering. There is no assurance that the Company will raise the necessary funds or fully exercise the option. Gro will receive 1% of equity ownership for every $100,000 paid. If the option is not exercised by December 31, 2026, it will expire. The Company has no other significant commitments related to this agreement as of June 30, 2025.

**Fair Value Considerations** The option to purchase Amber NV is not recognized as a derivative under ASC 815, Derivatives and Hedging, as it does not meet the criteria for net settlement. The fair value of the option has not been determined as of June 30, 2025, as it is not required to be measured at fair value under ASC 820, Fair Value Measurement, unless exercised or impaired.

**NOTE 5 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES**

Accounts payable and accrued liabilities at June 30, 2025 consist of the following:

---

| | |
|:---|:---|
|  | **June 30,**<br> **2025** |
| Accounts payable and accrued liabilities | $67500 |
| Total accounts payable and accrued liabilities | $67500 |

---

The Company accounts payable is made up of consulting fees to Orange County Investment Financial Group ("OCIFG"), accrued compensation to CEO and remaining payable for accounting and audit professional fees. OCIFG is a vendor that the Company uses for the design and implementation of its plan. This payable bears no interest and is payable in cash. As of June 30, 2025, the amount owed to OCIFG is $50,000, respectively. The CEO was owed $5,000 as of June 30, 2025. The remaining accounting and audit vendors were owed $12,500 as of June 30, 2025, respectively.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

**June 30, 2025**

**NOTE 6 – CONVERTIBLE NOTES PAYABLE**

Convertible Notes Payable, at June 30, 2025 consists of the following:

---

| | |
|:---|:---|
|  | **June 30,**<br> **2025** |
| Convertible Notes Payable | $279500 |
| Add: accrued interest | 3216 |
| Total Convertible Notes Payable, accrued interest | $282716 |

---

The Company entered into four convertible note agreements (the "Notes") bearing an interest rate of 8% with 4 private investors with a 12-month term. The Notes ranked senior to all other obligations and carried a 30% bridge fee on top of its face value. > The Notes have a default rate of 18%. The Notes convert into shares of Series B Preferred Stock at a conversion price equal to the price the shares of Series B Preferred Stock are sold in the Company's Regulation A Offering.

The four notes principal balance totaled $225,000 and accrued interest of $3,260 as of June 30, 2025. There was an additional one-time bridge fee totaling $67,500 which will be due along with the principal and interest at maturity.

**NOTE 7 – STOCKHOLDERS' DEFICIT**

Authorized Capital Stock:

The Company's authorized capital stock consists of (a) 1,000,000 shares of Common Stock, $0.001 par value per share ("Common Stock") and (b) 1,000 shares of Preferred Stock, $0.001 par value per share ("Preferred Stock").

Common Stock:

The Wyoming Statues provides that the holders of the Common Stock shall have one vote per share. In addition, except as otherwise required by law, as provided in the Company's articles of incorporation, as amended, the Company's Bylaws and as otherwise provided in the resolution or resolutions, if any, adopted by the Board with respect to any series of the Preferred Stock, on any matter presented to the holders of Common Stock and Preferred Stock for their action or consideration at any meeting of stockholders of the Company (or by written consent of stockholders in lieu of meeting), the holders thereof shall vote together as a single class.

Holders of the Common Stock will have no preemptive or conversion rights or other subscription rights. The Bylaws of the Company provide that the holders of Common Stock shall not have a right to cumulative voting. The rights, preferences, and privileges of the holders of the Common Stock are subject to, and may be adversely affected by, the rights of the holders of shares of any series of preferred stock that the Company may designate and issue in the future. Additionally, the Bylaws may be amended by the Company's stockholders or the Board of Directors.

As of June 30, 2025, the Company had 300,000 shares of Common Stock outstanding, respectively.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025*

**NOTE 7 – STOCKHOLDERS' DEFICIT (cont'd)**

Preferred Stock:

Pursuant to the Company's amended and restated articles of incorporation, filed with the Secretary of State of the State of Wyoming, the Company is authorized to issue up to 1,000 shares of Series A Preferred Stock with the following rights, preferences, privileges and restrictions: Series A preferred shares shall not convert to Common stock but vote on company matters with the Common Stock of the Company. Each share of Series A Preferred Stock shall have the equivalent vote of 1,000 shares of Common Stock. The Series A Preferred Stock may be redeemed by the Company for par value upon a sale of all or substantially all of the common stock or assets of the Company.

As of June 30, 2025, the Company had zero shares of Series A Preferred Stock outstanding.

*Issuances of Common Stock* 

From Inception January 30, 2025 through to June 30, 2025, the Company issued 765,000 shares of common stock.

In February 2025, the Company sold our CEO, Domnic Colvin, 300,000 shares of common stock at a price per share of $0.001. Of the shares purchased, 225,000 are subject to a repurchase option by the Company at $0.001 per share. On each one (1) year anniversary of the purchase date, an additional 75,000 shares will vest and no longer be subject to repurchase, subject to Mr. Colvin continuing to be a service provider to the Company.

In February 2025, the Company sold our COO, Dean Medwid, 300,000 shares of common stock at a price per share of $0.001. Of the shares purchased, 225,000 are subject to a repurchase option by the Company at $0.001 per share. On each one (1) year anniversary of the purchase date, an additional 75,000 shares will vest and no longer be subject to repurchase, subject to Mr. Colvin continuing to be a service provider to the Company.

On May 28, 2025, we sold 765,000 shares of common stock to founders, initial employees, and certain key consultants at a purchase price per share equal to $0.001 (the par value). Of the shares issued, (i) 210,000 shares vest fully at issuance, and (ii) 555,000 of such shares are subject to a repurchase right by the issuer with such repurchase right expiring as follows: (a) 185,000 shares of the repurchase right expire on the one year anniversary of issuance, (b) 185,000 shares of the repurchase right expire on the two year anniversary of issuance, and (c) 185,000 shares of the repurchase right expire on the three year anniversary of issuance, each subject to the purchaser continuing to be a service provider to the Company on each applicable date. Accordingly, the issuer received $765.00 in consideration for all such shares.

**NOTE 8: INCOME TAXES**

The actual income tax provision differs from the "expected" tax computed by applying the Federal corporate tax rate of 21% to the income before income taxes as follows:

---

| | |
|:---|:---|
|  | **Year Ended** <br> **June 30,** |
|  | **2025** |
| "Expected" income tax benefit | $37969 |
| State tax expense, net of Federal benefit |  |
| Change in valuation allowance | (37969) |
| Other |  |
| Income tax provision | $– |

---

The change in the valuation allowance is due to the tax effect of increase in net operating losses due to our continued net losses.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025*

**NOTE 8: INCOME TAXES (cont'd)**

The tax effects of temporary differences which give rise to significant portions of the deferred taxes are summarized as follows:

---

| | |
|:---|:---|
|  | **June 30, 2025** |
| **Deferred tax assets:** |  |
| &nbsp;&nbsp;&nbsp;Inventory reserves | $– |
| &nbsp;&nbsp;&nbsp;Allowances for bad debts and returns |  |
| &nbsp;&nbsp;&nbsp;Accrued expenses |  |
| &nbsp;&nbsp;&nbsp;Asset valuation reserves |  |
| &nbsp;&nbsp;&nbsp;Net operating loss carryforwards-estimate | (180805) |
| &nbsp;&nbsp;&nbsp;Total deferred tax assets | (180805) |
| &nbsp;&nbsp;&nbsp;Valuation allowance | 180805 |
| **Deferred tax liabilities:** |  |
| &nbsp;&nbsp;&nbsp;Deferred state taxes | – |
| &nbsp;&nbsp;&nbsp;Total deferred tax liabilities |  |
| &nbsp;&nbsp;&nbsp;Net deferred tax assets | $– |

---

As of March 31, 2025, we have $180,805 in net operating loss carryforwards for federal and state income tax purposes. In assessing the realizability of the deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. We consider the scheduled reversal of deferred tax assets, the level of historical taxable income and tax planning strategies in making the assessment of the realizability of deferred tax assets. We have identified the U.S. federal and California as our "major" tax jurisdiction. With limited exceptions, we remain subject to IRS examination of our income tax returns filed within the last three (3) years, and to California Franchise Tax Board examination of our income tax returns filed within the last four (4) years.

**NOTE 9: COMMITMENTS AND CONTINGENCIES**

The Company evaluates its commitments and contingencies in accordance with ASC 440, Commitments, and ASC 450, Contingencies, to determine whether disclosure or recognition is required.

Contractual Obligations: On April 1, 2025, the Company entered into a contract with OCIFG, Inc. that provides business development and acquisition advisory services for $20,000 per month for six months and a bonus of $110,000 when the services are completed for a total of $250,000. As of June 30, 2025, there is three months remaining in the agreement.

Effective March 1, 2025, the Company entered into month to month consulting agreement with our CEO for a monthly retainer of $15,000 and he receives 4% of our profits.

**GRO ESTATES INC.** 

**NOTES TO THE FINANCIAL STATEMENTS**

*June 30, 2025*

**NOTE 9: COMMITMENTS AND CONTINGENCIES (cont'd)**

On May 20, 2025, the Company and Mr. Medwid through 1082900 BC Ltd., an entity controlled by Mr. Medwid) entered into management consulting agreement (the "Medwid Agreement") for Mr. Medwid to serve as COO. Pursuant to the Agreement, Mr. Medwid receives a base salary of $180,000 per year. The Medwid Agreement may be terminated by the Company on thirty (30) days notice.

On May 20, 2025, the Company and Mr. Medwid through 1082900 BC Ltd., an entity controlled by Mr. Medwid) entered into management consulting agreement (the "Medwid Agreement") for Mr. Medwid to serve as COO. Pursuant to the Agreement, Mr. Medwid receives a base salary of $180,000 per year. The Medwid Agreement may be terminated by the Company on thirty (30) days notice.

Financing Commitments: In connection with a convertible notes issued in 2025, the Company is obligated to issue equity securities upon the occurrence of a qualified financing event, as defined in the note agreement. The terms of this commitment is a public offering of securities of GroEstate Inc., a Wyoming corporation (the "Company"). We are offering up to 7,500,000 shares of our Series B 7.5% Participating Preferred Stock, par value $0.001 (the "Series B Preferred Stock"), at an offering price of $10.00 per share (the "Offered Shares") to investors ("Investors"). In addition, any Investor that invests at least $100,000 in the offering (the "Incentive Threshold"), will receive incentive shares (the "Incentive Shares") equal to their aggregate subscription amount multiplied by ten percent (10%). Accordingly, we may issue up to 750,000 Incentive Shares, assuming all Investors meet the Incentive Threshold. Each share of Series B Preferred Stock will pay a 7.5% annual dividend ("Dividends"). Dividends will be paid in cash on a quarterly basis beginning on the last day of a calendar quarter after such Offered Shares are sold.

The Company is not aware of any unasserted claims or assessments that are probable of assertion and would require disclosure or recognition under ASC 450 as of June 30, 2025.

**NOTE 10 – SUBSEQUENT EVENTS**

The Company evaluated subsequent events through September 5, 2025, the date the financial statements were available to be issued.

Between July 1, 2025, and September 5, 2025, we raised $93,544 through the issuance of convertible notes, bearing the same terms as the $225,000 convertible notes described in Note 6 to the financial statements (e.g., convertible into the Series B Preferred Stock at the holders option with an annual interest rate of 8% and a 30% bridge fee and maturing 12 months from issuance). Of the proceeds, $50,000 was paid to Amber Cloud Company, LLC on July 15, 2025, as a partial payment under an option agreement to acquire Amber cloud Company, the entity that owns Jones Farms, as detailed in Note 4. The remaining $43,544 was used for working capital to support ongoing operations.

On August 21, 2025, we entered into an option agreement with Saxon Investments Inc. Cremona Farms has 160 acres of land with a 60,000 sq feet indoor, climate controlled grow facility for growing marijuana for both medicinal and recreational purposes. It is fully licensed by the Province of Alberta and Health Canada for growing marijuana and has long term off-take agreements with both processors and wholesalers for it harvests. The facility is capable of producing 6,000 Kg of flower per year, depending on the strains ordered by customers

Per the option agreement, we have an option to 49% ownership in Formosa Mountain, Ltd., the entity that owns the land and the equipment for $8.9 million. We have until August 31, 2026 to exercise any part of this option. If the entire option is exercised and we purchase the land, we would receive $54,000 in monthly rent from the operator, 2323414 Alberta Ltd, a subsidiary company of CannaPharmaRX, Inc. who is also the guarantor and indemnifier of the lease. In addition, we would expect to receive approximately $61,250 in monthly usage fees for the equipment and the expertise provided to the operator by us. As we expect the revenues to increase at Cremona, we expect the usage fee to increase commensurately.

In addition to the option agreement to purchase 49% of the land and equipment, we also have an option to lend the operator $3 million to further expand its facilities. The Note has a term of one (1) year from the date that Gro invests the capital and carries an annual interest rate of 15% paid monthly in arrears. By investing this additional $3 million into the operator, we believe that it will allow the operator to greatly accelerate growth of its business and thus increase the payments to us through the variable payments section of the operating lease.

 

As of the date hereof, we have not exercised the option agreement to purchase the land, facilities, and equipment for Cremona Farms. We anticipate that we would exercise the entire option in the event that we are able to raise at least $37.5 million in the offering.

No other events have occurred subsequent to June 30, 2025, that require adjustment to or disclosure in the financial statements.

**PART III — EXHIBITS**

Index to Exhibits

---

| | |
|:---|:---|
| Exhibit | Description |
| 2.1\* | [Amended and Restated Articles of Incorporation](groestate_ex0201.htm) |
| 2.2\* | [Bylaws of the Company adopted August 21, 2025](groestate_ex0202.htm) |
| 2.3# | Series B 7.5% Participating Preferred Stock Certificate of Designation as filed with the Wyoming Secretary of State on [\*], 2025 |
| 3.1\* | [Form of Convertible Promissory Notes Issued between February 2025 and August 2025](groestate_ex0301.htm) |
| 3.2\*+# | [Consulting Agreement between the Company and PLC International Investments Inc. (Dominic Colvin) dated March 1, 2025](groestate_ex0302.htm) |
| 3.3\*+# | [Consulting Agreement between the Company and 1082900 BC Ltd. (Dean Medwid) dated May 20, 2025](groestate_ex0303.htm) |
| 3.4\* | [Partially Binding Term Sheet for Community Gardens Project dated August 21, 2025](groestate_ex0304.htm) |
| 3.5\* | [Option Agreement for Cremona Farms Project dated August 21, 2025](groestate_ex0305.htm) |
| 3.6\* | [Option with The Amber Cloud Company, LLC for the Jones Farms Project dated February 1, 2025](groestate_ex0306.htm) |
| 3.7\* | [Side Agreement with The Amber Cloud Company, LLC dated August 29, 2025](groestate_ex0307.htm) |
| 3.8\*+ | [Form of the Company's Standard Restricted Stock Purchase Agreement](groestate_ex0308.htm) |
| 4.1# | Form of Subscription Agreement for Series B 7.5% Participating Preferred Stock |
| 11.1# | Consent of Silvestre Law Group, P.C. (included in the opinion filed as Exhibit 12.1) |
| 12.1# | Legal Opinion of Silvestre Law Group, P.C. |
| 99.1\* | [Code of Ethics and Business Conduct](groestate_ex9901.htm) |

---

+ Management contract or compensatory plan or arrangement. <br> \* Filed herewith. <br> # To be filed by amendment.

**SIGNATURES**

Pursuant to the requirements of Regulation A, the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form 1-A and has duly caused this Offering Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Sheridan, State of Wyoming, on September 5, 2025.

(Exact name of issuer as specified in its charter): <u>GroEstate Inc.</u>

This Offering Statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By (Signature and Title): | */s/ Dominic Colvin* |
|  | Dominic Colvin, Chief Executive Officer and Chief Financial Officer |

---

(Date): September 5, 2025

SIGNATURES OF DIRECTORS:

---

| | |
|:---|:---|
| */s/ Dominic Colvin* | September 5, 2025 |
| Dominic Colvin, Chairman | Date |
| */s/ Dean Medwid* | September 5, 2025 |
| Dean Medwid, Director | Date |

---

## Ex1A-2A

**Exhibit 2.1**

**ARTICLE I**

**NAME OF THE CORPORATION**

The name of the Corporation shall be: GroEstate Inc.

**ARTICLE II**

**PERPETUAL DURATION OF THE CORPORATION** 

The period of this Corporation's duration is perpetual.

**ARTICLE III**

**PURPOSE**

The purpose of the Corporation is to engage in any lawful act or activity for which a corporation may be organized under the Wyoming Business Corporation Act.

**ARTICLE IV**

**AUTHORIZED CAPITAL**

4.1. <u>Authorized Capital Stock</u>. The aggregate number of shares of all classes of capital stock which this Corporation shall have authority to issue is thirty million one thousand (30,001,000) shares, whereby (i) one million (1,000,000) of such shares shall be common stock, par value $0.001 per share, as described herein ("**Common Stock**"), (ii) twenty nine million (29,000,000) of such shares shall be preferred stock, par value of $0.001 per share as described herein, and having such rights, preferences, powers, privileges and restrictions, qualifications and limitations as determined by the Board of Directors, from time to time ("**Preferred Stock**"), and (iii) one thousand (1,000) of shares of Series A Preferred Stock, par value $0.001 per share, as described herein ("**Series A Preferred Stock**").

4.2. <u>No Shareholder debts; Transfer Restrictions</u>. The capital stock, after the amount of the subscription price has been paid in, shall not be subject to assessment to pay the debts of the Corporation. The Board of Directors shall have the authority to impose restrictions upon the transfer of the capital stock of the Corporation as it deems necessary in the best interests of the corporation or as required by law.

4.3. <u>Consideration</u>. Any stock of the Corporation may be issued for money, property, services rendered, labor done, cash advances for the Corporation, or for any other assets of value in accordance with the action of the Board of Directors, whose judgment as to value received in return therefor shall be conclusive and said stock when issued shall be fully paid and non-assessable.

4.4. <u>Common Stock</u>. The holders of Common Stock shall have and possess all rights as shareholders of the Corporation, including such rights as may be granted elsewhere by these Amended and Restated Articles, except as such rights may be limited by the preferences, privileges and voting powers, and the restrictions and limitations of the Preferred Stock.

4.5. <u>Preferred Stock</u>. Except for the Series A Preferred Stock, which is already designated pursuant to these Amended and Restated Articles, the Board is expressly vested with the authority to divide any or all of the Preferred Stock into one or more series and to fix and determine the relative rights and preferences of the shares of each series so established. The Board shall exercise the foregoing authority by adopting a resolution setting forth the designation of each series and the number of shares therein, and fixing and determining the relative rights and preferences thereof. The Board may make any change in the designations, terms, limitations or relative rights or preferences of any series in the same manner, so long as no shares of such series are outstanding at such time. Within the limits and restrictions, if any, stated in any resolution of the Board originally fixing the number of shares constituting any series, the Board is authorized to increase or decrease (but not below the number of shares of such series then outstanding) the number of shares of any series subsequent to the issue of shares of such series. In case the number of shares of any series shall be so decreased, the share constituting such decrease shall resume the status which they had prior to the adoption of the resolution originally fixing the number of shares of such series.

The Board is hereby authorized to create and issue, whether or not in connection with the issuance and sale of any of stock or other securities or property of the Corporation, rights entitling the holders thereof to purchase from the Corporation shares of stock or other securities of the Corporation or any other corporation. The times at which and the terms upon which such rights are to be issued will be determined by the Board and set forth in the contracts or instruments that evidence such rights.

4.6. <u>Series A Preferred Stock</u>. The holders of Series A Preferred Stock shall only have the rights, preferences, and privileges set forth in Article 11 of these Amended and Restated Articles, except for other rights legally required under the Wyoming Business Corporation Act.

**ARTICLE V**

**CUMULATIVE VOTING**

Cumulative voting for the election of directors shall not be permitted.

**ARTICLE VI**

**PREEMPTIVE RIGHTS**

No holder of any capital stock of the Corporation shall be entitled, as a matter of right, to purchase, subscribe for or otherwise acquire any new or additional shares of stock of the Corporation of any class, or any options or warrants to purchase, subscribe for or otherwise acquire any such new or additional shares, or any shares, bonds, notes, debentures or other securities convertible into or carrying options or warrants to purchase, subscribe for or otherwise acquire any such new or additional shares unless specifically authorized by the Board.

**ARTICLE VII**

**BOARD OF DIRECTORS**

The governing board of this Corporation shall be known as directors, and the number of the directors may from time to time be increased or decreased in such manner as shall be permitted by the bylaws of this Corporation ("**Bylaws**"). There shall not be fewer than one member of the Board.

**ARTICLE VIII**

**SHAREHOLDER VOTING ON CORPORATE ACTIONS**

Any action required or permitted by the Wyoming Business Corporation Act to be taken at a shareholders' meeting may be taken without a meeting, and without prior notice, if consents in writing setting forth the action so taken are signed by the holders of outstanding shares having not less than the minimum number of votes that would be required to authorize or take the action at a meeting at which all shares entitled to vote on the action were present and voted. The written consent shall bear the date of signature of the shareholder(s) who signs the consent and be delivered to the corporation for inclusion in the minutes or filing with the corporate records.

**ARTICLE IX**

**INDEMNIFICATION**

9.1. <u>Indemnification</u>. To the fullest extent permitted by the Wyoming Business Corporation Act, as it now exists or may hereafter be amended, no director of the Corporation shall be personally liable to the Corporation or its shareholders for monetary damages for any action taken, or any failure to take action, as a director. The Corporation shall indemnify, to the fullest extent permitted by applicable law, any person, and the estate and personal representative of any such person, against all liability and expense (including attorneys' fees) incurred by reason of the fact that he is or was a director or officer of the Corporation. The Corporation may, by action of its Board, provide indemnification and advancement of expenses to employees, fiduciaries, and agents of the Corporation, and to any person serving at the request of the Corporation in any such capacity with another entity, to the same extent as provided to directors and officers.

9.2. <u>Expense Advancement</u>. The Corporation shall advance expenses in advance of the final disposition of the case to or for the benefit of a director or officer, or other applicable person, who is a party to a proceeding such as described in the preceding paragraph 9.1. to the maximum extent permitted by applicable law.

9.3. <u>Stockholder Repeal</u>. Any repeal or modification of the foregoing paragraphs contained in Article IX by the shareholders of the Corporation shall not adversely affect any right or protection of a director or officer, or other person of the Corporation entitled to indemnification existing at the time of such repeal or modification.

**ARTICLE X**

**LIMITATIONS OF LIABILITY**

10.1. <u>Limitation of Liability for Directors</u>. To the fullest extent permitted by the Wyoming Business Corporation Act, as it exists or may be amended, no director shall be personally liable to the Corporation or its shareholders for monetary damages for any action taken, or failure to take action, as a director, except for liability:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) for a financial benefit received to which the director is not entitled;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) for intentional infliction of harm on the Corporation or its shareholders;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) for unlawful distributions under W.S. § 17-16-833; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) for an intentional violation of criminal law.

10.2. <u>Stockholder Repeal</u>. Any repeal or modification of the foregoing paragraph 10.1 by the shareholders of the Corporation shall not adversely affect any right or protection of a director of the Corporation existing at the time of such repeal or modification.

**ARTICLE XI**

**DESIGNATION OF SERIES A PREFERRED STOCK**

11.1. <u>Voting Rights</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each share of Series A Preferred Stock shall entitle the holder to vote the equivalent of 1,000 shares of Common Stock on all matters submitted to the stockholders of the Corporation, voting together with the holders of Common Stock and any other class or series of stock entitled to vote, as a single class, so long as at least one (1) shares of Series A Preferred is outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Except as otherwise required by law, the Series A Preferred Stock shall vote together with the Common Stock and not as a separate class.

11.2 <u>No Dividends</u>. Except as required by law, the Series A Preferred Stock shall not be entitled to receive dividends or other distributions, whether in cash, securities, or other property.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.3. <u>No Liquidation</u>. Except as required by law, upon any liquidation, dissolution, or winding up of
the Corporation, whether voluntary or involuntary, the holders of Series A Preferred Stock shall not be entitled to receive any distribution
of the Corporation's assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.4. <u>No Conversion Rights</u>. The shares of Series A Preferred Stock shall not be convertible into any
other class or series of stock, or into any other securities of the Corporation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.5. <u>No Preemptive or Other Rights</u>. The Series A Preferred Stock shall have no preemptive, subscription,
or other similar rights to acquire any securities of the Corporation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.6. <u>Non-Transferability</u>. The Shares of Series A Preferred Stock shall be non-transferable, except with
the prior written consent of the Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.7. <u>Redemption Rights</u>. Beginning on the date of issuance, the shares of the Series A Preferred Stock
will be redeemable by the Corporation (i) upon the mutual written agreement of each holder of Series A Preferred Stock, or (ii) upon a
Change of Control. The redemption price per share shall be equal to the par value of the Series A Preferred Stock. For purposes of this
Section 11.7, "**Change of Control**" shall mean (i) a sale of all or substantially all of the Corporation's assets
other than to an Excluded Entity, (ii) a merger, consolidation or other capital reorganization or business combination transaction of
the Corporation with or into another corporation, limited liability company or other entity other than an Excluded Entity, or (iii) the
consummation of a transaction, or series of related transactions, in which any "person" (as such term is used in Sections
13(d) and 14(d) of the Securities Exchange Act of 1934, as amended ()"**Exchange Act**") becomes the "beneficial owner"
(as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of all of the Corporation's then outstanding voting securities.
Notwithstanding the foregoing, a transaction shall not constitute a Change of Control if its purpose is to (a) change the jurisdiction
of the Corporation's incorporation, (b) create a holding company that will be owned in substantially the same proportions by the
persons who hold the Corporation's securities immediately before such transaction, or (c) obtain funding for the Company in a financing
that is approved by the Board. An " <u>Excluded Entity</u> " means a corporation, limited liability company or other entity
of which the holders of voting capital stock of the Corporation outstanding immediately prior to such transaction are the direct or indirect
holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation's, limited
liability company's or other entity's voting securities outstanding immediately after such transaction.

**ARTICLE XII**

**ADDRESS OF REGISTERED OFFICE AND REGISTERED AGENT**

12.1. <u>Registered Agent</u>. The name and mailing address of the registered agent who was the intiial incorporator of the corporation, is as follows:

Registered Agents Inc

30 N Gould St Ste R

Sheridan, WY 82801

12.2. <u>Principal Office</u>. The mailing address of the corporation's principal office is:

30 N Gould St Ste R

Sheridan, WY 82801

**ARTICLE XII**

**SEVERABILITY**

In the event any provision (including any provision within a single article, section, paragraph or sentence) of these Amended and Restated Articles should be determined by a court of competent jurisdiction to be invalid, prohibited or unenforceable for any reason, the remaining provisions and parts hereof shall not be in any way impaired and shall remain in full force and effect and enforceable to the fullest extent permitted by law.

**IN WITNESS WHEREOF**, I have hereunto set my hands this 11th day of July, 2025, hereby declaring and certifying that the facts stated hereinabove are true.

---

| | |
|:---|:---|
| By: | /s/ Dominick Colvin |
| Names: | Dominick Colvin |
| Title: | President, CEO, CFO and Treasurer |

---

## Ex1A-2B

**Exhibit 2.2**

**BYLAWS OF** 

**GROESTATE, INC.**

**ARTICLE I**

**(Offices)**

**Section 1.1. Principal Office**. The initial principal office of the above named corporation ("corporation") shall be at the office registered with the Wyoming Secretary of State at formation ("principal and registered office"). The board of directors governing the corporation ("board") may change the location of either the registered or principal office, or both, at its' sole discretion. The corporation may have such other offices and places of business, either within or outside of Wyoming, as the board may designate in its' sole discretion.

**Section 1.2. Registered Office**. The corporation shall continuously maintain a registered office in Wyoming. This office may, but need not, be identical to the principal office, but must have a street address and be a physical location where the corporation's registered agent can accept service of process. The board may change the registered office at its sole discretion.

**Section 1.3. Registered Agent**. The board shall appoint and maintain a registered agent. The registered agent shall be a Wyoming business entity registered as a commercial registered agent in Wyoming or an individual in the state of Wyoming. The business office of the registered agent may or may not be identical to the registered office of the corporation. The corporation shall maintain with the registered agent an effective, an agreement creating an agency relationship providing for acceptance of service of process by a natural person at the registered office. The registered agent may be changed at any time by the board in its' sole discretion.

**ARTICLE II**

**(Shareholders)**

**Section 2.1. Annual Meeting**. Unless, the board is elected by written consent in lieu of an annual meeting pursuant to Section 2.9 of these Bylaws, an annual meeting of the registered shareholders of the corporation ("shareholders") shall be held annually, at a time and date fixed by the board in its' sole discretion, or at such other time as may be determined by the board, for the purpose of electing directors and for the transaction of such other business as may lawfully and properly come before the meeting. If the election of directors is not held at the annual meeting, or at any adjournment thereof, the board shall cause the election to be held at a special meeting as soon thereafter as convenient.

**Section 2.2. Special Meetings**. Special meetings may be called (i) by the board in its' discretion or (ii) by the holders of at least ten percent (10%) of all the votes entitled to be cast on any issue proposed to be considered at the proposed special meeting provided that such demand is signed, dated, and delivered to the corporation for the meeting describing the purpose or purposes for which it is to be held.

**Section 2.3. Place of Meeting**. The board may designate in its' sole discretion any place inside or outside of Wyoming as the place for any annual or special meeting of shareholders. Any annual or special meeting may be done via remote communication if so determined by the board. If no designation is made, the place of the meeting shall be the registered office.

**Section 2.4. Notice of Meeting and Waiver**. The board shall provide notice, either through delivery or electronic means, of the date, time, place, and purpose and purposes of a meeting to all shareholders at each shareholder's record address no less than 10 nor more than 60 days in advance of the meeting. Written waiver of notice may be executed by any shareholder in advance of or during the meeting if filed with the minutes of the meeting. Attendance at the meeting is a waiver.

**Section 2.5. Conduct of Meeting**. The president shall call the shareholders' meeting to order and act as chairman. In the absence of a president or other executive officer of the corporation, any shareholder may call the meeting to order and a chairman shall be elected by a majority of the shareholders in attendance if a quorum is present. The chairman shall appoint a person to act as secretary who shall keep minutes and file them in the corporate records. The chairman shall determine the order of business and have the authority to establish rules for conduct of the meeting which are fair to all shareholders.

**Section 2.6. Fixing the Record Date; Shareholders' List**. The record date for a meeting shall be the close of business on the second business day preceding the date notice is given under Section 2.4. The secretary shall create a list specifying each shareholder's name and physical address, number of shares owned and each matter on which the shareholder is entitled to vote. This list shall be available for inspection by any shareholder during the meeting.

**Section 2.7. Quorum**. Unless otherwise provided by the articles of incorporation ("articles"), a majority of the outstanding shares entitled to vote, represented in person or by proxy, shall constitute a quorum. If a quorum is not represented, a majority of the shares present may adjourn the meeting to another date, time and place. Additional notice under Section 2.4 must then be given. At any adjourned meeting at which a quorum shall be present or represented, any business may be transacted which might have been transacted at the original meeting. Shareholders present at a duly convened meeting may continue to transact business notwithstanding the withdrawal of shareholders so that less than a quorum remains. If a quorum is present, the affirmative vote of a majority of the shares represented and entitled to vote on the subject matter shall be the act of the shareholders, unless the vote of a greater number or voting by classes is required by law or the articles.

**Section 2.8. Proxies**. At all meetings, a shareholder may vote in person or through a proxy executed in writing by the shareholder or the shareholder's duly authorized attorney-in-fact. The proxy shall be filed with the secretary before or at the meeting. No proxy shall be valid after six months from the date of execution. The death or incapacity of the shareholder appointing a proxy does not affect the right of the corporation to accept the proxy's authority unless notice of the death or incapacity is received by the secretary before or at the meeting.

**Section 2.9. Written Action by Shareholders**. The articles may provide that any action which may be taken at a meeting may be taken without a meeting, and without prior notice, if a consent in writing setting forth the action taken are signed by shareholders holding not less than the minimum number of shares that would be required to take the action at a meeting. The consent shall bear the date of signatures and be delivered to the secretary for inclusion in the minutes. If the articles do not provide for the foregoing consent, any action to be taken at a meeting may be taken without a meeting if a consent in writing setting forth the action taken is signed and dated by all shareholders entitled to vote. The consent shall bear the date of signatures and be delivered to the secretary for inclusion in the minutes. A consent signed under this section has the effect of action taken at a meeting of the shareholders and may be described as such in any document.

**ARTICLE III**

**(Board of Directors)**

**Section 3.1. General Powers**. The property, business, and affairs of the corporation shall be managed by the board, except as otherwise provided in the Wyoming Business Corporation Act or the articles. The board shall have all powers to act as set forth in the laws of Wyoming.

**Section 3.2. Performance of Duties**. A director shall perform the duties of a director in good faith and in a manner reasonably believed to be in the best interests of the corporation with such care as an ordinarily prudent person in a like position would use under similar circumstances. Each directors' actions shall be subject to the business judgment rule and each director shall be free from liability to the full extent provided by the Wyoming Business Corporation Act.

**Section 3.3. Number, Tenure and Qualifications**. The number of directors shall initially be set, and the members to the board appointed, as specified during the initial organizational meeting of the corporation. The shareholders or the board may change the number of directors at any time unless set in the articles. Each director shall hold office until the director resigns or is removed. Directors shall be 18 years of age or older and need not be residents of Wyoming or shareholders.

**Section 3.4. Resignation**. A director may resign at any time by written or electronic notice delivered to the board, its chairman, or to the corporation at its registered address. Resignation is effective when delivered unless (i) a later date is specified or (ii) an effective date is subsequently to be determined on the happening of an event or events.

**Section 3.5. Removal**. A director may be removed only at a shareholders' meeting. Notice of the meeting shall state the purpose of the meeting. The director may be removed with or without cause unless the Articles require otherwise. Any director may also be removed by judicial action under the Wyoming Business Corporation Act Section 17-16-809.

**Section 3.6. Vacancies**. Any vacancy occurring in the board may be filled by the: (i) shareholders; (ii) board; or (iii) directors remaining in office even if they do not constitute a quorum. A vacancy which may occur on the happening of a subsequent event may also be filled in this manner, but the new director may not take office until the vacancy occurs.

**Section 3.7. Meetings**. The board may hold regular or special meetings within or outside of Wyoming and may participate by, or conduct the meeting using, any means of communication, including electronic transmission. A director participating in a meeting is required to be present in person at the meeting, either physically or by electronic transmission, including teleconference or video conferencing software.

**Section 3.8. Notice and Waiver**. If regular meetings of the board are held, notice of the date, time, place, or purpose of the meeting is not necessary. Notice of any special meeting shall be given at least two days prior to the meeting and must state the date, time, and place of the meeting, but does not need to state the purpose of the meeting. A director may waive notice by a signed writing filed with the corporate records. Notice does not need to be in writing if the director waives by attendance.

**Section 3.9. Quorum**. A majority constitutes a quorum at a board meeting. If less than a majority is present, a majority of those present may adjourn to another date, place, and time without further notice. A director who is present at a meeting when corporate action is taken is deemed to have assented to the action unless the director:

(i) objects at the beginning to holding the meeting; (ii) enters a dissent or abstention from the action taken into the minutes; or (iii) delivers written notice of dissent or abstention to the secretary before adjournment.

**Section 3.10. Manner of Acting**. If a quorum is present, the affirmative vote of a majority present shall be the act of the board, unless the vote of a greater number is required by law or the articles.

**Section 3.11. Compensation**. Unless otherwise provided in the articles, the board shall have full authority to fix, from time to time, the compensation of directors, including fees, retainers, and reimbursement for expenses, in such amounts and on such terms as the board deems fair and reasonable. Directors may also receive equity awards or deferred compensation, subject to applicable law and any plan approved by the board.

**Section 3.12. Committees**. The board may designate two or more directors to constitute a committee, which shall have either the authority of the board or a lesser designated authority. No delegation of authority by the board shall relieve the board or any director from any responsibility imposed by law. The board shall have the power to fill vacancies in, to change the size or constituent membership of and to discharge any committee. Each committee shall keep a written record of its acts and shall submit this record at such times as requested by the board.

**Section 3.13. Written Action by Directors**. Unless the articles provide otherwise, action to be taken by the board may be taken without a meeting if the action is taken by the requisite number of members through a signed written consent describing the action taken and included in the minutes or resolutions. If this action is not taken unanimously, the corporation shall give the nonconsenting directors written notice describing action taken. This notice requirement shall not delay the effectiveness of those actions taken and a failure to comply with the requirement shall not invalidate the actions; provided that this subsection shall not be deemed to limit judicial power to fashion any appropriate remedy in favor of a director adversely affected by a failure to give the notice within the required time period. A consent signed under this section has the effect of action taken at a meeting of the board of directors and may be described as such in any document.

**Section 3.14. Electronic Meetings**. Members of the board or any committee may participate in a meeting by means of electronic medium. Electronic participation constitutes presence in person.

**Section 3.15. No Liability of a Director**. A director shall not be liable to the corporation or its shareholders for any action or decision taken or not taken unless the conduct resulted from: (i) an action not taken in good faith; (ii) a decision: (a) which the director did not reasonably believe to be in, or at least not opposed to, the best interests of the corporation, or (b) as to which the director was not informed to an extent appropriate in the circumstances; (iii) a lack of objectivity due to the director's familial, financial or business relationship with, or a lack of independence due to, the director's domination or control by, another person having a material interest in the challenged conduct, which relationship or which domination or control could reasonably be expected to have affected the director's judgment respecting the challenged conduct in a manner adverse to the corporation; (iv) sustained failure of the director to devote attention to ongoing oversight of the corporation's business and affairs, or a failure to devote timely attention, by making or causing to be made appropriate inquiry, when particular facts and circumstances of significant concern materialize that would alert a reasonably attentive director to the need therefore; or (v) receipt of a financial benefit to which the director was not entitled or any other breach of the director's duties to deal fairly with the corporation and its shareholders that is actionable under applicable law. The party asserting liability for money damages must establish that the corporation or shareholders suffered harm and the harm was proximately caused by the director. For money payment under a legal remedy, such as compensation for the unauthorized use of corporate assets, the party asserting liability must also prove that the payment sought is appropriate under the circumstances.

**Section 3.16. Corporate Opportunities**. A director's taking advantage of an opportunity is not subject to equitable relief or an award of damages or other relief on the grounds that the opportunity should have first been offered to the corporation if before becoming legally obligated respecting the opportunity, the director brings it to the attention of the corporation and: (i) all other directors disclaim the corporation's interest in the opportunity in the same manner as if the decision being made concerned a director's conflicting interest transaction; or (ii) all shareholders disclaim the corporation's interest in the opportunity in the same manner as if the decision being made concerned a director's conflicting interest transaction, except that, rather than making the required disclosure, the director shall have made prior disclosure to those acting on behalf of the corporation of all material facts concerning the business opportunity that are then known to the director. In any proceeding seeking relief based on an improper taking advantage of a business opportunity, the fact that the director did not employ the procedures described above shall not create an inference that the opportunity should have been first presented to the corporation.

**ARTICLE IV**

**(Officers)**

**Section 4.1. General**. The corporation shall have the officers the board appoints. One individual may simultaneously serve in more than one position. The board shall assign to one officer the responsibility of maintaining and authenticating corporate records required by the Wyoming Business Corporation Act Section 17-16-1601(a) and (e). Officers shall be elected by the board at its' sole discretion. Each officer shall hold office until a successor is elected and qualified or the officer's death, resignation or removal. An officer may be removed by the board at any time with or without cause. The board, in its' sole discretion, may fill any vacancy. The appointment of an officer does not in and of itself create contract rights.

**Section 4.2. Duties**. The duty of an officer includes the obligation to inform the board: (i) about the affairs of the corporation known to the officer which are within the scope of the officer's functions and known to be material; and (ii) of any actual or probable material violation of law involving the corporation or material breach of duty by an officer, employee or agent that the officer believes has occurred or is likely to occur. In discharging these duties an officer who does not have knowledge is entitled to rely on: (1) the performance of properly delegated responsibilities by one or more employees whom the officer reasonably believes to be reliable and competent; and (2) information, opinions, reports or statements prepared or presented by one or more employees whom the officer reasonably believes to be reliable and competent or by legal counsel, public accountants or other persons retained as to matters involving skills the officer reasonably believes are matters: (a) within the particular person's professional or expert competence; or (b) as to which the particular person merits confidence.

**Section 4.3. Resignation**. An officer may resign at any time by delivering notice to the board. Resignations are effective when delivered, unless a later effective time is specified, and the board accepts the future time. The board may fill the vacancy before the effective time if the successor does not take office until the resignation's effectiveness.

**Section 4.4. Removal**. An officer may be removed at any time with or without cause by: (i) the board; or (ii) an officer authorized by the board.

**ARTICLE V**

**(Stock and Records)**

**Section 5.1. Share Ledger and Form of Stock**. Stock shares may be represented by an electronic ledger, at the discretion of the corporation. This ledger, unless shares are issued in the form of certificate tokens, as provided in Section 5.2, shall contain the following: (i) name and physical address of the person to whom shares have been issued or in the case of a certificate token, the name and physical address of the person to whom shares have been issued and the data address to which the token was issued; (ii) date of issuance and cancellation, if any; and (iii) number and class of shares and the designation of the series, if any, the certificate represents. The person whose name shares of stock stand on the books of the corporation shall be deemed the owner and holder of record for all purposes. Once issued, shares are nonassessable.

**Section 5.2. Certificate Tokens**. All or a portion of the shares may be represented in the form of certificate tokens. The electronic message, command or transaction that transmits the certificate tokens to the data address to which a certificate token was issued shall be authorized at the time of issuance by one or more messages, commands or transactions signed with the network signatures of two shareholders of the corporation or the approval of the board.

As used in this section:

"*Blockchain*" means a digital ledger or database which is chronological, consensus based, decentralized and mathematically verified in nature;

"*certificate token*" means a representation of shares that is stored in an electronic format which contains the information specified under subsections (b) and (c) of this section, and this information is: (i) entered into a blockchain or other secure, auditable database; (ii) linked to or associated with the certificate token; and (iii) able to be transmitted electronically to the issuing corporation, the person to whom the certificate token was issued and any transferee.

**Section 5.3. Corporate Records**. The corporation shall keep a permanent record of (i) all minutes of all meetings of shareholders and the board; (ii) all actions taken by shareholders or the board without a meeting; (iii) all actions taken by a committee; (iv) a shareholder ledger if required under Section 5.1; and (v) all appropriate accounting records. Records may be kept in the form of an information storage device or method or any one or more distributed or other electronic networks or databases provided that the records are kept in written form or in another form capable of conversion into written form within a reasonable time.

The corporation shall also keep a permanent record of: (a) Its articles as amended and restated; (b) Its bylaws as amended and restated; (c) All written communications to shareholders generally within the past three years, including the financial statements furnished for the past three years under the Wyoming Business Corporation Act Section 17-16-1620; (d) A list of the names and business addresses of its current directors and officers; and (e) Its most recent annual report delivered to the Wyoming Secretary of State.

**Section 5.4. Financial Statements**. The corporation shall furnish by mail, in a reasonable time after a request in writing by a shareholder, annual financial statements for the preceding fiscal year that include a balance sheet as of the end of the year and an income statement and cash flow statement for that year, to the extent they have been completed by the corporation; *provided however* that if such financial statements have been filed on the United States Securities and Exchange Commission's, Electronic Data Gathering, Analysis and Retrieval System ("EDGAR"), they will be deemed furnished to the shareholders. If not, a copy of the federal income tax return satisfies this requirement. The corporation shall mail to the requesting shareholder the annual financial statements within a reasonable time after request.

**Section 5.5. Shareholder Inspection**. A shareholder is entitled to inspect and copy, during regular business hours at the corporation's principal office, any of the records the corporation is required to keep if the shareholder gives written notice at least five business days before the date on which the shareholder wishes to inspect and copy. A shareholder may inspect and copy the records if:

(i) the demand is made in good faith and for a proper purpose; (ii) the shareholder describes the purpose and the records to be inspected; and (iii) the records are directly connected with the shareholder's purpose. A shareholder's agent or attorney has the same inspection and copying rights as the shareholder. The corporation may impose a reasonable charge covering the costs of the shareholder's request.

**Section 5.6. Director Inspection**. A director may inspect and copy records at the principal office of the corporation or to be provided such information in paper or electronic form.

**ARTICLE VI**

**(Indemnification of Officers and Directors)**

The Corporation shall indemnify the directors, officers, agents and employees of the Corporation in the manner and to the full extent provided in the Wyoming Business Corporation Act. Such indemnification may be in addition to any other rights to which any person seeking indemnification may be entitled under any agreement, vote of stockholders or directors, any provision of these Bylaws or otherwise. The directors, officers, employees and agents of the Corporation shall be fully protected individually in making or refusing to make any payment or in taking or refusing to take any other action under this Article VI in reliance upon the advice of counsel.

**ARTICLE VII**

**(Instruments; Loans)**

**Section 7.1. Execution of Instruments**. The president or CEO has the power to execute and deliver on behalf of and in the name of the corporation any instrument requiring the signature of an officer. The president may delegate this authority. If no president or CEO is serving, a member of the board may sign. If no board member is serving, a shareholder may sign.

**Section 7.2. Loans**. The corporation may lend money to, guarantee the obligations of, and otherwise assist directors, officers and employees of the corporation and any other corporation which the corporation owns a majority of the voting stock in after complying with the Wyoming Business Corporation Act. No loans shall be contracted for on behalf of the corporation and no evidence of indebtedness shall be issued in its name unless authorized by a resolution of the board.

**ARTICLE VIII**

**(Miscellaneous)**

**Section 8.1. Amendments**. The board shall have the power to alter, amend or repeal the bylaws or adopt new bylaws at any meeting of the board, subject to repeal or change by action of the shareholders.

**Section 8.2. Emergency Bylaws**. Subject to repeal or change by action of the shareholders, the board may adopt emergency bylaws in accordance with and pursuant to the provisions of the Wyoming Business Corporation Act.

[Remainder of Page Intentionally Left Blank]

**GROESTATE, Inc.** 

**a Wyoming corporation**

**CERTIFICATE OF ADOPTION OF BYLAWS**

The undersigned hereby certifies that he or she is the duly elected, qualified, and acting Chief Executive Officer of GroEstate, Inc., a Wyoming corporation and that the foregoing bylaws, comprising nine (9) pages, were adopted as the corporation's bylaws on August 21, 2025 by the corporation's board of directors as provided for in the corporation's articles of incorporation filed with the Wyoming secretary of state.

IN WITNESS WHEREOF, the undersigned has hereunto set his or her hand this 21<sup>st</sup> day of August, 2025.

<u>/s/ Dominic Colvin</u> 

Dominic Colvin

Chief Executive Officer

## Ex1A-3

**Exhibit 3.1**

**NEITHER THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS INSTRUMENT NOR THE SECURITIES INTO WHICH THIS INSTRUMENT ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT.** 

---

| | |
|:---|:---|
| **Principal Amount $[\*]** | **Initial Issuance Date: [\*]** |

---

**<u>CONVERTIBLE PROMISSORY NOTE</u>**

**FOR VALUE RECEIVED**, **GroEstate, Inc.**, a Wyoming corporation (hereinafter called the "Borrower"), hereby promises to pay to the order of [_______], or registered assigns (the "Holder"), the sum of [_________] dollars <u>($[\*])</u> ("Principal Amount") together with any interest as set forth herein, on February 26, 2026 (the "<u>Maturity Date</u>");, and to pay interest on the unpaid principal balance hereof at the rate of eight percent (8%) (the "Interest Rate") per annum from Initial Issuance Date (the "Issue Date") until the same becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. This Convertible Promissory Note (the "Note") may be prepaid in whole or in part as set forth herein. Any amount of principal or interest on this Note which is not paid when due shall bear interest at the rate of eighteen percent (18%) per annum from the due date thereof until the same is paid ("Default Interest"). Interest shall be computed on the basis of a 365-day year. Interest shall commence accruing quarterly on the Issue Date and shall be payable on a quarterly basis with the first such payment commencing at the end of the six-month anniversary of the Issue Date.

This Note shall also contain a 30% bridge fee (the "Bridge Fee"). This fee shall be paid when this Note is repaid and/or converted as a fixed fee equal to 30% of the Principal Amount.

All payments due hereunder (to the extent not converted into Borrower stock in accordance with the terms hereof) shall be made in lawful money of the United States of America. All payments shall be made at such address as the Holder shall hereafter give to the Borrower by written notice made in accordance with the provisions of this Note. Each capitalized term used herein, and not otherwise defined, shall have the meaning ascribed thereto in that certain Exchange Agreement dated the date hereof, pursuant to which this Note was originally issued (the "Exchange Agreement").

This Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Borrower and will not impose personal liability upon the Holder thereof.

This Note is unsecured but senior to any outstanding debts of the Borrower and will rank pari passu with any other future note or debentures having similar terms to this Note.

The following terms shall apply to this Note:

1. CONVERSION RIGHTS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 <u>Conversion</u>. At any time prior to the Maturity Date, the Holder shall have the right to convert all or any part of the outstanding and unpaid balance of this Note into fully paid and non-assessable shares of the Company's Series B Preferred Stock, when designated ("Series B Preferred" or "Preferred") at a conversion price equal to the price of the Preferred being offered in the Borrower's upcoming Regulation A offering (the "<u>Conversion Price</u>"). If no Series B Preferred has been designated or authorized by the Company, then the Note may only be repaid in cash.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 <u>Method of Conversion</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Mechanics of Conversion</u>. As set forth in Section 1.1 hereof, this Note, accrued interest and Bridge Fees may be converted by the Borrower by submitting a notice of conversion ("Notice of Conversion"), in the form attached hereto as **<u>Exhibit A</u>** (by facsimile, e-mail or other reasonable means of communication dispatched on the Maturity Date prior to 6:00 p.m., New York, New York time).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Surrender of Note Upon a Discretionary or Conversion</u>. Upon conversion of the entire outstanding principal, interest and applicable fee, balance of this this Note in accordance with the terms hereof, the Holder shall be required to physically surrender this Note to the Borrower. The Holder and the Borrower shall maintain records showing the amounts so converted and the dates of such conversions or shall use such other method, reasonably satisfactory to the Holder and the Borrower, so as not to require physical surrender of this Note upon each such conversion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Delivery of Preferred Stock Upon Conversion</u>. Upon delivery by the Borrower of a Notice of Conversion as provided for in this Section 1.2, the Borrower shall issue and deliver or cause to be issued and delivered to the Holder the Series B Preferred electronically held for the holder at the Borrower's transfer agent. The Series B Preferred will be issued within five (5) business days after receipt of the Notice of Conversion (the "Deadline") (and, solely in the case of conversion of the entire unpaid principal amount hereof, surrender of this Note). Subject to Section 1.1, upon receipt of a Notice of Conversion, the Holder shall be deemed to be the holder of record of the Series B Preferred issuable upon such conversion, the outstanding principal amount and the amount of accrued and unpaid interest and Bridge Fees on this Note shall be reduced to reflect such conversion, and all rights with respect to the portion of this Note being so converted shall forthwith terminate except the right to receive the Series B Preferred or cash, as herein provided, on such conversion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 <u>Concerning the Series B Preferred Stock</u>. The Preferred issuable upon conversion of this Note may not be sold or transferred unless: (i) sold or transferred as part of a privately negotiated transaction, (ii) as applicable under appropriate laws and jurisdictions, or (iii) such Preferred are transferred to an "affiliate" (as defined in Rule 144) of the Borrower who agrees to sell or otherwise transfer the Preferred Stock only in accordance with this Section 1.3 and who is an Accredited Investor (as defined in the Exchange Agreement).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 <u>Conversion or Repayment Upon the Maturity Date</u>. On the Maturity Date, if not earlier converted by the Holder, the Borrower shall make payment to the Holder of an amount in cash equal to the sum of: (a) the then outstanding principal amount of this Note <u>plus</u> (b) accrued and unpaid interest on the unpaid principal amount of this Note as of the date of payment <u>plus</u> (c) accrued and unpaid Bridge Fees as of the date of payments plus (d) Default Interest, if any, on the amounts referred to in clauses (a) and (b).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 <u>Prepayment</u>. The Borrower shall have the right, exercisable on not more than three (3) Trading Days prior written notice to the Holder of the Note to prepay the outstanding Note (principal, accrued interest and accrued Bridge Fees), in full, in accordance with this Section 1.5. Any notice of prepayment hereunder (an "Optional Prepayment Notice") shall be delivered to the Holder of the Note at its registered addresses and shall state: (1) that the Borrower is exercising its right to prepay the Note, and (2) the date of prepayment which shall be not more than three (3) Trading Days from the date of the Optional Prepayment Notice. On the date fixed for prepayment (the "Optional Prepayment Date"), the Borrower shall make payment of the Optional Prepayment Amount (as defined below) to Holder(s), or upon the direction of the Holder as specified by the Holder in a writing to the Borrower (which direction shall to be sent to Borrower by the Holder at least one (1) business day prior to the Optional Prepayment Date). If the Borrower exercises its right to prepay the Note, the Borrower shall make payment to the Holder of an amount in cash equal to the sum of: (a) the then outstanding principal amount of this Note <u>plus</u> (b) accrued and unpaid interest on the unpaid principal amount of this Note as of the date of payment <u>plus</u> (c) accrued and unpaid Bridge Fees as of the date of payment plus (d) Default Interest, if any, on the amounts referred to in clauses (a) and (b) (the "Optional Prepayment Amount"). Upon receipt of such Optional Prepayment Notice, Holder may instead elect to convert the Note pursuant to Section 1.1 above. In the event that the Borrower decides to prepay the Note(s) it shall offer prepayment to each Holder based on the date of the investment based on a first in – first out methodology.

2. EVENTS OF DEFAULT

Each of the following will constitute an event of default (each, an "Event of Default"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1<u>Failure to Pay the Outstanding Balance</u>. The Borrower fails to pay the principal, interest and any applicable costs and fees when due on this Note, whether on the Maturity Date or upon acceleration and such breach continues for a period of five (5) days after written notice from the Holder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2<u>Conversion and the Preferred Stock</u>. The Borrower fails to issue the Series B Preferred to the Holder pursuant to Section 1 of this Note or announces or threatens in writing that it will not honor its obligation to do so upon exercise by the Holder or the Borrower of their conversion rights in accordance with the terms of this Note.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3<u>Breach of Covenants</u>. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Exchange Agreement and such breach continues for a period of twenty (20) days after written notice thereof to the Borrower from the Holder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4<u>Breach of Representations and Warranties</u>. Any representation or warranty of the Borrower made herein or in any agreement, statement or certificate given in writing pursuant hereto or in connection herewith (including, without limitation, the Exchange Agreement), shall be false or misleading in any material respect when made and the breach of which has (or with the passage of time will have) a material adverse effect on the rights of the Holder with respect to this Note or the Exchange Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5<u>Receiver or Trustee</u>. The Borrower or any subsidiary of the Borrower shall make an assignment for the benefit of creditors, or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of its property or business, or such a receiver or trustee shall otherwise be appointed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6<u>Bankruptcy</u>. Bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings, voluntary or involuntary, for relief under any bankruptcy law or any law for the relief of debtors shall be instituted by or against the Borrower or any subsidiary of the Borrower.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6<u>Liquidation</u>. Any dissolution, liquidation, or winding up of Borrower or any substantial portion of its business.

Upon the occurrence and during the continuation of any Event of Default and upon delivery of a written notice of default (a "Notice of Default") to the Borrower, and after providing a ten (10) business day opportunity to cure said Event of Default, the Note shall become immediately due and payable and the Borrower shall pay to the Holder, in full satisfaction of its obligations hereunder, an amount equal to the sum of (w) the then outstanding principal amount of this Note <u>plus</u> (x) accrued and unpaid interest on the unpaid principal amount of this Note to the date of payment <u>plus</u> (y) Default Interest, if any, on the amounts referred to in clauses (w) and (x) <u>plus</u> (z) the Bridge Fee. All such amounts shall immediately become due and payable, together with all costs, including, without limitation, legal fees and expenses, of collection.

3. MISCELLANEOUS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 <u>Failure or Indulgence Not Waiver</u>. No failure or delay on the part of the Holder in the exercise of any power, right or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privileges. All rights and remedies existing hereunder are cumulative to, and not exclusive of, any rights or remedies otherwise available.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 <u>Notices</u>. All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder shall be in writing and, unless otherwise specified herein, shall be (i) personally served, (ii) deposited in the mail, registered or certified, return receipt requested, postage prepaid, (iii) delivered by reputable air courier service with charges prepaid, or (iv) transmitted by hand delivery, telegram, e-mail or facsimile, addressed as set forth below or to such other address as such party shall have specified most recently by written notice. Any notice or other communication required or permitted to be given hereunder shall be deemed effective (a) upon hand delivery or delivery by facsimile, with accurate confirmation generated by the transmitting facsimile machine, at the address or number designated below (if delivered on a business day during normal business hours where such notice is to be received), or the first business day following such delivery (if delivered other than on a business day during normal business hours where such notice is to be received) or (b) on the second business day following the date of mailing by express courier service, fully prepaid, addressed to such address, or upon actual receipt of such mailing, whichever shall first occur. The addresses for such communications shall be:

If to the Borrower, to:

GroEstate, Inc.

30 North Gould St. Suite R

Sheridan, WY 82801

Attn: Dominic Colvin

Email:

If to the Holder:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 <u>Amendments</u>. This Note and any provision hereof may only be amended by an instrument in writing signed by the Borrower and the Holder. The term "Note" and all reference thereto, as used throughout this instrument, shall mean this instrument (and the other Notes issued pursuant to the Exchange Agreement) as originally executed, or if later amended or supplemented, then as so amended or supplemented.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4 <u>Assignability</u>. This Note shall be binding upon the Borrower and its successors and assigns, and shall inure to be the benefit of the Holder and its successors and assigns. Each transferee of this Note must be an "accredited investor" (as defined in Rule 501(a) of the Securities and Exchange Commission).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 <u>Cost of Collection</u>. If default is made in the payment of this Note, the Borrower shall pay the Holder hereof costs of collection, including reasonable attorneys' fees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.6 <u>Governing Law</u>. This Note shall be governed by and construed in accordance with the laws of the State of Wyoming without regard to principles of conflicts of laws. Any action brought by either party against the other concerning the transactions contemplated by this Note shall be brought only in the state courts of Wyoming or in the federal courts located in Wyoming. The parties to this Note hereby irrevocably waive any objection to jurisdiction and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon *forum non conveniens*. The Borrower and Holder waive trial by jury. The prevailing party shall be entitled to recover from the other party its reasonable attorney's fees and costs. In the event that any provision of this Note or any other agreement delivered in connection herewith is invalid or unenforceable under any applicable statute or rule of law, then such provision shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed modified to conform with such statute or rule of law. Any such provision which may prove invalid or unenforceable under any law shall not affect the validity or enforceability of any other provision of any agreement. Each party hereby irrevocably waives personal service of process and consents to process being served in any suit, action or proceeding in connection with this Note, any agreement or any other document delivered in connection with this Note by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this Note and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by law.

\*SIGNATURE PAGE TO FOLLOW\*

IN WITNESS WHEREOF, the Borrower has caused this Note to be signed in its name by its duly authorized officer.

**GroEstate Inc.**

By: ______________________________

Date:

**Accepted and Agreed:**

**HOLDER**

By: ______________________________

Name:

Date:

 **EXHIBIT A -- NOTICE OF CONVERSION**

(To be sent in at time of conversion only)

The undersigned hereby elects to convert $_________________ principal amount of the Convertible Promissory Note (defined below by acceptance date) into that number of Series B Preferred to be issued pursuant to the conversion of the Note as set forth below, of GroEstate, Inc., a Wyoming corporation (the "Borrower") according to the conditions of the convertible note with an acceptance date of __________________, (the "Note"). No fee will be charged to the Holder for any conversion, except for transfer taxes, if any.

The Borrower shall issue a deposit appropriate the number of Series B Preferred shares as set forth below with the transfer agent or at a custodian at the choice of the Holder in the name(s) specified immediately below (the "Holder") or, if additional space is necessary, on an attachment hereto:

HOLDER _______________________________ Phone __________________________________ <br> Address ________________________________ Email __________________________________ <br> _______________________________________ SSN/TIN _______________________________

Signature ____________________________

Date ________________________________

*<u>Office Use Only</u>*:

Notice of Conversion Received: ______________

Principal amount of Note: ___________________

Interest on Note ___________________________

Total Amount ____________________________

Applicable Conversion Price: ________________

Number of Preferred to be issued

pursuant to conversion of the Note: ___________

## Ex1A-3

**Exhibit 3.2**

**MANAGEMENT CONSULTING AGREEMENT**

**THIS MANAGEMENT CONSULTING AGREEMENT** (the "Agreement") is made and entered into effective the 1st day of March 2025 by and between PLC International Investments Inc., an entity controlled by Dominic Colvin (the "Consultant"), and Groestate Inc., a Wyoming Company "Company"). Each of Consultant and Company may be referred to hereinafter as a "Party" and collectively, as the "Parties".

**WHEREAS**, Consultant is in the business of providing services for management consulting, business advisory, and operational services; and

**WHEREAS**, the Client deems it to be in its best interest to retain Consultant to render to the Client such services as set forth herein; and

**WHEREAS**, Consultant is ready, willing and able to render such consulting and advisory services to Client.

**NOW THEREFORE**, in consideration of the mutual promises and covenants set forth in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. **Consulting Services.** The client hereby retains the Consultant as an
 independent consultant to the Client and the Consultant hereby accepts and agrees to such retention.

It is acknowledged and agreed by the Client that Consultant carries no professional licenses and is not rendering legal advice or performing accounting services, nor acting as an investment advisor or brokerage/dealer within the meaning of the applicable state and federal securities laws. The services of Consultant shall be exclusive and Consultant shall not provide any other services as a consultant during the term of this Agreement, and shall not be required to render any specific number of hours or assign specific personnel to the Client or its projects.

Consultant agrees to provide and/or perform the following, hereafter collectively referred to as the "Services":

Consultant is appointed to serve as President and CEO of Company. Such Services shall be those typically performed by a President and CEO, which shall include, but not be limited to: introductions to programing consultants, managing marketing and sales of Company, managing other executives and employees and consultants of Company, assist in capital raising efforts and initiatives, business development, and such other services as reasonably requested by the Company's Board of Directors ("Board") Best Efforts. Consultant shall devote such time and effort, as it deems commercially reasonable and adequate under the circumstances to the affairs of Company to render the consulting services contemplated by this Agreement. Company will not request Consultant to include any services that constitute the rendering of any legal opinions or performance of work that is in the ordinary purview of the Certified Public Accountant. Consultant cannot guarantee results on behalf of Company, but shall pursue all reasonable avenues available. At such time as an interest is expressed by a third party in Company's needs, Consultant shall notify Company and advise it as to the source of such interest and any terms and conditions of such interest. The acceptance and consumption of any transaction is subject to acceptance of the terms and conditions by Company in its sole discretion. It is understood that a portion of the compensation paid hereunder is being paid by Company to have Consultant remain available to advise it on transactions on an as-needed basis.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. **Independent Contractor**. Consultant agrees to perform its consulting duties
hereto as an independent contractor. Nothing contained herein shall be considered creating an employer-employee relationship between the
Parties to this Agreement. The Company shall not make social security, worker's compensation or unemployment insurance payments
on behalf of Consultant. The Parties hereto acknowledge and agree that Consultant cannot guarantee the results or effectiveness of any
of the Services rendered or to be rendered by Consultant. Rather, Consultant shall conduct its operations and provide its services in
a professional manner and in accordance with good industry practice. Consultant will use its best efforts and does not promise results.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. **Time, Place and Manner of Performance**. The Consultant shall be available
for advice and counsel to the officers and directors of the Company as such reasonable and convenient times and places as may be mutually
agreed upon. Except as aforesaid, the time, place and manner of performance of the Services hereunder, including the amount of time to
be allocated by the Consultant to any specific service, shall be determined at the reasonable discretion of the Consultant, with input
from the Board of Directors of the Company.

4. **Term of Agreement**. The term of this Agreement shall be month to month, commencing on the date
of this Agreement, subject to prior termination as hereinafter provided.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. **Compensation**. In providing the foregoing services, Consultant shall be paid as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Consultant shall receive a monthly retainer of $15,000 USD to be paid at the start of each month. If
Company does not have funds to pay the monthly retainer, then such monthly fee will be accrued as a payable and paid when Company has
sufficient funds available as solely determined by the Company.

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| | |
|:---|:---|
| 6. | **Reimbursement of Expenses.** Company shall reimburse Consultant for expenses incurred from requested efforts. Such expenses will be pre-approved by the Company and shall be paid within 15 days of invoice from Consultant. |
| 7. | **Client's Representations.** The Company represents that it is in compliance with all applicable laws. The Company further represents that it has not been and is not the subject of any enforcement proceeding or injunction by the Securities and Exchange Commission or any state securities agency. |
| 8. | **<u>REPRESENTATIONS, WARRANTIES AND COVENANTS</u>** |
|  | **<u>SEC Legal Compliance</u>**. Consultant hereby represents that it has in place policies and procedures relating to, and addressing, with the commercially reasonable intent to ensure compliance with, applicable securities laws, rules and regulations, including, but not limited to: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The use, release or other publication of forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act")

2. Disclosure requirements outlined in Section 17B of the Exchange Act regarding the required disclosure
of the nature and terms of Consultant's relationship with Company in any and all Company literature or other communication(s) relating
to Company, including, but not limited to: Press Releases, letters to investors and telephone or other personal communication(s) with
potential or current investors.

Consultant further acknowledges that by the very nature of its relationship with Company it will, from time to time, have knowledge of or access to material non-public information (as such term is defined by the Exchange Act) Consultant hereby agrees and covenants that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Consultant will not make any purchases or sales in the stock of Company based on such information.

2. Consultant will utilize its commercially reasonable efforts to safeguard and prevent the dissemination
of such information to third parties unless authorized in writing by CLIENT to do so as may be necessary in the performance of its Services
under this Agreement.

9. **Non-Circumvention.** Company hereby irrevocably agrees not to circumvent,
avoid, bypass, or obviate, directly or indirectly, the intent of this Agreement, to avoid payment of fees in any transaction with any
third party in connection with any project, acquisition, any loans or collateral, or other transaction involving any products, transfers
or services, or addition, renewal extension, rollover, amendment, renegotiations, new contracts, parallel contracts/agreements, or third
party assignments thereof.

10. **Termination**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Consultant's relationship with the Company hereunder may be terminated for
any reason whatsoever, at any time, by either Party, upon 30 days written prior notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) This Agreement shall automatically terminate upon the dissolution, bankruptcy or
insolvency of the Client or Consultant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) This Agreement may be terminated by either Party upon giving written notice to
the other party if the other Party is in default hereunder and such default is not cured within fifteen (15) days of receipt of written
notice of such default, or immediately if such default cannot be cured.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Consultant and Company shall have the right and discretion to terminate this Agreement
should the other Party in performing their duties hereunder, violate any law, ordinance, permit or regulation of any governmental entity,
except for violations which either singularly or in the aggregate do not have or will not have a material adverse effect on the operations
of the Client.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) In the event of any termination hereunder all funds
paid to the Consultant through the date of termination shall be fully earned and non-refundable and the Parties shall have no further
responsibilities to each other except that the (i) Client shall be responsible to make any and all payments if any, due to the Consultant through the date of the termination and the Consultant shall be responsible to comply with the provisions of section 10, 12, and
13 hereof, which will survive termination.

12. **Work Product**. It is agreed that all information and materials produced
for the Company shall be the property of the Company, free and clear of all claims thereto by the Consultant, and the Consultant shall
retain no claim of authorship therein. All Services performed hereunder shall be "Work for Hire" for the benefit of the Company
as such term is defined in Section 101 of the U.S. Copyright Act.

13. **Confidentiality**. The Consultant recognizes and acknowledges that it has
and will have access to certain confidential information of the Company and its affiliates that are valuable, special and unique assets
and property of the Company and such affiliates. The Consultant will not, during the term of this Agreement and anytime thereafter, disclose,
without the prior written consent or authorization of the Company, any of such information to any person, for any reason or purpose whatsoever.
The Company and Consultant agree, at the Company's request, to enter into the Company's standard confidentiality and invention
assignment agreement..

14. **Conflict of Interest**. The Consultant shall work full time on the Services,
but with prior approval of the Board of Directors of the Company, shall be authorized to perform services for other persons. The Consultant
will notify the Company of its intention to perform services for any other person, which could conflict with its obligations under the
Agreement. Upon receiving such notice, the Company may terminate this Agreement or consent to the Consultant's outside consulting
activities; failure to terminate, this Agreement within seven (7) business days of receipt of written notice of conflict shall constitute
the Company's ongoing consent to the Consultant's outside consulting services.

15. **Disclaimer of Responsibility for Act of the Client**. Unless in violation
of its fiduciary duties under applicable law, Consultant shall under no circumstances be liable for any expense incurred or loss suffered
by the Company as a consequence of such decisions, made by the Company or any affiliates or subsidiaries of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. Indemnification.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each Party shall protect, defend, indemnify and hold the other Party and its assigns and attorneys, accountants, employees, officers and director harmless from and against all third-party losses, liabilities, damages, judgments, claims, counterclaims, demands, actions, proceedings, costs and expenses (including reasonable attorneys' fees) of every kind and character resulting from, relating to or arising out of (a) the inaccuracy, non-fulfillment or breach of any representation, warranty, covenant or agreement made by a Party herein, or (b) negligent or willful misconduct, occurring during the term thereof with respect to any of the decisions made by a Party (c) a violation of state or federal securities laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. **Notices**. Any notices required or permitted to be given under this Agreement
shall be sufficient if in writing and delivered or sent by registered or certified mail, or by Federal Express or other recognized overnight
courier to the principal office of each party.

18. **Waiver of Breach**. Any waiver by either party or a breach of any provision
of this Agreement by the other Party shall not operate or be construed as a waiver of any subsequent breach by any Party.

19. **Assignment.** This Agreement and the right and obligations of the Consultant
hereunder shall not be assignable without the written consent of the Company.

20. **Applicable Law**. It is the intention of the Parties hereto that this Agreement
and the performance hereunder and all suits and special proceedings hereunder be construed in accordance with and under and pursuant to
the laws of the State of Wyoming.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21. **Severability**. All agreements and covenants contained herein are severable,
and in the event any of them shall be held to be invalid by any competent court, the Agreement shall be interpreted as if such invalid
agreements or covenants were not contained herein.

22. **Entire Agreement**. This Agreement constitutes and embodies the entire understanding
and agreement of the parties and supersedes and replaces all other or prior understandings, agreements and negotiations between the Parties.

23. **Waiver and Modification**. Any waiver, alteration, or modification of any
of the provisions of this Agreement shall be valid only if made in writing and signed by the Parties hereto. Each Party hereto, may waive
any of its rights hereunder without affecting a waiver with respect to any subsequent occurrences or transactions hereof.

24. **Binding Arbitration**. Any controversy or claim arising out of or relating
to this Agreement, or the breach thereof, shall be settled by arbitration administered by the JAMs under its Commercial Arbitration Rules,
and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. The arbitration shall
be conducted in Orange County, California.

25. **Counterparts and Facsimile Signature**. This Agreement may be executed simultaneously
in two or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same
instrument. Execution and delivery of this Agreement by exchange of facsimile copies bearing the facsimile signature of a party hereto
shall constitute a valid and binding execution and delivery of this Agreement by such party. Such facsimile copies shall constitute enforceable
original documents.

**IN WITNESS WHEREOF**, the Parties hereto have duly executed and delivered this Agreement, effective as of the date set forth above.

If you are in agreement with the foregoing, please execute and return one copy of this letter to the undersigned. Thank you. We look forward to working with you.

CONSULTANT:

PLC INTERNATIONAL INVESTMENTS INC

---

| | |
|:---|:---|
| By: DOMINIC COLVIN, CEO | DATE: March 1, 2025 |
| COMPANY: |  |
| GROESTATE INC. |  |
| By: DEAN MEDWID | DATE: March 1, 2025 |
| Title: COO |  |

---

## Ex1A-3

**Exhibit 3.3**

May 14, 2025

Delivered by e-mail.

Personal and Confidential

**<u>Dean Medwid</u>**

**1082900 BC Ltd.**

502-110 Brew Street Port Moody BC V3H 0E4

Dear Dean,

Re: **Managemen**t **Consulting Agreement with Groestate Inc**

We are pleased to offer 1082900 BC Ltd. (the "**Consultant**" or "you"), a consulting engagement with Groestate Inc., a Wyoming corporation (the "**Company**") upon your agreement with the following terms:

**<u>Term</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Your engagement with the Company will commence on May 15th, 2025 (the "**Effective Date**") and shall continue indefinitely unless and until terminated in accordance with the terms of this management consulting
agreement (the "**Agreement** ").

**<u>Position, Duties and Reporting</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. You will be engaged as a consultant in the position of Chief Operating Officer (COO)
and as set out in the attached Schedule "A" to this Agreement, and your duties and responsibilities as a consultant of the
Company shall include those duties set out in that Schedule "A" (the "**Services**") and roles and responsibilities
as the COO of Company. During your consulting term other positions, duties and responsibilities may be assigned to you, from time to time,
by the CEO or the Board of Directors of the Company (the "**Board**") consistent with your position, title, qualifications
and experience, and such changes will not constitute a constructive dismissal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. The parties acknowledge that Dean Medwid is a key employee and control person of
the Consultant, and the Consultant hereby agrees to cause Dean Medwid to provide the Services to the Company on behalf of the Consultant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. In this respect you will report to the CEO of the Company. You will report fully
on the management, operations and business affairs of the Company and advise, to the best of your ability and in accordance with reasonable
business standards, on business matters that may arise from time to time. Recognizing the Company's commitment to achieving the
highest standards of openness and accountability, you shall raise, in a prompt manner, any good faith concerns you have regarding the
conduct of the Company's business or compliance with the Company's financial, legal, or reporting obligations. Such good faith
concerns should be brought to the Board of Directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. You agree that during your term with the company you will:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) devote your time and attention, and provide your best efforts, skills and talents,
to all aspects of the Company as COO.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) diligently and to the best of your abilities perform the duties and exercise the
responsibilities assigned to you from time to time by the Board of Directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) deal at all times in good faith with the Company and its consultants, clients and
suppliers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) comply with all applicable laws, rules and regulations, and all requirements of
all applicable regulatory, self-regulatory, and administrative bodies;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) act and conduct yourself at all times in the best interests of the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f) cause Dean Medwid, as an employee of the Consultant, to fully comply with the terms
and conditions of this Agreement in his performance of the Services on behalf of the Consultant as COO and to exercise the standard of
care, skill and judgment that would reasonably be expected of the COO of an organization comparable to the Company providing services
similar in nature to the Services being provided by the Consultant hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. You agree and acknowledge that as part of your engagement with the Company part
of your role is to develop goodwill in the Company with respect to its shareholders clients, members and the general public at large (the
" **Goodwill** "). You agree and acknowledge that the Goodwill is derived, in part, from your role as a COO of the Company,
that the Company has and maintains a proprietary interest in the Goodwill and that in your role as COO of the Company you are to develop
that Goodwill for the Company's benefit.

**<u>Compensation and Benefits</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. As compensation for your work for the Company as COO you will receive the compensation
and benefits set out in Schedule "B" to this Agreement, and you acknowledge that your entitlement to such compensation and
benefits is limited to those amounts set out in that Schedule "B".

**<u>Policies and Compliance</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. You agree to abide by and comply with any policies applying to the Company's
consultants that may be introduced or issued by the Company from time to time. It is agreed that the introduction, modification, and administration
of such policies are within the joint discretion of the CEO of the Company and Board of Directors. If there is a direct conflict between
the terms of this Agreement and any such policy, this Agreement shall prevail to the extent of the inconsistency.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. You acknowledge and agree that all written and oral opinions, reports, advice,
and materials provided by you to the Company in connection with your engagement hereunder are intended solely for the Company's
benefit and for the Company's uses only, and that any such written and oral opinions, reports, advice and information are the exclusive
property of the Company. In this regard you covenant and agree that the Company may utilize any such opinion, report, advice, and materials
for any other purpose whatsoever and, furthermore, may reproduce, disseminate, quote from and refer to, in whole or in part, at any time
and in any manner, any such opinion, report, advice and materials in the Company's sole and absolute discretion.

**<u>Confidentiality and Return of Property</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. During your engagement with the Company the Consultant and Dean Medwid may have
access to certain confidential or proprietary information relating to the Company, which will include (as applicable and without limitation)
the Company's ideas, discoveries, inventions, techniques, processes, know how, trade secrets, research, models, programs, designs,
diagrams, drawings, data, software, lists of present and prospective customers and buying habits, purchase requirements, pricing and sales
policies, suppliers, manufacturers, financial information, business plans, forecasts and strategies, advertising information, information
related to the Company's financial performance and business development, and confidential information belonging to third parties
which the Company has an obligation to hold in confidence (collectively, the "**Confidential Information** "). You also
agree as reasonably requested by the Company, to enter into the Company's standard confidential information and invention assignment
agreement (the "**CIAA** ").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. Confidential Information does not include information which:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) was in the public domain prior to the date it was received;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) was properly in your possession prior to its disclosure to the Company, and without
any obligation of confidence attaching thereto; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) becomes part of the public domain by publication or otherwise, other than due, wholly
or in part, to your unauthorized acts or omissions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. You acknowledge that the Confidential Information is owned by the Company even
if you were involved in developing, creating, revising, maintaining, or storing the Confidential Information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. You acknowledge that the disclosure of the Confidential Information could be harmful
to the interests of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. Dean Medwid, in his personal capacity, agrees that, during the term of the Consultant's
engagement as COO, will not directly or indirectly disclose, transfer, or use any Confidential Information, except where such disclosure
is: (i) required in the performance of your engagement duties for the Company; (ii) required by law; or (iii) is pre-authorized by the Company
in writing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. During your engagement, you may be provided with certain Company equipment, computers,
phones, tablets, supplies, keys, credit cards, access cards, identification cards and other property for business use for the Company
(collectively, the "**Company Property** "). You agree that you will, and will cause Dean Medwid to, return all Company
Property and Confidential Information immediately upon termination of your engagement or otherwise immediately upon the Company's
request in writing. Your obligation to return all Company Property and Confidential Information includes an obligation to return any such
information stores on your personal electronic devices or deleting such information to the Company's satisfaction.

**<u>Intellectual Property</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. In this Agreement "**Inventions**" means any and all ideas, improvements,
designs, processes, formulas, techniques, works of authorship (including software, notes, records and drawings), and/or discoveries, whether
or not reduced to writing or practice, and whether or not subject to intellectual property protection (e.g. patents, copyrights, trade
secrets and trademarks).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. In this Agreement "**Covered Work**" means and all Inventions conceived,
discovered, authored, invented, developed or reduced to practice by you (along or with others), while engaged by the Company, or in whole
or in part on the Company's time, or in whole or in part using the Company's equipment, supplies or facilities, or that depend
for their effectiveness on, or incorporate, Confidential Information. An Invention that you conceive or develop is a Covered Work whether
or not your activities occur: (i) on or off the Company's premises; (ii) before, during or after working hours; or (iii) within
or outside the scope of work assigned to you for the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18. You hereby assign to the Company all worldwide right, title and interest to all
Covered Work, whenever made, and agree that this assignment includes a present conveyance to the Company of ownership of Covered Work
that is not yet in existence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19. You further understand that all original works of authorship that are Covered Work
are "works made for hire", as that term is defined under all applicable patent and copyright laws, and, in any case, are owned
exclusively by the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20. You hereby waive any rights and claims you may have in any jurisdiction to the Covered
Work, as well as any moral rights with respect to and Covered Work, and you confirm that the Company has the right to make, have made,
exploit and own enhancements, derivative works and other modifications to all Covered Work.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21. At the Company's expense you will cooperate fully and promptly with the Company
and execute such documents as may be requested if the Company desires to seek, document, enhance or defend the Company's ownership,
copyright, patent, trademark or other intellectual property protection relating to any Covered Work, even after your engagement is terminated.
After your termination, the Company agrees to compensate you for any time you spend in so cooperating with the Company at an hourly rate
calculated by converting your compensation at the time of termination of the engagement relationship to a regular FTE hourly rate (based
on 2080 hours per annum). You appoint the Company (and its authorized agents) as your agent and attorney-in-fact for the following limited
purposes: (i) to take action to obtain
patents, copyrights, trademarks, or other kinds of legal protection in Covered Work; (ii) to assign any rights you may have in the Covered
Work to the Company; and (iii) to protect those rights from infringement. This appointment and power of attorney are irrevocable and coupled
with an interest. Any action taken by the Company under this power of attorney will have the same legal effect as if done by you.

**<u>Termination of Engagement</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22. Notwithstanding any other provision in this Agreement, this Agreement and your Services
may be terminated at any time by either Party on thirty (30) days notice to the other Party for convenience. In the event of a breach
of this Agreement, the non-breaching Party may terminate on fifteen (15) days notice to the extent such breach is not cured during such
period. The non-breaching Party may terminate immediately for a breach that cannot be reasonably cured. In the event of Mr. Medwid's
death, the Agreement will terminate immediately on such date. Each of such date of termination hereinafter is referred to as the "**Termination Date** ". Upon any termination of this Agreement, Consultant will be entitled to all payments due hereunder, including Base Compensation,
up to the Termination Date.

**<u>Resignation on Termination</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23. Consultant covenants and agrees that, upon any termination of this Agreement for
any reason, howsoever caused, Consultant shall cause Dean Medwid to forthwith tender his resignation from all offices, directorships and
trusteeships then held by him at the Company or any of the Company's affiliates, such resignation to be effective upon the Termination
Date. If Dean Medwid fails to resign as set out above, you agree that he will be deemed to have resigned from all such offices, directorships
and trusteeships, and the Company is hereby authorized by you to appoint any person in his name and on your behalf to sign any documents
or do anything necessary or required to give effect to such resignation.

**<u>Privacy and Personal Information</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24. In this Agreement "**Personal Information**" means information about
an identifiable individual.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25. Consultant shall take all necessary steps to protect and maintain the Personal Information
of the consultants, consultants and clients of the Company obtained in the course of your engagement with the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26. Consultant agrees that the Company may collect Personal Information about Consultant
during its term of engagement for the purposes of establishing, managing and/or terminating the engagement relationship. Consultant agrees
that the Company may use and disclose your Personal Information for those purposes or as permitted or required by law, including use of
the Consultant's and Mr. Medwid's name in any required Securities Exchange Commission or state filings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27. Consultant agrees that it has no expectation of privacy in Company Property, and
Consultant understands that all Company Property is subject to inspection by the Company or its agents at any time with or without further
notice to you, subject to applicable privacy laws.

**<u>Non-Solicitation</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28. Consultant understands that as COO, Consultant and Mr. Medwid will occupy a position
of high fiduciary trust and confidence. In Consultant's role and Dean Medwid will acquire a wide knowledge of the Company's
business and you will learn of and develop the Company's plans and strategies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29. Consultant agrees that during its engagement with the Company, and for a period
of twelve months immediately following its termination, regardless of the reason for such termination or the Party effecting it, Consultant
shall not, and it shall cause Dean Medwid not to, except for the benefit of the Company, directly or indirectly, either for your own benefit
or on in conjunction with or on behalf of any other person or entity:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) take away or cause to be taken away any consultant of the Company generally for
the purpose of engagement in any business related to or competitive with the business of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) contact, engage with, make introductions to, any of the clients, suppliers, purchasers
of the Company and/or its ownership-related entities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) attempt to solicit any business, clients, or suppliers (including potential clients
from which the Company has a reasonable probability of obtaining business) away from the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) otherwise attempt to interfere with or damage the Company's reputation, business
interests, or any of its affiliates' business relationship with any of suppliers and clients.

**<u>Injunctive Relief</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30. You agree that if you breach the confidentiality, non-solicitation or intellectual
property clauses in this Agreement or the CIAA, including pursuant to the breach thereof by Dean Medwid, such breach will give rise to
irreparable injury to the Company for which damages are an inadequate remedy, and the Company may pursue injunctive relief for such breach.
You further agree that the confidentiality, non-solicitation and intellectual property clauses in this Agreement and the CIAA are fair
and reasonable restrictions.

**<u>Additional Terms</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31. This Agreement, and the documents and policies referred to herein, describes your
entire engagement agreement with the Company. This Agreement supersedes and replaces any prior agreements or representations, whether
oral or written, between you and the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32. No amendment or modification of this Agreement shall be valid unless it is put
in writing and signed by both Parties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33. The Parties acknowledge and agree that this Agreement has been executed by each
of them in consideration of the mutual promises and covenants herein contained, and for other good and valuable consideration, the receipts
and sufficiency of which is acknowledged. The Parties waive any and all defenses relating to an alleged failure or lack of consideration
in connection with this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34. This Agreement shall be governed by the laws of the state of Wyoming.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35. The terms of this Agreement shall remain in effect throughout Consultant's
engagement with the Company, notwithstanding any changes to your title, position, duties, responsibilities, or compensation as set out
in the Schedules to this Agreement or otherwise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36. In the event that this Agreement provides a lesser benefit to Consultant than the
minimum standard contained in any applicable legislation, including the British Columbia Engagement Standards Act, the minimum standard
contained in such legislation shall be deemed incorporated into this Agreement so as to provide Consultant with its minimum legislative
entitlement, in full satisfaction of any entitlement Consultant may have under statute or at common law, and shall prevail to the extent
of the inconsistency.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37. Consultant agrees that it has been provided with a reasonable opportunity to consult
with a lawyer to obtain an explanation of the contents, terms and effect of this Agreement and that it fully understands and accept the
contents, terms and effect of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38. Each provision of this Agreement is a separate obligation and is severable from
all other such obligations, and if any of them is held to be invalid or unenforceable, this Agreement will be construed by limiting, restricting,
or reducing the application or scope of the applicable provision or provisions, to the extend necessary to comply with applicable law
then in effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39. As agreed upon by the Board of Directors, and for so long as such commitments do
not, in the discretion of the Board of Directors, conflict with or detract from Consultant's ability to meet its obligations (including,
but not limited to confidentiality and fiduciary) to the Company, Consultant is permitted with prior written approval to hold director
positions with other companies.

**<u>Acknowledge</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40. The Consultant acknowledges that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) it has read and understood this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) it has been given an opportunity to obtain independent legal advice concerning
this Agreement and the provisions hereof and the interpretation and effect of this Agreement, and by signing this Agreement represents
and warrants that it has either obtained advice or voluntarily waived the opportunity to receive same; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) it has entered into this Agreement voluntarily.

If this offer of engagement is acceptable to Consultant, please sign the enclosed copy of this Agreement in the designated space below and return it to the Company prior to the Effective Date hereof.

Yours truly,

**<u>Groestate Inc.</u>**

Per: Dominic Colvin

__________________________

<u>Dominck Colvin - CEO</u>

**<u>1082900 BC Ltd.</u>**

Per: Dean Medwid

__________________________

<u>Dean Medwid, Principal</u>

The undersigned, Dean Medwid, hereby acknowledges and agrees to the terms of this Agreement and specifically such sections as they apply to him in his personal capacity.

________________________________

**Dean Medwid**

Schedules "A" and "B" follow.

<u>**Schedule "A"**</u>

<u>**Engagement Title, Duties and Responsibilities**</u>

<u>**Job Title**</u>

Consultant shall cause Dean Medwid to provide services to the Company in the position of Chief Operating Officer on an independent contractor basis.

**<u>Hours of Work</u>**

Consultant's hours of work will be variable per schedule "B". Consultant's work will be performed from its offices as it sees fit and business requires.

**<u>Duties and Responsibilities</u>**

Consultant will report to the CEO and Board of Directors and perform such duties and assume such responsibilities as the Board may require and assign to Consultant, from time to time, including the possibility of serving as a director of the Company or its affiliates as the circumstances dictate and the Parties agree. Certain of the Services will include, but not be limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Manage marketing and sales of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Manage employees / other executives of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Assist in capital raising initiatives for the Company at the direction of the Board of Directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Advise the Company on operations management, implementation and launch of the business of Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) Work with Company on all business development projects.

In this regard it is hereby acknowledged and agreed that Consultant shall be entitled to communicate with and shall rely upon the immediate advice, direction and instructions of the Board of Directors, or upon the advice or instructions of the Chairperson or such other director or officer of the Company as the Board of Directors shall, from time to time, designate in times of the Chairperson's absence, in order to initiate, coordinate and implement the duties and responsibilities as contemplated herein subject, at all times, to the final direction and supervision of the Board of Directors.

May 14, 2025

___________________________________________

Consultant Signature and Date

**<u>Schedule "B"</u>**

<u>**Compensation**</u>

<u>Compensation and Benefits</u>

**<u>Base Compensation and Increases</u>**

It is hereby acknowledged and agreed that Consultant will provide the Services and perform the duties and responsibilities as set forth in this Agreement during the continuance of this Agreement and shall thus be compensated from the Effective Date of this Agreement to the termination of the same by way of the payment by the Company to Consultant of a monthly amount of $15,000.00 (the "**Base Compensation**"). It is acknowledged and agreed by the parties that the actual hours required in any day, week or month may vary, and no such variance shall entitle the Consultant to any additional compensation or remedy other than as set out above.

**<u>Reimbursement of Expenses</u>**

Upon presentation of proper receipts or other proof of expenditure and subject to such reasonable guidelines or limitations provided by the Company from time to time, the Company shall reimburse Consultant for all reasonable and necessary business and travel expenses actually incurred by you directly in connection with the business affairs of the Company and the performance of your duties and responsibilities (collectively, the "**Expenses**"). You shall comply with such reasonable limitations and reporting requirements with respect to such Expenses, including provision of receipts and related documentation, as the Company may establish from time to time.

**<u>No other benefits</u>**

You are not entitled to any other payment, benefit, perquisite, allowance or entitlement other than as specifically set out in this Agreement or as otherwise approved by the Board of Directors and agreed to in writing and signed by the Company and yourself.

## Ex1A-3

**Exhibit 3.4**

**TERM SHEET**

This term sheet (the "<u>Term Sheet</u>") outlines proposed terms of a potential licensing transaction between Gro Estate, Inc, a Wyoming corporation ("<u>Company</u>"), and Green Blue Marketplace, LLC. ("<u>Manager</u>"). Each of the Company and Manager will be referred to herein as a "<u>Party</u>", and collectively as the "<u>Parties</u>". The Parties intend that the provisions of ***Part B*** of this Term Sheet (the "<u>Binding Terms</u>") will be binding on and enforceable against each of them. Except for the Binding Terms: (a) none of the provisions of this Term Sheet shall constitute an obligation binding on any Party and all such provisions are subject to the completion of financial, commercial and legal due diligence satisfactory to the Parties; and (b) except with respect to the Binding Terms, there is no obligation on either Party until the execution and delivery of Definitive Agreements (as defined below).

<u>PART A: NON-BINDING TERMS</u> 

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| | |
|:---|:---|
| **<u>Collaborative Agreement</u>** | **<u>Collaborative Agreement</u>** |
| **Overview:** | The Company develops farming facilities that allow farmers to grow produce and develop marketplaces for the sale of such produce in urban settings ("<u>Community Gardens</u>"). The Company plans on developing up to twenty (20) Community Garden facilities throughout the United States ("Project") with the goal of providing food security in disadvantage areas. Manager is experienced at managing agricultural and farming projects similar to those of Community Gardens. Company and Manager desire to jointly develop Project. Manager may also provide technology and marketplace access for in door growing. |
| **Company Contribution:** | With respect to the Project, the Company will provide each Community Garden location: (i) equipment leasing in an amount up to $1,000,000, (ii) a revolving line of credit in an amount up to $200,000 to be used primarily for the initial buildout and working capital, including marketing expenses, and (iii) consulting services to each Community Garden. |
| **Manager Contribution:** | With respect to the Project, Manager will provide Management Services (as defined below) for the Project pursuant to the terms of a Management Services agreement as further described herein. |
| **<u>Management Services Agreement</u>** | **<u>Management Services Agreement</u>** |
| **Management Service:** | Management services will include the provision of, or arranging for, a comprehensive range of administrative, business, facilities, equipment, information technology, infrastructure, management, sales and marketing and other support services required for the operation of the Project and sales of the products grown. (collectively, "<u>Management Services</u>"). |
| **Community Outreach:** | As part of the Management Services, Manager has and will actively seek community and corporate partnerships and collaborations to promote Community Garden locations in local communities. Manager will all seek to align each Community Garden with local non-profit and charitable organizations and develop a charitable giving plan for each Community Garden location. |
| **Exclusivity:** | During the term of the Project, the Company will appoint Manager as its sole and exclusive provider of Management Services, and Manager shall serve as the Company's sole and exclusive manager with respect to the Project. Manager also agrees to provide Management Services to the Company.<br>|

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| | |
|:---|:---|
| **Accounting:** | Manager shall arrange for the sale of all products grown within the Community Gardens and to cover all costs of operations and make all payments to vendors. The Manager will provide quarterly financial statements along with an annual audit to the Company and the Company shall have the right to independently audit such financial statements. |
| **Insurance:** | Manager shall maintain in full force and effect insurance policies in connection with the performance of the Management Services and operations of each Community Garden location, including insurance on the buildings and equipment thereon, and the inventory, including but not limited to public liability insurance, general liability insurance, property damage and personal injury insurance, and fire and theft coverage if able. Manager shall bear the cost of any such insurance coverage and Manager shall provide proof of insurance coverage to Company. If Manager's insurance coverage does not cover Company's damages arising from the Management Services and operations of the Project, Manager shall indemnify the Company for any damage which is not covered by Manager's insurance, as provided below.<br>|
| **Personnel:** | Manager will be responsible for the hiring of all employees or independent contractors for the development and operations of each Community Garden. Manager will employ and/or enter into consulting contracts with all persons who work on the Project. All personnel will be either employees or independent contractors of Manager, and Company shall not be responsible for any income and payroll tax withholding and reporting. Manager shall supervise the work conducted by and employee, contractor, consultant and all sub-subcontractors, their agents and all other persons performing any services to the Project in such manner which is consistent with the highest industry standards applicable to the operation of the Community Gardens and in compliance with all State, Federal, County and Municipal rules and regulations.<br>|
| **Compliance with Governmental Regulations** | Manager shall take all required action to comply promptly with all State, Federal, County and Municipal rules, regulations and orders, provided, however, that if Company is contesting or has affirmed its intention to contest any such rule, regulation or order, Manager shall not take any action with consulting Company. Manager shall, within forty-eight (48) hours of receipt of any Federal, State, County or Municipal rule, regulation or order, notify Company in writing of its receipt of such order, rule or regulation.<br>|
| **Management Fees:** | As compensation for the Management Services provided by Manager, Manager will be entitled to one hundred (100%) of the net profits generated by the Community Gardens as a management fee. |
| **Buyout Option:** | <br>Manager has the right to buy out the Management Agreement, Master Equipment Lease and Credit Facility. To exercise the Buyout Option, Manager will be required to deliver to the Company such number of shares of preferred stock having a face value equal to 120% of Company's total invested capital consisting of: (i) the capital cost of the Equipment Lease and (ii) outstanding balance of the Credit Facility. The Buyout Option can be exercised at any time except for during a Blackout Period. For purposes of the Management Agreement, a Blackout Period will be at any time that the Company has entered into a term sheet to: (i) enter into a fundamental transaction to sell the Company or substantially all of its assets or (ii) sell one or more of the Community Garden locations.<br>|
| **<u>Equipment Lease:</u>** |  |
| **Master Equipment Lease:** | Company will provide the Project with a 10-year master equipment lease ("<u>Master Equipment Lease</u>") in an initial principal amount of up to $1,000,000 per Community Garden location.<br>|

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| | |
|:---|:---|
| **Equipment:** | All equipment leased pursuant to the Master Equipment Lease (the "<u>Equipment</u>") will be used by Manager in connection with providing the Management Services and the operations of the respective Community Garden location. |
| **True Lease:** | The Parties intend that Master Equipment Lease constitute a true lease under applicable law and not a sale or financing arrangement. Company retains title to the Equipment at all times. Manager acquires no ownership, title, property, right, equity, or interest in the Equipment other than its leasehold interest solely as lessee subject to customary terms for similar transactions. |
| **Security Interest:** | In the event that the Master Equipment Lease is recharacterized under applicable law as a secured financing or a lease intended for security, Manager shall grant Company a first priority security interest in the Equipment and all proceeds thereof, to secure the payment of Manager's obligations under the Master Equipment Lease agreement. The Parties each agree to execute, acknowledge, deliver, file, and record, or cause to be executed, acknowledged, delivered, filed, and recorded such further documents (including without limitation UCC financing statements), and to do all such things and acts, necessary to ensure that such security interest would be a perfected first priority security interest under applicable law. |
| **Base Rent:** | The base annual rent for the Equipment under the Master Equipment Lease will be equal to 10% of the capital cost of the Equipment, paid quarterly. |
| **Net Lease:** | The Parties intend that the Master Equipment Lease be a "net lease." In addition to the Base Rent, Manager will be responsible for maintaining, repairing and insuring the Equipment, as well as paying all applicable property taxes with respect to any Equipment. |
| **Change in Control:** | In the event of a change in control of any Community Garden location, the aggregate capital cost of the Equipment at such location will immediately become due and payable. |
| **Other Conditions:** | The Master Equipment Lease will be subject to such representations, warranties and covenants as is customary in a transaction of this type. |
| **<u>Credit Facility</u>** |  |
| **Facility:** | The Company will provide the Manager with a 10-year Credit Facility to be utilized to cover build-out, initial marketing and initial operating costs for each Community Garden. It is estimated that these costs will not exceed $200,000 per Community Garden. The total amount drawn for each facility will be added to the amount of the credit facility. |
| **Interest Rate:** | Interest on the facility will equal 10% per annum, will be calculated on a 360-day basis and be payable in arrears on a quarterly basis. |
| **Maturity:** | At maturity, the Credit Facility and any accrued and unpaid interest shall become immediately due and payable. |
| **Change in Control:** | In the event of a change of control of any Community Garden location, the outstanding loan amount for that location will become due and payable. |

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| | |
|:---|:---|
| **<u>Company Consulting Services</u>** | **<u>Company Consulting Services</u>** |
| **Services:** | The Company will provide each Community Garden and Manager with consulting services. The services will include but not be limited to: (i) reviewing and providing recommendations regarding the Projects' direct to consumer marketing strategies, and providing assistance, if requested by Manager, with respect to implementation; (ii) reviewing and providing alternatives to advertising and social media outreach related to the Project and providing alternatives for purchasing such ads; (iii) undertaking a comprehensive review of markets to determine optimal location to open Community Gardens; (iv) assisting in a review of product expansion opportunities; (v) exploring opportunities for technological advancement related to the equipment including water purification technology, computer controls and other technological advancements; and (vi) general business consultation on an as requested basis (collectively "<u>Consulting Services</u>"). |
| **Consulting Fees:** | As compensation for Consulting Services, the Company will be entitled to ten percent (10%) of the gross revenues generated by each Community Garden location, as a consulting fee. |
| **Change in Control:** | In the event of a change in control, the Company will be entitled to 10% of the net consideration (after deducting the return of the capital outlays for the equipment and credit facility) received by the Manager or Community Gardens resulting from such transaction. In the event of a sale/change of control, all proceeds will be received within an escrow account controlled by Company's counsel and distributed according to this section. |
| **<u>Intellectual Property</u>** | **<u>Intellectual Property</u>** |

| **<u>Other Terms & Agreements</u>** | **<u>Other Terms & Agreements</u>** |
| **Definitive <br> Agreement:** | The detailed terms and conditions of the arrangements outlined herein will be set forth in definitive agreements (the "<u>Definitive Agreements</u>"), with the understanding that the Definitive Agreements will contain, in addition to the items addressed above, certain representations and warranties, provisions regarding the protection, prosecution and enforcement of intellectual property rights, confidentiality and non-disclosure obligations, indemnification, certain operating and governance covenants, and conditions to effectiveness, that are customary for transactions of this kind. The Parties anticipate that the Definitive Agreements will include but not be limited to: (i) a Management Services Agreement, (ii) a Master Equipment Lease, (iii) Credit Facility Agreement, and (iv) a Company Consulting Agreement. |

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<u>PART B: BINDING TERMS</u>

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| | |
|:---|:---|
| **Exclusivity:** | During the 180-day period commencing on the date of last signature of this Term Sheet, (as may be extended pursuant hereto, the "<u>Exclusivity Period</u>"), the Parties agree to negotiate in good faith to finalize and execute the Definitive Agreements and shall not, directly or indirectly, through any affiliate, officer, director, agent or otherwise, make, solicit, initiate or encourage submission of any proposal or offer from any third party (a "<u>Person</u>") relating to any transaction similar to the Project, the development and management of clinics or any other transaction that would effectively prohibit the Parties from negotiating the proposed transaction under this Term Sheet (each, a "<u>Proposal</u>"). Each Party agrees (i) to terminate immediately all ongoing contacts or negotiations, if any, with respect to any Proposal (except with the Parties hereto), and (ii) to promptly notify the other Party if any Proposal, or any inquiry or contact with any Person with respect thereto, is made, and shall provide the other Party with such information regarding such Proposal, inquiry or contact as such Party may request. |
| **Confidentiality:** | "Confidential Information" means any non-public information, whether oral, written, electronic, or in any other form, that is disclosed by one party to the other and is designated as confidential or that a reasonable person would understand to be confidential based on the nature of the information and the circumstances of disclosure. Confidential Information includes, without limitation, business plans, financial data, customer information, trade secrets, intellectual property, and proprietary know-how. The Parties agree to keep all Confidential Information confidential and to cause their employees, agents, and affiliates to keep such information confidential. Information disclosed hereunder pursuant to this Term Sheet will be Confidential Information, except to the extent required to be disclosed by the Company pursuant to requirements under its anticipated Regulation A Offering and pursuant to U.S securities laws. In addition, neither Party nor any of its affiliates will use the name of the other Party or any affiliate of the other Party in any manner, context or format (including reference on or links to websites, press releases, etc.) without obtaining in each instance the prior written consent of such other Party. |
| **Expiration:** | This Term Sheet, if not mutually executed by the Parties, will expire at 12:01 a.m., Eastern Time on August 31, 2025. |
| **Governing <br> Law:** | The Definitive Agreements will be governed by and construed and enforced in accordance with the internal laws of the State of New York (why NY?), without regard to the principles of conflicts of law thereof. Each Party agrees that all legal proceedings concerning the interpretations, enforcement and defense of the transactions contemplated by this Term Sheet, the Definitive Agreements and any other transaction documents (whether brought against a party hereto or its respective affiliates, directors, officers, shareholders, partners, members, employees or agents) shall be commenced exclusively in the state and federal courts sitting in the City of New York. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in the City of New York, Borough of Manhattan for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein (including with respect to the enforcement of any provision contained in the Definitive Agreements), and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or is an inconvenient venue for such proceeding. |

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**[Remainder of Page Intentionally Left Blank]**

**[Signature Page to Follow]**

**IN WITNESS WHEREOF**, the Parties have caused this Term Sheet to be executed by their duly authorized representatives as of the date set forth herein.

COMPANY: GROESTATES, INC.

By: ____________________________

Name: Dominic Colvin

Title: CEO

Address: <u>30 N Gould St Suite R</u> 

 <u>Sheridan, WY 82801</u> 

Facsimile:______________________________

E-mail: ________________________________

Attention: <u>CEO</u> 

MANAGER: GREEN BLUE MARKETPLACE, LLC.

By: ___________________________________

Name:_________________________________

Title: __________________________________

Address: ______________________________

______________________________

Facsimile: ______________________________

E-mail: _________________________________

Attention: _______________________________

## Ex1A-3

**Exhibit 3.5**

![](image_005.jpg)

GROESTATE INC. and SAXON INVESTMENTS INC. August 21 , 2025 OPTION PURCHASE AGREEMENT

![](image_006.jpg)

OPTION PURCHASE AGREEMENT I PARTIES THIS OPTION PURCHASE AGREEMENT (the "Agreement") is entered into effective a s of August 21 , 2 0 2 5 (the " Effective Date "), b y an d between GroEstate I nc . A Wyoming base d agricultural real - estate investment fund ("GRO") ; a n d, S a xo n Investments I nc . ("Optionor") . GRO and Optionor are sometimes referred to collectively herein as the " Parties ", and e a ch individually as a " Party " . II RECITALS A. Optionor is the controlling shareholder of Formosa Mountain Ltd, a Canadian incorporated company (the "Company"), which owns the land and buildings located at 4439 Township Road 304 Mountain View County, AB (the " Lands ") B. Optionor has agreed to grant GRO an option to purchase up to 49 % of the shares of the Company on the terms and subject to the conditions as provided herein . C. GRO will enter into a three million dollar ($3 , 000 , 000 CAD) secured promissory note (the " Note ") with the tenant of the Lands 2323414 Alberta Ltd . , on the terms provided in Schedule A . D. NOW, THEREFORE, in consideration of the promises and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows : III GRANT AND EXERCISE OF THE OPTION 1. The Option . Subject to the terms and conditions hereof, Optionor hereby grants to GRO an irrevocable and exclusive right, privilege, and option to purchase (the " Option ") up to 49 % of the common shares of the Company, from time - to - time or all at once, for a total purchase price (the " Purchase Price ") of Eight Million Nine Hundred Thousand Dollars (USD $8 , 900 , 000), further determined and payable as provided herein . The Option amount will be subject to second quarter (Q 2) 2025 rents and royalties received by lessee and is subject to the "Look Back" provision in section 3 . 8 . 2. Option Shares . The fully diluted share capital of the Optionor consists of ten million (10 , 000 , 000) shares (the " Shares "), with up to four million nine hundred thousand shares to be purchased hereunder (the " Option Shares ") at a cost of One Dollar and Eighty - Two cents in USD ($1 . 82 USD) per Option Share . Option Shares shall be purchased hereunder in increments of one hundred thousand (100 , 000) Option Shares for One Hundred Eighty - Two Thousand Dollars Canadian ($182 , 000 USD) . The Option share price will be adjusted subject to second quarter (Q 2) 2025 rents and royalties received by lessee and is subject to the "Look Back" provision as described in section 3 . 8 . 3. Exercise of the Option . GRO may exercise the Option at any time, and from time - to - time, in whole or part, during the Exercise Period . To exercise the Option, GRO must deliver written notice in the form reasonably acceptable to both parties, attached hereto and incorporated herein by reference (the " Exercise Notice ") to Optionor, stating that the Option is being exercised and identifying the number of Option Shares being acquired and the amount of the Purchase Price to be transferred for those Option Shares (the " Cash Payment ") . 4. Closing . Upon delivery of an Exercise Notice, this Agreement shall constitute an agreement between Optionor to sell, and GRO to purchase, that number of Option Shares specified in the respective Exercise Notice, upon the following terms and conditions : Optionor shall fully cooperate with GRO to take all steps as may be necessary to transfer ownership of the purchased Option Shares to GRO .

![](image_007.jpg)

a. The closing for the purchase by GRO of the subject Option Shares (the " Closing ") shall be held within three (3) days after Optionor's receipt of the Exercise Notice, or at such time and place as shall be mutually agreed upon by Optionor and GRO (such date of Closing, the " Closing Date ") . b. At the Closing, the Cash Payment shall be paid to Optionor in immediately available funds to an account designated in writing by Optionor, and the purchased Option Shares shall be issued to Optionor . The purchase shall not be deemed fully closed unless and until payment of the Cash Payment shall have been delivered to Optionor in the manner provided herein . c. At the Closing, Optionor shall convey, transfer, and assign to GRO good and marketable title to the Option Shares, free and clear of any lien, security interest, restriction, claim or encumbrance, by delivering to GRO a duly executed Assignment of Shares, in the form and substance, as well as any such instruments and documents as GRO believes may be reasonably necessary to effectuate the consummation of the transfer of the Option Shares in form and substance reasonably satisfactory to GRO . d. Upon consummation of the Closing, Optionor shall have no liability to the Company, to GRO, or to the creditors of the Company on account of any deficit balance in Optionor's capital account established and maintained by the Company for Optionor, nor shall Optionor have any obligation to restore a deficit balance in its capital account at the Closing . e. At each Closing GRO shall fund a portion of the Note at a rate of $2 . 00 per each $1 . 00 of Option Share Purchase Price paid subject to the terms of the Note . 5. Status as a Shareholder . The purchase of Option Shares hereunder carries with it, and vests in GRO, any and all rights as a shareholder of the Company, 6. Exercise Period . The Option may be exercised at any time, and from time - to - time, commencing on the Effective Date, and ending on August 31 , 2026 (the " Exercise Period ") . At the end of the Exercise Period, and if GRO has not acquired all of the Option Shares, then (i) GRO shall own the Option Shares it has acquired MINIMUM REQUIREMENT OF 20 % ; (ii) have no further right or obligation to acquire any remaining Option Shares ; and , ; (iii) the Option shall terminate and be of no further force and effect . Notwithstanding the foregoing, the Note shall remain in effect solely pursuant to the terms of the Note and not this Agreement . Optionor may terminate the Option Agreement at its sole discretion with a thirty (30) day written notice to Optionee . 7. Exclusivity . Optionor agrees that from the Effective Date until the earlier of (a) GRO's purchase of all of the Option Shares ; or, (ii) expiration of the Exercise Period, neither Optionor nor any affiliate or representative or agent of Optionor (including, without limitation, any investment banker, attorney, or accountant), will, directly or indirectly, (i) solicit, engage in discussions or negotiate with any person (whether such discussions or negotiations are initiated by Optionor) or take any other action relating to the sale of all or any portions of the Option Shares, or any other similar transaction ; (ii) provide information to any person or entity relating to any such transaction or potential transaction ; (iii) enter into an agreement or understanding with any person or entity providing for any such transaction or potential transaction ; or, (iv) make or authorize any statement, recommendation, or solicitation in support of or approving any such transaction or potential transaction . Optionor further agrees that it will promptly notify GRO if any proposal or offer, or any inquiry or contact with any person with respect thereto, is made as to the purchase of any Shares . 8. Look Back . At the close of second quarter (Q 2) of 2026 , not to exceed past June 30 th , 2026 , the option amount and share price are subject to adjustment if the rents and/or royalties paid from lessee to lessor are less than projected by Optionor . The property valuation will be established at ten times (10 x) annualized revenue based on second quarter (Q 2) 2025 rents and royalties paid to the Lessor unless otherwise waived by Lessor . For the sake of clarity, Optionee will confirm that whether by rent, royalty or other mechanism the Optionee prorata share, fully exercised, would have equaled $61 , 250 CAD distribution per month . 9. Optionee will ha v e the right to have a 3 rd party verify these numbers . If there is a reduction in these numbers from the projected $1 . 5 million CAD, the valuation and ownership will adjust on a per share basis at that time . At no time will the Optionee own more than 49 % of the Company . Optionor will provide the above - mentioned financials and a ny collateral proof requested from Optionee b y the 15 th of July or sooner . If such numbers are not provided and Optionee is unable to perform such validation, the property valuation shall b e adjusted to a six times (6) multiple of projected annual revenues . All share prices a n d percentages will immediately be adjusted accordingly .

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IV OPTIONOR REPRESENTATIONS AND WARRANTIES Optionor hereby represents and warrants to GRO that the representations and warranties contained in this Article IV are true, correct, and complete as of the Effective Date and will be correct and complete as of each Closing Date (as though made then and as though the Closing Date were substituted for the Effective Date throughout this Article IV), except as otherwise expressly provided for to contrary herein : 1. Organization . The Company is a company, duly organized, validly existing, and in good standing under the laws of the Province of Alberta, with the requisite power and authority to own and use its properties and assets and to carry on its business as currently conducted and is not in violation or default of any of the provisions of its organizational or charter documents. 2. Single Purpose Entity . The single purpose of the Company is expressly and exclusively limited to owning, operating, managing, encumbering, mortgaging, refinancing, developing, partitioning, subdividing, leasing, and selling, in whole or in part (" Property "), and all other activities directly related to the foregoing ownership and activities (collectively, the " Company Business ") . 3. Execution and Performance of Agreement . Optionor (and the Company as applicable) has the requisite right, corporate power, authority, and capacity to enter into, execute, deliver, perform, and carry out the terms and conditions of this Agreement and each of the other instruments and agreements to be executed and delivered by Optionor in connection with this Agreement, as well as all transactions contemplated hereunder . All requisite corporate proceedings have been taken and Optionor (and the Company as applicable) has obtained all approvals, consents, and authorizations necessary to authorize the execution, delivery, and performance by Optionor of this Agreement . This Agreement has been duly and validly executed and delivered by Optionor and constitutes the valid, binding, and enforceable obligation of Optionor, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, or other similar laws affecting the enforcement of creditor's rights generally and by general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law . 4. Effect of Agreement . As of each Closing, the consummation by Optionor of the transactions herein contemplated, including the execution, delivery and consummation of this Agreement, will not : (a) Violate any judgment, statute, law, code, act, order, writ, rule, ordinance, regulation, governmental consent or governmental requirement, or determination or decree of any arbitrator, court, or other governmental agency or administrative body, which now or at any time hereafter may be applicable to and enforceable against the relevant party, work, or activity in question or any part thereof (collectively, "Requirement of Law") applicable to or binding upon Optionor, the Company or ; (b) Violate (i) the terms of the Certificate of Incorporation or Bylaws of Optionor ; or , (ii) any material agreement, contract, mortgage, indenture, bond, bill, note, or other material instrument or writing binding upon Optionor or Optionor or to which Optionor or Optionor is subject ; (c) Accelerate or constitute an event entitling the holder of any indebtedness of Optionor or the Company to accelerate the maturity of such indebtedness or to increase the rate of interest presently in effect with respect to such indebtedness ; or (d) Result in the breach of, constitute a default under, constitute an event which with notice or lapse of time, or both, would become a default under, or result in the creation of any lien, security interest,

![](image_009.jpg)

charge or encumbrance upon any part of the Property under any agreement, commitment, contract (written or oral) or other instrument to which Optionor or the Company is a party, or by which the Property is bound or affected. 5. Consents . No consents, approvals or other authorizations or notices, other than those which have been obtained and are in full force and effect, are required by any state or federal regulatory authority or other person or entity in connection with the execution and delivery of this Agreement and the performance of any obligations contemplated thereby . 6. Capitalization of the Company . The Company is authorized to issue 10 , 000 , 000 common shares, all of which have been issued to Optionor in the form of the Shares . All of the Shares are validly issued and outstanding, fully paid, and nonassessable . No other person has any right to acquire the Shares . 7. Title to the Shares . The Shares are owned beneficially and of record by Optionor . Optionor has full right and title to the Shares , free and clear of any lien or encumbrance whatsoever, and full and unrestricted right and power to sell and deliver the Shares pursuant to the provisions of this Agreement without obtaining the consent or approval of any other person . There are no outstanding subscriptions, options, warrants, calls, commitments, or agreements to which Optionor, or the Company is a party or by which either is bound relating to the Shares or any other interests in the Company . 8. Title to the Option Shares . Upon purchase of the Option Shares pursuant to this Agreement, GRO will have good title to the purchased Option Shares, free and clear of all liens, security interests, pledges, stockholder agreements, voting trusts, claims, charges and other encumbrances, other than the Operating Agreement . 9. Title to the Property . The Company has good and marketable title to the Property, free and clear of all liens, mortgages, conditional sale and other title retention agreements, pledges, assessments, tax liens, and other encumbrances of any nature, except as expressly disclosed in any exhibit herein or in writing to GRO . 10. Investment Experience . Optionor acknowledges that it can bear the economic risk of the transactions envisioned hereunder, and that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the transactions hereunder . 11. Full Access . During and throughout the Exercise Period, and in addition to and not in lieu of all rights under the Operating Agreement, Optionor will permit representatives of GRO to have full access to all premises, properties, books, records (including tax records), contracts, and documents of or pertaining to the Company . 12. Investigation and Reliance . Optionor is entering into this Agreement based upon its own independent investigation and evaluation of all facts and circumstances and is expressly not relying on any oral representations made by GRO or any of its agents or representatives . Optionor has also had the opportunity to receive independent legal advice prior to executing this Agreement . V GRO REPRESENTATIONS AND WARRANTIES GRO hereby represents and warrants to Optionor (and the Company as applicable) that the representations and warranties contained in this Article V are true, correct, and complete as of the Effective Date and will be correct and complete as of each Closing Date (as though made then and as though the Closing Date were substituted for the Effective Date throughout this Article V), except as otherwise expressly provided for to contrary herein : 1. Organization . GRO is a real - estate investment fund, duly organized, validly existing, and in g o od standing under the laws o f the State of Wyoming, with the requisite power a n d authority to own and u s e its properties and

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assets and to carry on its business as currently conducted and is not in violation or default of any of the provisions of its Certificate or Formation or any other charter documents. 2. Execution and Performance of Agreement . GRO has the requisite right, power, authority, and capacity to enter into, execute, deliver, perform, and carry out the terms and conditions of this Agreement, as well as all transactions contemplated hereunder, including, but not limited to, the Note . All requisite proceedings have been taken and GRO has obtained all approvals, consents, and authorizations necessary to authorize the execution, delivery, and performance by GRO of this Agreement . This Agreement has been duly and validly executed and delivered by GRO and constitutes the valid, binding, and enforceable obligation of GRO, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, or other similar laws affecting the enforcement of creditor's rights generally and by general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law) . 3. Effect of Agreement . As of the Closing, the consummation by GRO of the transactions herein contemplated, including the execution, delivery and consummation of this Agreement will not : (a) Violate any Requirement of Law applicable to or binding upon GRO or its principals; (b) Violate (i) the terms of the Certificate of Formation of GRO ; or, (ii) any material agreement, contract, mortgage, indenture, bond, bill, note, or other material instrument or writing binding upon GRO or to which GRO is subject ; or (c) Result in the breach of, constitute a default under, or constitute an event which with notice or lapse of time, or both, would become a default under, any agreement, commitment, contract (written or oral) or other instrument to which GRO is a party or is otherwise bound or affected . 4. Consents . No consents, approvals or other authorizations or notices, other than those which have been obtained and are in full force and effect, are required by any state or federal regulatory authority or other person or entity in connection with the execution and delivery of this Agreement and the performance of any obligations contemplated thereby . 5. Investment Experience . GRO acknowledges that it can bear the economic risk of the transactions envisioned hereunder, and that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the transactions hereunder . 6. Investigation and Reliance . On or prior to the Closing, GRO will have had the opportunity to investigate the business of Optionor and ask questions of Optionor regarding its business and that of the Company . As of the Closing, GRO will be purchasing the Option Shares based upon its own independent investigation and evaluation of the business and prospects of Optionor and the Company, and the covenants, representations, and warranties of Optionor set forth herein . GRO is expressly not relying on any oral representations made by Optionor or any of its agents or representatives . GRO has also had the opportunity to receive independent legal advice prior to executing this Agreement . VI ADDITIONAL COVENANTS AND AGREEMENTS 1. No Changes . Optionor covenants and agrees that it shall cause the Company, during the Exercise Period, not to merge or consolidate with any entity, sell all or any substantial part of the Property, or otherwise take any action which would hinder, obstruct or frustrate the transactions contemplated under this Agreement, except as otherwise expressly permitted herein . 2. Further Assurances . Each of the Parties hereto shall execute and deliver such additional documents, instruments, conveyances and assurances and take such further actions as may be reasonably required

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to carry out the provisions hereof and give effect to the transactions contemplated by or in connection with this Agreement. 3. Forbearances . From and after the Effective Date, Optionor shall ensure that the Company will not do any of the following without the prior written consent of GRO, in its sole and absolute discretion, except as otherwise expressly permitted under the Operating Agreement : (a) declare, set aside, make, or pay any distribution other than a direct obligation of the Company related to the Company Business ; (b) issue, sell, or deliver or enter into any agreement to issue, sell, or deliver any Shares, economic, or similar interest in the Company, or any options, warrants, or other rights, agreements, commitments, arrangements or understandings of any kind, contingent or otherwise, to purchase, sell or deliver any such interests, or any securities convertible into or exchangeable for any such interests, or otherwise change, combine, or reclassify its authorized capitalization ; (c) incur any indebtedness or issue or sell any debt securities or prepay any debt; (d) mortgage, pledge, or otherwise subject to any material lien or lease, any or all of the Property; (e) (f) forgive or cancel any debts or claims, or waive any rights, except for fair value ; enter into any type of business other than the Company Business or acquire any asset other than the Property, or create or organize any subsidiary or enter into or participate in any joint venture or partnership ; except as otherwise expressly contemplated by this Agreement, enter into any agreement or transactions with any affiliates or make any amendment or modification to any such agreement; make or change any election in respect of taxes or settle any claim related to taxes; sell or otherwise dispose of the Property; or enter into any contract, commitment, or arrangement to do any of the foregoing. (g) (h) (i) (j) 3. Assignment of Option a) Right to Assign Option to Purchase Shares - The Optionee shall have the right to assign all or part of their rights, title, and interest in and to the option to purchase shares of Optionor any time. b) Acknowledgment of Future Assignment - The Optionor, acknowledges and agrees that the Optionee intends to assign the Option, at a future date, to a new entity that will undertake a Regulation A financing (the "Reg A Entity"). The Optionor further consents to such assignment, provided that it complies with the conditions set forth in this clause and the Option Agreement. c) Conditions for Assignment - The right to assign the Option shall be subject to the following conditions: iii. i. Notice of Assignment: The Optionee shall provide written notice to the Company of the intended assignment to the Reg A Entity, including the identity of the assignee and the terms of the assignment, no less than thirty (30) days before the proposed effective date of the assignment. ii. Payment of Costs: Any fees, taxes, or transfer costs associated with the assignment shall be borne by the Optionee or the assignee, as agreed between the parties. Obligations of the Assignee - The assignee of the Option, including the Reg A Entity, shall agree, in writing, to be bound by all terms, conditions, and obligations set forth in the Option Agreement. The assignee shall assume full responsibility for compliance with the terms of the Option Agreement and

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applicable laws. iv. Acknowledgment by Optionor - The Optionor acknowledges and agrees that the assignment to the Reg A Entity is an integral part of the Optionee's planned financing activities, and the Optionor shall not unreasonably withhold consent or approval for such assignment, provided all conditions herein are met. 4. Repurchases of Shares - Until completion of the Reg A offering, and under certain circumstances the Optionor may repurchase the Shares bought by Optionee at the following purchase price: a) Beginning 1 year after the exercise of the Optionee and for a 1 - year period thereafter, the purchase price for the repurchased Shares will be equal to 115% of the Exercise Price paid by the Optionee; b) Beginning at the end of the period described in Item (1) above and for a 1 - year period thereafter, the purchase price for the repurchased Shares will be equal to 120% of the Exercise Price paid by the Optionee; and c) Beginning at the end of the period described in Item (2) above and thereafter, the purchase price for the repurchased Shares will be equal to 125% of the Exercise Price paid by the Optionee. d) Notwithstanding the foregoing, and unless otherwise agreed upon, the Optionor shall not purchase less than 50% in the aggregate of the total Shares from the Optionee per annum reduced by other transfers that do not qualify for the safe harbor under Treasury Regulation Section 1.7704 - 1(e). e) Optionee to provide under separate agreement a buyback option for the benefit of Optionor in a sum certain amount of tokens that will not expire for 10 years. VII ADDITIONAL PROVISIONS 1. Executed Counterparts . This Agreement m ay b e executed in any number of counterparts, all of which when taken together shall b e considered on e a n d the sam e agreement, it being understood that all Parties n e e d no t sign the sam e counterpart . I n the event that a n y signature is delivered b y Electronic Transmission, s u c h signature shall create a valid a n d binding obligation o f that Party (or o n whose behalf s u c h signature is executed) with the same for c e and effect a s an original thereof . Any copy o f this Agreement, with all signatures reproduced on one or more sets of signature pa g es, shall be considered for all purposes as if it were a n executed counterpart of this Agreement . 2. Entire Agreement . This Agreement, and all references, documents, or instruments referred to herein, contains the entire agreement and understanding of the Parties regarding the subject matter herein . The Parties have expressly not relied upon any promises, representations, warranties, agreements, covenants, or undertakings, other than those expressly set forth or referred to herein . This Agreement supersedes (i) any and all prior written or

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oral agreements, understandings, and negotiations between the Parties with respect to the subject matter contained herein; and, (ii) any course of performance and/or usage of the trade inconsistent with any of the terms hereof. 3. Severability . Each and every provision of this Agreement is severable and independent of any other term or provision of this Agreement . If any term or provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction . Upon such determination that any term or other provision is invalid, illegal, or unenforceable, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible . 4. Governing Law . This Agreement shall be governed by the laws of the State of Wyoming, without giving effect to any choice or conflict of law provision or rule (whether of the State of Wyoming or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Wyoming . 5. Enforcement . The Parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached . Accordingly, it is agreed that the Parties shall be entitled to seek an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, this being in addition to any other remedy to which they are entitled at law or in equity . The remedies of the Parties under this Agreement are cumulative and shall not exclude any other remedies to which any person may be lawfully entitled . 6. Recovery of Fees by Prevailing Party . In the event of any legal action (including arbitration) to enforce or interpret this Agreement, the non - prevailing Party shall pay the reasonable attorneys' fees and other costs and expenses (including expert witness fees) of the prevailing Party in such amount as may be determined . In addition, such non - prevailing Party shall pay reasonable attorneys' fees incurred by the prevailing Party in enforcing, or on appeal from, a judgment in favor of the prevailing Party . The preceding sentence is intended by the Parties to be severable from the other provisions of this Agreement and to survive and not be merged into such judgment . 7. Waiver Course of Dealing . No failure by any Party to insist on the strict performance of any covenant, duty, agreement, or condition of this Agreement or to exercise any right or remedy on a breach shall constitute a waiver of any such breach or of any other covenant, duty, agreement, or condition . Further, no course of dealing between Debtor and the Secured Parties, nor any failure to exercise, nor any delay in exercising, on the part of the Secured Parties, any right, power or privilege hereunder or under the Notes shall operate as a waiver thereof . No single or partial exercise of any right, power, or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power, or privilege . 8. Recitals . The facts recited in Article II, above, are hereby conclusively presumed to be true as between and affecting the Parties . 9. Amendment . This Agreement may be amended or modified only by a writing signed by all Parties. 10. Successors and Assigns . Except as expressly provided in this Agreement, each and all of the covenants, terms, provisions, conditions, and agreements herein contained shall be binding upon and shall inure to the benefit of the successors and assigns of the Parties . This Agreement is not assignable by either Party without the expressed written consent of all Parties . 11. Time . All Parties agree that time is of the essence as to this Agreement. 7 . 13 Provision Not Construed Against Party Drafting Agreement . This Agreement is the result of negotiations by and between the Parties ; is the product of the work and efforts of all Parties ; and, shall be deemed to

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have been drafted by all Parties . Each Party has had the opportunity to be represented by independent legal counsel of its choice . In the event of a dispute, no Party shall be entitled to claim that any provision should be construed against any other Party by reason of the fact that it was drafted by one particular Party . 14. Agreement Provisions, Exhibits, a n d Schedules . W h en a reference is made in this Agreement to an Article, Section, Subsection, Exhibit, or Schedule, s uch reference shall be to said item of this Agreement unless otherwise indicated . T he Exhibits and Schedules identified in this Agreement a r e incorporated herein by reference and m ade a part hereof as if set out in full herein . 15. Notices 1. Method and Delivery . All notices, requests and demands hereunder shall be in writing and delivered by hand, by Electronic Transmission, by mail, or by recognized commercial over - night delivery service (Federal Express or UPS, e . g .), and shall be deemed given (a) if by hand delivery, upon such delivery ; (b) if by Electronic Transmission, 24 - hours after sending ; (c) if by mail, 48 - hours after deposit in the United States mail, first class, registered or certified mail, postage prepaid ; or, (d) if by recognized commercial over - night delivery service, upon such delivery . 2. Consent to Electronic Transmission . Each Party hereby expressly consents to the use of Electronic Transmission for communications and notices hereunder . For purposes of this Agreement, "Electronic Transmission " means a communication (i) delivered by Fax or E - Mail when directed to the Fax number or E - Mail address, respectively, for that recipient on record with the sending Party ; and, (ii) that creates a record capable of retention, retrieval, and review, and that may thereafter be rendered into legible tangible form . 3. Address Changes . A Party may alter the F a x number, E - Mail address, physical address, or postage address to which communications o r copies are to be sent by giving notice o f such chan g e of address to the other Parties in a c co r dan c e with the provisions o f this Section 7 . 15 . 16. Waiver of Jury Trial . EACH PARTY HEREBY WAIVES TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTER CLAIM BROUGHT BY ANY OF THEM AGAINST THE OTHER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS AGREEMENT, OR ANY OTHER AGREEMENTS EXECUTED IN CONNECTION HEREWITH OR THE ADMINISTRATION THEREOF OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN . 17. Best Efforts . Each Party shall cooperate in good faith with the other Parties generally, and in particular, the Parties shall use and exercise their best efforts, taking all reasonable, ordinary and necessary measures to ensure an orderly and smooth relationship under this Agreement, and further agree to work together and negotiate in good faith to resolve any differences or problems which may arise in the future . However , the obligations under this Section 7 . 17 shall not include any obligation to incur substantial expense or liability . 18. Definitional Provisions . For purposes of this Agreement, (i) those words, names, or terms which are specifically defined herein shall have the meaning specifically ascribed to them ; (ii) wherever from the context it appears appropriate, each term stated either in the singular or plural shall include the singular and plural ; (iii) wherever from the context it appears appropriate, the masculine, feminine, or neuter gender, shall each include the others ; (iv) the words "hereof", "herein", "hereunder", and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole, and not to any particular provision of this Agreement ; (v) all references to "Dollars" or " $" shall be construed as being United States Dollars ; (vi) the term "including" is not limiting and means "including without limitation" ; and, (vii) all references to all statutes, statutory provisions, regulations, or similar administrative provisions shall be construed as a reference to such statute, statutory provision, regulation, or similar administrative provision as in force at the date of this Agreement and as may be subsequently amen

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VIII EXECUTION IN WITNESS WHEREOF , this Agreement has been duly executed by the Parties, and shall be effective as of and on the Effective Date . Each of the undersigned Parties hereby represents and warrants that it (i) has the requisite power and authority to enter into and ry out the terms and conditions of this Agreement, as well as all transactions contemplated hereunder ; and, (ii) it is duly authorized and empowered to execute and deliver this Agreement . GRO : OPTIONOR : GROESTATE INC SAXON INVESTMENTS INC BY: BY: NAME: Dominic Colvin NAME: Andrew Steedman TITLE:CEO TITLE: President DATED: August 21, 2025 DATED: August 21, 2025

Schedule A

Secured Promissory Note

## Ex1A-3

**Exhibit 3.6**

**GROESTATE INC.**

**And**

**AMBERCLOUD DEVELOPMENT CORP.**

**FEBRUARY 01 2025**

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I PARTIES THIS OPTION PURCHASE AGREEMENT (the "Agreement") is entered into effective as of the day of June 1 st 2025 (the "Effective Date"), by and between GroEstate Inc . a Wyoming based agricultural real - estate investment fund ("GRO") ; and, Ambercloud Development Corp . , a Canadian based real estate development company ("Optionor") . GRO and Optionor are sometimes referred to collectively herein as the "Parties", and each individually as a "Party" . II RECITALS A. Optionor is the controlling shareholder of The Amber Cloud Company, LLC a Nevada incorporated LLC (" Company"), which owns the land and buildings located at 18201 N. 122 nd Street Jones, OK (the "Lands") B. Optionor has agreed to grant GRO an option to purchase up to 100% of the shares of the Company on the terms and subject to the conditions as provided herein. NOW, THEREFORE, in consideration of the promises and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows : III GRANT AND EXERCISE OF THE OPTION 1. The Option . Subject to the terms and conditions hereof, Optionor hereby grants to GRO an irrevocable and exclusive right, privilege, and option to purchase (the " Option ") up to 100 % of the common shares of the Company, from time - to - time or all at once, for a total purchase price (the " Purchase Price ") of Ten Million Dollars (USD $10 , 000 , 000), further determined and payable as provided herein . The Option amount will be subject to fourth quarter (Q 4) 2025 rents and royalties received by lessee and is subject to the "Look Back" provision in section 3 . 8 . 2. Option Shares . The fully diluted share capital of the Company consists of ten million (10 , 000 , 000) shares (the " Shares "), with up to ten million shares to be purchased hereunder (the " Option Shares ") at a cost of One Dollar ($1 . 00) per Option Share . Option Shares shall be purchased hereunder in increments of fifty thousand (50 , 000) Option Shares for Fifty Thousand Dollars ($50 , 000) . The Option shall be valued at one million one hundred eleven thousand, one hundred and eleven US dollars ($1 , 111 , 111 . 11) per green house and the same pro rata ownership of the land . The Optionality shall be for completed insulated and operating greenhouses . 3. Exercise of the Option . GRO may exercise the Option at any time, and from time - to - time, in whole or part, during the Exercise Period . To exercise the Option, GRO must deliver written notice in the form, attached hereto and incorporated herein by reference (the " Exercise Notice ") to Optionor, stating that the Option is being exercised and identifying the number of Option Shares being acquired and the amount of the Purchase Price to be transferred for those Option Shares (the " Cash Payment ") . 4. Closing . Upon delivery of an Exercise Notice, this Agreement shall constitute an agreement between Optionor to sell, and GRO to purchase, that number of Option Shares specified in the respective Exercise Notice, upon the following terms and conditions : Optionor shall fully cooperate with GRO to take all steps as may be necessary to transfer ownership of the purchased Option Shares to GRO . (a) The closing for the purchase by GRO of the subject Option Shares (the " Closing ") shall be held within three (3) days after Optionor's receipt of the Exercise Notice, or at such time and place as shall be mutually agreed upon by Optionor and GRO (such date of Closing, the " Closing Date ") . (b) At the Closing, the Cash Payment shall be paid to Optionor in immediately available funds

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to an account designated in writing by Optionor, and the purchased Option Shares shall be issued to Optionor . The purchase shall not be deemed fully closed unless and until payment of the Cash Payment shall have been delivered to Optionor in the manner provided herein . (c) At the Closing, Optionor shall convey, transfer, and assign to GRO good and marketable title to the Option Shares, free and clear of any lien, security interest, restriction, claim or encumbrance, by delivering to GRO a duly executed Assignment of Shares, in the form and substance, as well as any such instruments and documents as GRO believes may be reasonably necessary to effectuate the consummation of the transfer of the Option Shares in form and substance reasonably satisfactory to GRO . (d) Upon consummation of the Closing, Optionor shall have no liability to the Company, to GRO, or to the creditors of the Company on account of any deficit balance in Optionor's capital account established and maintained by the Company for Optionor, nor shall Optionor have any obligation to restore a deficit balance in its capital account at the Closing . 5. Status as a Shareholder . The purchase of Option Shares hereunder accompanies with it, and vests in GRO, any and all rights as a shareholder of the Company, 6. Exercise Period . The Option may be exercised at any time, and from time - to - time, commencing on the Effective Date, and ending on December 31 , 2026 (the " Exercise Period ") . At the end of the Exercise Period, and if GRO has not acquired all of the Option Shares, then (i) GRO shall own the Option Shares it has acquired ; (ii) have no further right or obligation to acquire any remaining Option Shares ; and (iii) the Option shall terminate and be of no further force and effect . 7. Exclusivity . Optionor agrees that from the Effective Date until the earlier of (a) GRO's purchase of all of the Option Shares ; or, (ii) expiration of the Exercise Period, neither Optionor nor any affiliate or representative or agent of Optionor (including, without limitation, any investment banker, attorney, or accountant), will, directly or indirectly, (i) solicit, engage in discussions or negotiate with any person (whether such discussions or negotiations are initiated by Optionor) or take any other action relating to the sale of all or any portions of the Option Shares, or any other similar transaction ; (ii) provide information to any person or entity relating to any such transaction or potential transaction ; (iii) enter into an agreement or understanding with any person or entity providing for any such transaction or potential transaction ; or, (iv) make or authorize any statement, recommendation, or solicitation in support of or approving any such transaction or potential transaction . Optionor further agrees that it will promptly notify GRO if any proposal or offer, or any inquiry or contact with any person with respect thereto, is made as to the purchase of any Shares . IV OPTIONOR REPRESENTATIONS AND WARRANTIES Optionor hereby represents and warrants to GRO that the representations and warranties contained in this Article IV are true, correct, and complete as of the Effective Date and will be correct and complete as of each Closing Date (as though made then and as though the Closing Date were substituted for the Effective Date throughout this Article IV), except as otherwise expressly provided for to contrary herein : 1. The Company is a company, duly organized, validly existing, and in good standing under the laws of the State of Nevada, with the requisite power and authority to own and use its properties and assets and to carry on its business as currently conducted and is not in violation or default of any of the provisions of its organizational or charter documents . 2. Single Purpose Entity . The single purpose of the Company is expressly and exclusively limited to owning, operating, managing, encumbering, mortgaging, refinancing, developing, partitioning, subdividing, leasing, and selling, in whole or in part ("Property"), and all other activities directly related to the foregoing ownership and activities (collectively, the "Company Business") .

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3. Execution and Performance of Agreement . Optionor (and the Company as applicable) has the requisite right, corporate power, authority, and capacity to enter into, execute, deliver, perform, and carry out the terms and conditions of this Agreement and each of the other instruments and agreements to be executed and delivered by Optionor in connection with this Agreement, as well as all transactions contemplated hereunder . All requisite corporate proceedings have been taken and Optionor (and the Company as applicable) has obtained all approvals, consents, and authorizations necessary to authorize the execution, delivery, and performance by Optionor of this Agreement . This Agreement has been duly and validly executed and delivered by Optionor and constitutes the valid, binding, and enforceable obligation of Optionor, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, or other similar laws affecting the enforcement of creditor's rights generally and by general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law . 4. Effect of Agreement . As of each Closing, the consummation by Optionor of the transactions herein contemplated, including the execution, delivery and consummation of this Agreement, will not: (a) Violate any judgment, statute, law, code, act, order, writ, rule, ordinance, regulation, governmental consent or governmental requirement, or determination or decree of any arbitrator, court, or other governmental agency or administrative body, which now or at any time hereafter may be applicable to and enforceable against the relevant party, work, or activity in question or any part thereof (collectively, " Requirement of Law ") applicable to or binding upon Optionor, the Company or ; (b) Violate (i) the terms of the Certificate of Incorporation or Bylaws of Optionor ; or (ii) any material agreement, contract, mortgage, indenture, bond, bill, note, or other material instrument or writing binding upon Optionor or Optionor or to which Optionor or Optionor is subject ; (c) Accelerate or constitute an event entitling the holder of any indebtedness of Optionor or the Company to accelerate the maturity of such indebtedness or to increase the rate of interest presently in effect with respect to such indebtedness ; or (d) Result in the breach of, constitute a default under, constitute an event which with notice or lapse of time, or both, would become a default under, or result in the creation of any lien, security interest, charge or encumbrance upon any part of the Property under any agreement, commitment, contract (written or oral) or other instrument to which Optionor or the Company is a party, or by which the Property is bound or affected. 5. Consents . No consents, approvals or other authorizations or notices, other than those which have been obtained and are in full force and effect, are required by any state or federal regulatory authority or other person or entity in connection with the execution and delivery of this Agreement and the performance of any obligations contemplated thereby . 6. Capitalization of the Company . The Company is authorized to issue 10 , 000 , 000 common shares, all of which have been issued to Optionor in the form of the Shares . All of the Shares are validly issued and outstanding, fully paid, and nonassessable . No other person has any right to acquire the Shares . 7. Title to the Shares . The Shares are owned beneficially and of record by Optionor . Optionor has full right and title to the Shares, free and clear of any lien or encumbrance whatsoever, and full and unrestricted right and power to sell and deliver the Shares pursuant to the provisions of this Agreement without obtaining the consent or approval of any other person . There are no outstanding subscriptions, options, warrants, calls, commitments, or agreements to which Optionor, or the Company is a party or by which either is bound relating to the Shares or any other interests in the Company .

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8. Title to the Option Shares . Upon purchase of the Option Shares pursuant to this Agreement, GRO will have good title to the purchased Option Shares, free and clear of all liens, security interests, pledges, stockholder agreements, voting trusts, claims, charges and other encumbrances, other than the Operating Agreement . 9. Title to the Property . The Company has good and marketable title to the Property, free and clear of all liens, mortgages, conditional sale and other title retention agreements, pledges, assessments, tax liens, and other encumbrances of any nature, except as expressly disclosed in any exhibit herein or in writing to GRO . 10. Investment Experience . Optionor acknowledges that it can bear the economic risk of the transactions envisioned hereunder, and that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the transactions hereunder . 11. Full Access . During and throughout the Exercise Period, and in addition to and not in lieu of all rights under the Operating Agreement, Optionor will permit representatives of GRO to have full access to all premises, properties, books, records (including tax records), contracts, and documents of or pertaining to the Company . 12. Investigation and Reliance . Optionor is entering into this Agreement based upon its own independent investigation and evaluation of all facts and circumstances and is expressly not relying on any oral representations made by GRO or any of its agents or representatives . Optionor has also had the opportunity to receive independent legal advice prior to executing this Agreement . V GRO REPRESENTATIONS AND WARRANTIES GRO hereby represents and warrants to Optionor (and the Company as applicable) that the representations and warranties contained in this Article V are true, correct, and complete as of the Effective Date and will be correct and complete as of each Closing Date (as though made then and as though the Closing Date were substituted for the Effective Date throughout this Article V), except as otherwise expressly provided for to contrary herein : 1 . Organization . GRO is a real - estate investment fund, duly organized, validly existing, and in good standing under the laws of the State of Wyoming, with the requisite power and authority to own and use its properties and assets and to carry on its business as currently conducted and is not in violation or default of any of the provisions of its Certificate or Formation or any other charter documents . 5 . 2 Execution and Performance of Agreement . GRO has the requisite right, power, authority, and capacity to enter into, execute, deliver, perform, and carry out the terms and conditions of this Agreement, as well as all transactions contemplated hereunder, including, but not limited to, the Note . All requisite proceedings have been taken and GRO has obtained all approvals, consents, and authorizations necessary to authorize the execution, delivery, and performance by GRO of this Agreement . This Agreement has been duly and validly executed and delivered by GRO and constitutes the valid, binding, and enforceable obligation of GRO, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, or other similar laws affecting the enforcement of creditor's rights generally and by general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law) .

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3. Effect of Agreement . As of the Closing, the consummation by GRO of the transactions herein contemplated, including the execution, delivery and consummation of this Agreement will not: (a) Violate any Requirement of Law applicable to or binding upon GRO or its principals; (b) Violate (i) the terms of the Certificate of Formation of GRO ; or (ii) any material agreement, contract, mortgage, indenture, bond, bill, note, or other material instrument or writing binding upon GRO or to which GRO is subject ; or (c) Result in the breach of, constitute a default under, or constitute an event which with notice or lapse of time, or both, would become a default under, any agreement, commitment, contract (written or oral) or other instrument to which GRO is a party or is otherwise bound or affected . 4. Consents . No consents, approvals or other authorizations or notices, other than those which have been obtained and are in full force and effect, are required by any state or federal regulatory authority or other person or entity in connection with the execution and delivery of this Agreement and the performance of any obligations contemplated thereby . 5. Investment Experience . GRO acknowledges that it can bear the economic risk of the transactions envisioned hereunder, and that it has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of the transactions hereunder . 6. Investigation and Reliance . On or prior to the Closing, GRO will have had the opportunity to investigate the business of Optionor and ask questions of Optionor regarding its business and that of the Company . As of the Closing, GRO will be purchasing the Option Shares based upon its own independent investigation and evaluation of the business and prospects of Optionor and the Company, and the covenants, representations, and warranties of Optionor set forth herein . GRO is expressly not relying on any oral representations made by Optionor or any of its agents or representatives . GRO has also had the opportunity to receive independent legal advice prior to executing this Agreement . VI ADDITIONAL COVENANTS AND AGREEMENTS 1. No Changes . Optionor covenants and agrees that it shall cause the Company, during the Exercise Period, not to merge or consolidate with any entity, sell all or any substantial part of the Property, or otherwise take any action which would hinder, obstruct or frustrate the transactions contemplated under this Agreement, except as otherwise expressly permitted herein . 2. Further Assurances . Each of the Parties hereto shall execute and deliver such additional documents, instruments, conveyances and assurances and take such further actions as may be reasonably required to carry out the provisions hereof and give effect to the transactions contemplated by or in connection with this Agreement . 6 . 3 Forbearances . From and after the Effective Date, Optionor shall ensure that the Company will not do any of the following without the prior written consent of GRO, in its sole and absolute discretion, except as otherwise expressly permitted under the Operating Agreement : (a) declare, set aside, make, or pay any distribution other than a direct obligation of the Company related to the Company Business;

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(b) issue, sell, or deliver or enter into any agreement to issue, sell, or deliver any Shares, economic, or similar interest in the Company, or any options, warrants, or other rights, agreements, commitments, arrangements or understandings of any kind, contingent or otherwise, to purchase, sell or deliver any such interests, or any securities convertible into or exchangeable for any such interests, or otherwise change, combine, or reclassify its authorized capitalization ; (c) incur any indebtedness or issue or sell any debt securities or prepay any debt ; Property ; (d) mortgage, pledge, or otherwise subject to any material lien or lease, any or all of the Property; (e) forgive or cancel any debts or claims, or waive any rights, except for fair value; (f) enter into any type of business other than the Company Business or acquire any asset other than the Property, or create or organize any subsidiary or enter into or participate in any joint venture or partnership; (g) except as otherwise expressly contemplated by this Agreement, enter into any agreement or transactions with any affiliates or make any amendment or modification to any such agreement; (h) make or change any election in respect of taxes or settle any claim related to taxes; (i) sell or otherwise dispose of the Property; or (j) enter into any contract, commitment, or arrangement to do any of the foregoing. 6.4 Assignment of Option a) Right to Assign Option to Purchase Shares - Groestate Inc . shall have the right to assign all or part of their rights, title, and interest in and to the option to purchase shares of Optionor any time . b) Acknowledgment of Future Assignment - Ambercloud Developments Inc . , acknowledges and agrees that Groestate Inc . intends to assign the Option, at a future date, to a new entity that will undertake a Regulation A financing (the "Reg A Entity") . Ambercloud Developments Inc . further consents to such assignment, provided that it complies with the conditions set forth in this clause and the Option Agreement . c) Conditions for Assignment - The right to assign the Option shall be subject to the following conditions: i. Notice of Assignment : Groestate Inc . shall provide written notice to the Company of the intended assignment to the Reg A Entity, including the identity of the assignee and the terms of the assignment, no less than thirty (30) days before the proposed effective date of the assignment .

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ii . Payment of Costs : Any fees, taxes, or transfer costs associated with the assignment shall be borne by Groestate Inc . or the assignee, as agreed between the parties . d) Obligations of the Assignee - The assignee of the Option, including the Reg A Entity, shall agree, in writing, to be bound by all terms, conditions, and obligations set forth in the Option Agreement . The assignee shall assume full responsibility for compliance with the terms of the Option Agreement and applicable laws . e) Acknowledgment by Optionor - Ambercloud Developments Inc . acknowledges and agrees that the assignment to the Reg A Entity is an integral part of Groestate Inc . 's planned financing activities, and Ambercloud Developments Inc . shall not unreasonably withhold consent or approval for such assignment, provided all conditions herein are met . V I ADDITIONAL PROVISIONS I 1. Executed Counterparts . This Agreement may be executed in any number of counterparts, all of which when taken together shall be considered one and the same agreement, it being understood that all Parties need not sign the same counterpart . In the event that any signature is delivered by Electronic Transmission, such signature shall create a valid and binding obligation of that Party (or on whose behalf such signature is executed) with the same force and effect as an original thereof . Any copy of this Agreement, with all signatures reproduced on one or more sets of signature pages, shall be considered for all purposes as if it were an executed counterpart of this Agreement . 2. Entire Agreement . This Agreement, and all references, documents, or instruments referred to herein, contains the entire agreement and understanding of the Parties regarding the subject matter herein. The Parties have expressly not relied upon any promises, representations, warranties, agreements, covenants, or undertakings, other than those expressly set forth or referred to herein. This Agreement supersedes (i) any and all prior written or oral agreements, understandings, and negotiations between the Parties with respect to the subject matter contained herein; and, (ii) any course of performance and/or usage of the trade inconsistent with any of the terms hereof. 3. Severability . Each and every provision of this Agreement is severable and independent of any other term or provision of this Agreement . If any term or provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction . Upon such determination that any term or other provision is invalid, illegal, or unenforceable, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible . 4. Governing Law . This Agreement shall be governed by the laws of the State of Wyoming, without giving effect to any choice or conflict of law provision or rule (whether of the State of Wyoming or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Wyoming . 5. Enforcement . The Parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached . Accordingly, it is agreed that the Parties shall be entitled to seek an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement, this being in addition to any other remedy to which they are entitled at law or in equity . The remedies of the Parties under this Agreement are cumulative and shall not exclude any other remedies to which any person may be lawfully entitled .

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6. Recovery of Fees by Prevailing Party . In the event of any legal action (including arbitration) to enforce or interpret this Agreement, the non - prevailing Party shall pay the reasonable attorneys' fees and other costs and expenses (including expert witness fees) of the prevailing Party in such amount as may be determined . In addition, such non - prevailing Party shall pay reasonable attorneys' fees incurred by the prevailing Party in enforcing, or on appeal from, a judgment in favor of the prevailing Party . The preceding sentence is intended by the Parties to be severable from the other provisions of this Agreement and to survive and not be merged into such judgment . 7. Waiver ; Course of Dealing . No failure by any Party to insist on the strict performance of any covenant, duty, agreement, or condition of this Agreement or to exercise any right or remedy on a breach shall constitute a waiver of any such breach or of any other covenant, duty, agreement, or condition . Further, no course of dealing between Debtor and the Secured Parties, nor any failure to exercise, nor any delay in exercising, on the part of the Secured Parties, any right, power or privilege hereunder or under the Notes shall operate as a waiver thereof . No single or partial exercise of any right, power, or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power, or privilege . 8. Recitals . The facts recited in Article II, above, are hereby conclusively presumed to be true as between and affecting the Parties . 9. Amendment. This Agreement may be amended or modified only by a writing signed by all Parties. 10. Successors and Assigns . Except as expressly provided in this Agreement, each and all of the covenants, terms, provisions, conditions, and agreements herein contained shall be binding upon and shall inure to the benefit of the successors and assigns of the Parties . This Agreement is not assignable by either Party without the expressed written consent of all Parties . 11. Time. All Parties agree that time is of the essence as to this Agreement. 12. Provision Not Construed Against Party Drafting Agreement. This Agreement is the result of negotiations by and between the Parties; is the product of the work and efforts of all Parties; and, shall be deemed to have been drafted by all Parties. Each Party has had the opportunity to be represented by independent legal counsel of its choice. In the event of a dispute, no Party shall be entitled to claim that any provision should be construed against any other Party by reason of the fact that it was drafted by one particular Party. 13. Agreement Provisions, Exhibits, and Schedules . When a reference is made in this Agreement to an Article, Section, Subsection, Exhibit, or Schedule, such reference shall be to said item of this Agreement unless otherwise indicated . The Exhibits and Schedules identified in this Agreement are incorporated herein by reference and made a part hereof as if set out in full herein . 14. Notices. 1. Method and Delivery . All notices, requests a nd d e m and s hereunder shall be in writing a nd delivered by h a nd, by E lectronic Transmissio n, by mail, or by r ec ogni ze d commercial over - night delivery s e rvi c e (Federal Express or UPS, e . g .), a nd shall be d ee m e d giv e n (a) if by h a nd delivery, upon su c h delivery ; (b) if by Electronic Transmission, 24 - hour s after s e nding ; (c) if by mail, 48 - hour s after deposit in the United States mail, first class, registered or certified mail, postage prepaid ; o r , (d) if by r ec ogni ze d commercial over - night delivery s e rvi ce , upon su c h delivery .

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2. Consent to Electronic Transmission . Each Party hereby expressly consents to the use of Electronic Transmission for communications and notices hereunder . For purposes of this Agreement, "Electronic Transmission" means a communication (i) delivered by Fax or E - Mail when directed to the Fax number or E - Mail address, respectively, for that recipient on record with the sending Party ; and, (ii) that creates a record capable of retention, retrieval, and review, and that may thereafter be rendered into legible tangible form . 3. Address Changes . A Party may alter the Fax number, E - Mail address, physical address, or postage address to which communications or copies are to be sent by giving notice of such change of address to the other Parties in accordance with the provisions of this Section 7 . 15 . 15. Waiver of Jury Trial . EACH PARTY HEREBY WAIVES TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTER CLAIM BROUGHT BY ANY OF THEM AGAINST THE OTHER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS AGREEMENT, OR ANY OTHER AGREEMENTS EXECUTED IN CONNECTION HEREWITH OR THE ADMINISTRATION THEREOF OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN . 16. Best Efforts . Each Party shall cooperate in good faith with the other Parties generally, and in particular, the Parties shall use and exercise their best efforts, taking all reasonable, ordinary and necessary measures to ensure an orderly and smooth relationship under this Agreement, and further agree to work together and negotiate in good faith to resolve any differences or problems which may arise in the future . However, the obligations under this Section 7 . 17 shall not include any obligation to incur substantial expense or liability . 17. Definitional Provisions . For purposes of this Agreement, (i) those words, names, or terms which are specifically defined herein shall have the meaning specifically ascribed to them ; (ii) wherever from the context it appears appropriate, each term stated either in the singular or plural shall include the singular and plural ; (iii) wherever from the context it appears appropriate, the masculine, feminine, or neuter gender, shall each include the others ; (iv) the words "hereof", "herein", "hereunder", and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole, and not to any particular provision of this Agreement ; (v) all references to "Dollars" or " $" shall be construed as being United States Dollars ; (vi) the term "including" is not limiting and means "including without limitation" ; and, (vii) all references to all statutes, statutory provisions, regulations, or similar administrative provisions shall be construed as a reference to such statute, statutory provision, regulation, or similar administrative provision as in force at the date of this Agreement .

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VIII EXECUTION IN WITNESS WHEREOF , this Agreement has been duly executed by the Parties and shall be effective as of and on the Effective Date . Each of the undersigned Parties hereby represents and warrants that it (i) has the requisite power and authority to enter into and GROry out the terms and conditions of this Agreement, as well as all transactions contemplated hereunder ; and, (ii) it is duly authorized and empowered to execute and deliver this Agreement . GRO : OPTIONOR : GROESTATE INC AMBERCLOUD DEVELOPMENT CORP BY: BY: NAME: NAME: Madison Cope TITLE: TITLE: Director DATED: February 1 2025 DATED: February 1, 2025 Dominic Colvin CEO

## Ex1A-3

**Exhibit 3.7**

**SIDE AGREEMENT<br>** 

<br> This side agreement ("Agreement") is made and entered into by and between (i) GroEstate Inc., a Wyoming corporation ("GRO") on the one hand, and (ii) Ambercloud Development Corp., a Canadian company ("Amber Canada") and the Ambercloud Company, LLC, a Nevada limited liability company ("Amber") on the other hand, dated as of August 29, 2025. Each of GRO, Amber Canada, and Amber may be referred to hereinafter as the "Parties" and each as a "Party."

**WHEREAS**, Gro and Amber Canada have entered into an option purchase agreement ("Option") pursuant to which Gro has an option to purchase up to 100% of the outstanding equity interests of Amber from Amber Canada (the "Amber Equity");

**WHEREAS**, on May 1, 2025, Amber, as lessor, entered into a commercial lease agreement for hemp/cbd operation (the "Lease") with Global Strategies Resources, LLC ("Lessee") pursuant to which Lessee leased approximately 6.99 acres of land located at 18401 NE 122end Street, Jones OK 73049 (the "Premises") for a period of twenty (20) years, subject to a one (1) year renewal;

**WHEREAS**, pursuant to the Lease, Amber is entitled to receive from Lessee: (i) $6,250 USD per month per operating cultivation space (greenhouse), with 5% annual increases and (ii) $400 per light per production harvest cycle for the Premises (collectively, "Lease Revenue");

**WHEREAS**, as of the date of this Agreement, pursuant the Option, GRO has purchased 1.82% of the outstanding Amber Equity for $182,000; and

**WHEREAS**, pursuant to this Agreement, Amber and Amber Canada have agreed to provide GRO with certain revenues received from the Lease in proportion to their ownership of the outstanding Amber Equity.

**NOW, THEREFORE**, in consideration of the mutual covenants and agreements contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the Parties, the Parties to this Agreement hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Payment of Revenues to GRO from Lease Revenue</u>. Each of Amber and Amber Canada agree that upon receipt of any Lease Revenue, Amber shall, and Amber Canada shall cause amber to, make payments to GRO of such portion of the Lease Revenue as is equal to the percentage of outstanding Amber Equity owned by GRO on the date such Lease Revenue is received.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>No Additional Sales</u>. Amber and Amber Canada further confirm that except for the Option, no options, warrants, rights, or other convertible security or instrument exercisable or convertible into any security of Amber ("Convertible Instrument") is outstanding as of the date hereof and for the duration of the Exercise Period (as defined in the Option), no such Convertible Instrument will be issued or sold by Amber.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Term</u>. This Agreement will terminate upon the termination or expiration of the Lease.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Further Assurances</u>. Each Party hereto agrees to execute and deliver to any other Party hereto such additional documents or instruments as such other Party reasonably may request in order to fully effect the purposes and intent of, and the transactions contemplated by, this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Counterparts</u>. This Agreement may contain more than one counterpart of the signature page and this Agreement may be executed by the affixing of the signatures of each of the Parties to one of such counterpart signature pages. All of such counterpart signatures pages shall be read as though one, and they shall have the same force and effect as though all of the signers had signed a single signature page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Governing Law</u>. This Agreement and the rights of the parties hereunder shall be governed by and interpreted in accordance with the law of the State of Wyoming.

[REMAINDER OF PAGE INTENTIONALLY BLANK]

IN WITNESS WHEREOF, each of the parties hereto have executed this Agreement as of the date first above written.

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| | |
|:---|:---|
| **GROESTATE, INC.** | **GROESTATE, INC.** |
| By: |  |
|  | Name: Dominic Colvin<br>Title: CEO |

---

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| | |
|:---|:---|
| **AMBERCLOUD DEVELOPMENT CORP.** | **AMBERCLOUD DEVELOPMENT CORP.** |
| By: |  |
|  | Name: <br>Title: |

---

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| | |
|:---|:---|
| **THE AMBERCLOUD COMPANY LLC** | **THE AMBERCLOUD COMPANY LLC** |
| By: |  |
|  | Name: <br>Title: |

---

## Ex1A-3

**Exhibit 3.8**

**GROESTATE, INC.**

**<u>Common Stock Purchase Agreement</u>**

This Common Stock Purchase Agreement (this "<u>Agreement</u>") is made as of __________ by and between GroEstate, Inc., a Wyoming corporation (the "<u>Company</u>"), and the signatory to this Agreement ("<u>Purchaser</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. **<u>Sale of Stock</u>.** Subject to the terms and conditions of this Agreement, simultaneously with the execution and delivery of this Agreement by the parties or on such other date as the Company and Purchaser shall agree (the "<u>Purchase Date</u>"), the Company will issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, __________ shares of the Company's Common Stock (the "<u>Shares</u>") at a purchase price of $0.001 per share for a total purchase price of $__________ (the "<u>Aggregate Purchase Price</u>"). On the Purchase Date, Purchaser will deliver the Aggregate Purchase Price to the Company and the Company will enter the Shares in Purchaser's name as of such date in the books and records of the Company or, if applicable, a duly authorized transfer agent of the Company. The Company will deliver to Purchaser a notice of issuance with respect to the Shares as soon as practicable following such date. As used elsewhere herein, the term "<u>Shares</u>" refers to all of the Shares purchased hereunder and all securities received in connection with the Shares pursuant to stock dividends or splits, all securities received in replacement of the Shares in a recapitalization, merger, reorganization, exchange or the like, and all new, substituted or additional securities or other property to which Purchaser is entitled by reason of Purchaser's ownership of the Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. **<u>Consideration</u>.** As consideration for the mutual promises and covenants set forth in this Agreement, Purchaser will deliver the Aggregate Purchase Price by wire transfer or check made out to the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **<u>Repurchase Option; Vesting</u>.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) In the event of the voluntary or involuntary termination of Purchaser's Continuous Service Status (as defined below) for any reason (including, without limitation, resignation, death or Disability (as defined below)), with or without cause, the Company shall upon the date of such termination (the "<u>Termination Date</u>") have an irrevocable, exclusive option (the "<u>Repurchase Option</u>") for a period of one (1) month from such date to repurchase all or any portion of the Unvested Shares (as defined below) held by Purchaser as of the Termination Date at the original purchase price per Share (adjusted for any stock splits, stock dividends and the like) specified in Section 1. As used in this Agreement, "<u>Unvested Shares</u>" means Shares, if any, that have not yet been released from the Repurchase Option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Unless the Company notifies Purchaser within one (1) months from the Termination Date that it does not intend to exercise its Repurchase Option with respect to some or all of the Unvested Shares, the Repurchase Option shall be deemed automatically exercised by the Company as of the end of such one (1) month period following such Termination Date, provided that the Company may notify Purchaser that it is exercising its Repurchase Option as of a date prior to the end of such one (1) month period. Unless Purchaser is otherwise notified by the Company pursuant to the preceding sentence that the Company does not intend to exercise its Repurchase Option as to some or all of the Unvested Shares to which it applies at the time of termination, execution of this Agreement by Purchaser constitutes written notice to Purchaser of the Company's intention to exercise its Repurchase Option with respect to all Unvested Shares to which such Repurchase Option applies. The Company, at its choice, may satisfy its payment obligation to Purchaser with respect to exercise of the Repurchase Option by either (A) delivering a check to Purchaser in the amount of the purchase price for the Unvested Shares being repurchased, or (B) in the event Purchaser is indebted to the Company, canceling an amount of such indebtedness equal to the purchase price for the Unvested Shares being repurchased, or (C) by a combination of (A) and (B) so that the combined payment and cancellation of indebtedness equals such purchase price. In the event of any deemed automatic exercise of the Repurchase Option pursuant to this Section 3(a)(ii) in which Purchaser is indebted to the Company, such indebtedness equal to the purchase price of the Unvested Shares being repurchased shall be deemed automatically canceled as of the end of the one (1) month period following the Termination Date unless the Company otherwise satisfies its payment obligations. As a result of any repurchase of Unvested Shares pursuant to this Section 3(a), the Company shall become the legal and beneficial owner of the Unvested Shares being repurchased and shall have all rights and interest therein or related thereto, and the Company shall have the right to transfer to its own name the number of Unvested Shares being repurchased by the Company, without further action by Purchaser.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) [_______] percent ([\*]%) of the Shares shall initially be subject to the Repurchase Option (the "<u>Vesting Shares</u>"). (a) [_______] percent ([\*])% of the Vesting Shares shall be released from the Repurchase Option on the [_______] ([\*]) year anniversary of the Purchase Date, (b) [_______] percent ([\*]%) of the Vesting Shares shall be released from the Repurchase Option on the [_______] ([\*]) year anniversary of the Purchase Date, and (c) [_______] percent ([\*])% of the Vesting Shares shall be released from the Repurchase Option on the [_______] ([\*]) year anniversary of the Purchase Date; provided, however, that such scheduled releases from the Repurchase Option shall immediately cease as of the Termination Date. Fractional shares shall be rounded down to the nearest whole share.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Notwithstanding the foregoing, if a Change of Control occurs the vesting of the Unvested Shares shall accelerate such that the Repurchase Option in Section 3(a) shall lapse as to 100% of the Unvested Shares, effective as of immediately prior to consummation of a Change of Control. As used in this Agreement, "<u>Change of Control</u>" means (1) a sale of all or substantially all of the Company's assets other than to an Excluded Entity (as defined below), (2) a merger, consolidation or other capital reorganization or business combination transaction of the Company with or into another corporation, limited liability company or other entity other than an Excluded Entity, or (3) the consummation of a transaction, or series of related transactions, in which any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of all of the Company's then outstanding voting securities. Notwithstanding the foregoing, a transaction shall not constitute a Change of Control if its purpose is to (A) change the jurisdiction of the Company's incorporation, (B) create a holding company that will be owned in substantially the same proportions by the persons who hold the Company's securities immediately before such transaction, or (C) obtain funding for the Company in a financing that is approved by the Company's Board of Directors. An "<u>Excluded Entity</u>" means a corporation, limited liability company or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation's, limited liability company's or other entity's voting securities outstanding immediately after such transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) **<u>Transfer Restrictions; Right of First Refusal</u>.** Before any Shares held by Purchaser or any transferee of Purchaser (either being sometimes referred to herein as the "<u>Holder</u>") may be sold or otherwise transferred (including transfer by gift or operation of law), the Company shall first, to the extent the Company's approval is required by any applicable Bylaw Provisions, have the right to approve such sale or transfer, in full or in part, and shall then have the right to purchase all or any part of the Shares proposed to be sold or transferred, in each case, in its sole and absolute discretion (the "<u>Right of First Refusal</u>"). If the Holder would like to sell or transfer any Shares, the Holder must provide the Company or its assignee(s) with a Notice (as defined below) requesting approval to sell or transfer the Shares and offering the Company or its assignee(s) a Right of First Refusal on the same terms and conditions set forth in this Section 3(b). The Company may either (1) exercise its Right of First Refusal in full or in part and purchase such Shares pursuant to this Section 3(b), (2) decline to exercise its Right of First Refusal in full or in part and permit the transfer of such Shares to the Proposed Transferee (as defined below) in full or in part or (3) decline to exercise its Right of First Refusal in full or in part and, to the extent the Company's approval is required by any applicable Bylaw Provisions, decline the request to sell or transfer the Shares in full or in part.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) **<u>Notice of Proposed Transfer</u>.** The Holder of the Shares shall deliver to the Company a written notice (the "<u>Notice</u>") stating: (A) the Holder's intention to sell or otherwise transfer such Shares; (B) the name of each proposed purchaser or other transferee ("<u>Proposed Transferee</u>"); (C) the number of Shares to be sold or transferred to each Proposed Transferee; (D) the terms and conditions of each proposed sale or transfer, including (without limitation) the purchase price for such Shares (the "<u>Transfer Purchase Price</u>"); and (E) the Holder's offer to the Company or its assignee(s) to purchase the Shares at the Transfer Purchase Price and upon the same terms (or terms that are no less favorable to the Company).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) **<u>Exercise of Right of First Refusal</u>.** At any time within 30 days after receipt of the Notice, the Company and/or its assignee(s) shall deliver a written notice to the Holder indicating whether the Company and/or its assignee(s) elect to permit or reject the proposed sale or transfer, in full or in part, and/or elect to accept or decline the offer to purchase any or all of the Shares proposed to be sold or transferred to any one or more of the Proposed Transferees, at the Transfer Purchase Price, provided that if the Transfer Purchase Price consists of no legal consideration (as, for example, in the case of a transfer by gift), the purchase price will be the fair market value of the Shares as determined in good faith by the Company. If the Transfer Purchase Price includes consideration other than cash, the cash equivalent value of the non-cash consideration shall be determined by the Company in good faith.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) **<u>Payment</u>.** Payment of the Transfer Purchase Price shall be made, at the election of the Company or its assignee(s), in cash (by check), by cancellation of all or a portion of any outstanding indebtedness, or by any combination thereof within 60 days after receipt of the Notice or in the manner and at the times set forth in the Notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) **<u>Holder's Right to Transfer</u>.** If any of the Shares proposed in the Notice to be sold or transferred to a given Proposed Transferee are both (A) not purchased by the Company and/or its assignee(s) as provided in this Section 3(b) <u>and</u> (B) approved by the Company to be sold or transferred, then the Holder may sell or otherwise transfer any such Shares to the applicable Proposed Transferee at the Transfer Purchase Price or at a higher price, provided that such sale or other transfer is consummated within 120 days after the date of the Notice; provided that any such sale or other transfer is also effected in accordance with the Bylaw Provisions and any applicable laws and the Proposed Transferee agrees in writing that the Bylaw Provisions and the provisions of this Agreement, including this Section 3 shall continue to apply to the Shares in the hands of such Proposed Transferee. The Company, in consultation with its legal counsel, may require the Holder to provide an opinion of counsel evidencing compliance with applicable laws. If the Shares described in the Notice are not transferred to the Proposed Transferee within such period, or if the Holder proposes to change the price or other terms to make them more favorable to the Proposed Transferee, a new Notice shall be given to the Company, and the Company and/or its assignees shall again have the right to approve such transfer and be offered the Right of First Refusal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) **<u>Exception for Certain Family Transfers</u>.** Anything to the contrary contained in this Section 3(b) notwithstanding, the transfer of any or all of the Shares during Holder's lifetime or on Holder's death by will or intestacy to Holder's Immediate Family or a trust for the benefit of Holder or Holder's Immediate Family shall be exempt from the provisions of this Section 3(b). "<u>Immediate Family</u>" as used herein shall mean lineal descendant or antecedent, spouse (or spouse's antecedents), father, mother, brother or sister (or their descendants), stepchild (or their antecedents or descendants), aunt or uncle (or their antecedents or descendants), brother-in-law or sister-in-law (or their antecedents or descendants) and shall include adoptive relationships, or any person sharing Holder's household (other than a tenant or an employee). In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the Bylaw Provisions and the provisions of this Agreement, including this Section 3, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 3 and the Bylaw Provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) **<u>Company's Right to Purchase upon Involuntary Transfer</u>.** In the event of any transfer by operation of law or other involuntary transfer (including divorce or intestate transfer upon death, but excluding transfer upon death by will (to any transferee) or a transfer to Immediate Family as set forth in Section 3(b)(v) above) of all or a portion of the Shares by the record holder thereof, the Company shall have an option to purchase any or all of the Shares transferred at the fair market value of the Shares on the date of transfer (as determined by the Company in its sole discretion). Upon such a transfer, the Holder shall promptly notify the Secretary of the Company of such transfer. The right to purchase such Shares shall be provided to the Company for a period of 30 days following receipt by the Company of written notice from the Holder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **<u>Assignment</u>.** The right of the Company to purchase any part of the Shares may be assigned in whole or in part to any holder or holders of capital stock of the Company or other persons or organizations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) **<u>Restrictions Binding on Transferees</u>.** All transferees of Shares or any interest therein will receive and hold such Shares or interest subject to the Bylaw Provisions and the provisions of this Agreement, including, without limitation, Section 3, including, insofar as applicable, the Repurchase Option. In the event of any purchase by the Company hereunder where the Shares or interest are held by a transferee, the transferee shall be obligated, if requested by the Company, to transfer the Shares or interest to Purchaser for consideration equal to the amount to be paid by the Company hereunder. In the event the Repurchase Option is deemed exercised by the Company pursuant to Section 3(a)(ii) hereof, the Company may deem any transferee to have transferred the Shares or interest to Purchaser prior to their purchase by the Company, and payment of the purchase price by the Company to such transferee shall be deemed to satisfy Purchaser's obligation to pay such transferee for such Shares or interest, and also to satisfy the Company's obligation to pay Purchaser for such Shares or interest. Any sale or transfer of the Shares shall be void unless the provisions of this Agreement are satisfied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) **<u>Termination of Rights</u>.** The transfer restrictions set forth in Section 3(b) above, the Right of First Refusal granted the Company by Section 3(b) above and the right to repurchase the Shares in the event of an involuntary transfer granted the Company by Section 3(c) above shall terminate upon (i) the registration of any shares of Common Stock of the Company pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "<u>Securities Act</u>") (other than a registration statement relating solely to the issuance of Common Stock pursuant to a business combination or an employee incentive or benefit plan) or (ii) any transfer or conversion of Shares made pursuant to a statutory merger or statutory consolidation of the Company with or into another corporation or corporations if the common stock of the surviving corporation or any direct or indirect parent corporation thereof is registered under the Securities Exchange Act of 1934, as amended (the "<u>Exchange Act</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) **<u>Lock-Up Agreement</u>.** If so requested by the Company or the underwriters in connection with the initial public offering of the Company's securities registered under the Securities Act of 1933, as amended, Purchaser shall not sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any securities of the Company however or whenever acquired (except for those being registered) without the prior written consent of the Company or such underwriters, as the case may be, for 180 days from the effective date of the registration statement, and Purchaser shall execute an agreement reflecting the foregoing as may be requested by the underwriters at the time of such offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. **<u>Escrow of Unvested Shares</u>.** For purposes of facilitating the enforcement of the provisions of Section 3 above, Purchaser agrees to deliver a Stock Power in the form attached to this Agreement as <u>Exhibit A</u> executed by Purchaser and by Purchaser's spouse (if required for transfer), in blank, and such stock certificate(s), if any, to the Secretary of the Company, or the Secretary's designee, to hold such Shares (and stock certificate(s), if any) and Stock Power in escrow and to take all such actions and to effectuate all such transfers and/or releases as are required in accordance with the terms of this Agreement. Purchaser hereby acknowledges that the Secretary of the Company, or the Secretary's designee, is so appointed as the escrow holder with the foregoing authorities as a material inducement to make this Agreement and that said appointment is coupled with an interest and is accordingly irrevocable. Purchaser agrees that said escrow holder shall not be liable to any party hereof (or to any other party). The escrow holder may rely upon any letter, notice or other document executed by any signature purported to be genuine and may resign at any time. Purchaser agrees that if the Secretary of the Company, or the Secretary's designee, resigns as escrow holder for any or no reason, the Board of Directors of the Company shall have the power to appoint a successor to serve as escrow holder pursuant to the terms of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. **<u>Investment and Taxation Representations</u>.** In connection with the purchase of the Shares, Purchaser represents to the Company the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Purchaser is aware of the Company's business affairs and financial condition and has acquired sufficient information about the Company to reach an informed and knowledgeable decision to acquire the Shares. Purchaser is purchasing the Shares for investment for Purchaser's own account only and not with a view to, or for resale in connection with, any "distribution" thereof within the meaning of the Securities Act or under any applicable provision of state law. Purchaser does not have any present intention to transfer the Shares to any other person or entity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Purchaser understands that the Shares have not been registered under the Securities Act by reason of a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of Purchaser's investment intent as expressed herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Purchaser further acknowledges and understands that the securities must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available. Purchaser further acknowledges and understands that the Company is under no obligation to register the securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Purchaser is familiar with the provisions of Rule 144, promulgated under the Securities Act, which, in substance, permits limited public resale of "restricted securities" acquired, directly or indirectly, from the issuer of the securities (or from an affiliate of such issuer), in a non-public offering subject to the satisfaction of certain conditions. Purchaser understands that the Company provides no assurances as to whether he or she will be able to resell any or all of the Shares pursuant to Rule 144, which rule requires, among other things, that the Company be subject to the reporting requirements of the Exchange Act, that resales of securities take place only after the holder of the Shares has held the Shares for certain specified time periods, and under certain circumstances, that resales of securities be limited in volume and take place only pursuant to brokered transactions. Notwithstanding this Section 5(d), Purchaser acknowledges and agrees to the restrictions set forth in Section 5(e) below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Purchaser further understands that in the event all of the applicable requirements of Rule 144 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be required; and that, notwithstanding the fact that Rule 144 is not exclusive, the Staff of the Securities and Exchange Commission has expressed its opinion that persons proposing to sell private placement securities other than in a registered offering and otherwise than pursuant to Rule 144 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that such persons and their respective brokers who participate in such transactions do so at their own risk.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Purchaser represents that Purchaser is not subject to any of the "Bad Actor" disqualifications described in Rule 506(d)(1)(i) to (viii) under the Securities Act. Purchaser also agrees to notify the Company if Purchaser becomes subject to such disqualifications after the date hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Purchaser understands that Purchaser may suffer adverse tax consequences as a result of Purchaser's purchase or disposition of the Shares. Purchaser represents that Purchaser has consulted any tax consultants Purchaser deems advisable in connection with the purchase or disposition of the Shares and that Purchaser is not relying on the Company for any tax advice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. **<u>Restrictive Legends and Stop-Transfer Orders</u>.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **<u>Legends</u>.** Any stock certificate or, in the case of uncertificated securities, any notice of issuance, for the Shares, shall bear the following legends (as well as any legends required by the Company or applicable state and federal corporate and securities laws):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) "THE SECURITIES REFERENCED HEREIN HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISTRIBUTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) "THE SECURITIES referenced herein MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT BETWEEN THE Company AND THE stockholder, A COPY OF WHICH IS ON FILE WITH AND MAY BE OBTAINED FROM THE SECRETARY OF THE Company at no charge."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) **<u>Stop-Transfer Notices</u>.** Purchaser agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate "stop transfer" instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) **<u>Refusal to Transfer</u>.** The Company shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **<u>Legend and Notice Removal</u>.** When all of the following events have occurred, the Shares then held by Purchaser will no longer be subject to the legend specified in Section 6(a)(ii) and the Company will remove any stop-transfer notices associated with the transfer restrictions imposed by this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the termination of the Right of First Refusal;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the expiration or exercise in full of the Repurchase Option; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the expiration or termination of the lock-up provisions of Section 3(g) (and of any agreement entered pursuant to Section 3(g)).

After such time and upon Purchaser's request, a new stock certificate or, in the case of uncertificated securities, notice of issuance, for the remaining Shares, shall be issued without the legend specified in Section 6(a)(ii) and delivered to Purchaser.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) **<u>Required Notices</u>.** Purchaser acknowledges that the Shares are issued and shall be held subject to all the provisions of this Agreement, the Articles of Incorporation and the Bylaws of the Company and any amendments thereto, copies of which are on file at the principal office of the Company. A statement of all of the rights, preferences, privileges and restrictions granted to or imposed upon the respective classes and/or series of shares of stock of the Company and upon the holders thereof may be obtained by any stockholder upon request and without charge, at the principal office of the Company, and the Company will furnish any stockholder, upon request and without charge, a copy of such statement. Purchaser acknowledges that the provisions of this Section 6 shall constitute the notices required by any applicable provision of the Wyoming Business Corporation Act and Purchaser hereby expressly waives any requirements thereunder that it receive the written notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. **<u>No Employment Rights</u>.** Nothing in this Agreement shall affect in any manner whatsoever the right or power of the Company, or a parent, subsidiary or affiliate of the Company, to terminate Purchaser's employment or consulting relationship, for any reason, with or without cause.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. **<u>Section 83(b) Election</u>.** Purchaser understands that Section 83(a) of the Internal Revenue Code of 1986, as amended (the "<u>Code</u>"), taxes as ordinary income the difference between the amount paid for the Shares and the fair market value of the Shares as of the date any restrictions on the Shares lapse. In this context, "<u>restriction</u>" means the right of the Company to buy back the Shares pursuant to the Repurchase Option set forth in Section 3(a) of this Agreement. Purchaser understands that Purchaser may elect to be taxed at the time the Shares are purchased, rather than when and as the Repurchase Option expires, by filing an election under Section 83(b) (an "<u>83(b) Election</u>") of the Code with the Internal Revenue Service within 30 days from the date of purchase. Even if the fair market value of the Shares at the time of the execution of this Agreement equals the amount paid for the Shares, the election must be made to avoid income under Section 83(a) in the future. Purchaser understands that failure to file such an election in a timely manner may result in adverse tax consequences for Purchaser. Purchaser further understands that an additional copy of such election form should be filed with Purchaser's federal income tax return for the calendar year in which the date of this Agreement falls. Purchaser acknowledges that the foregoing is only a summary of the effect of United States federal income taxation with respect to purchase of the Shares hereunder, does not purport to be complete, and is not intended or written to be used, and cannot be used, for the purposes of avoiding taxpayer penalties. Purchaser further acknowledges that the Company has directed Purchaser to seek independent advice regarding the applicable provisions of the Code, the income tax laws of any municipality, state or foreign country in which Purchaser may reside, and the tax consequences of Purchaser's death, and Purchaser has consulted, and has been fully advised by, Purchaser's own tax advisor regarding such tax laws and tax consequences or has knowingly chosen not to consult such a tax advisor. Purchaser further acknowledges that neither the Company nor any subsidiary or representative of the Company has made any warranty or representation to Purchaser with respect to the tax consequences of Purchaser's purchase of the Shares or of the making or failure to make an 83(b) Election. PURCHASER (AND NOT THE COMPANY, ITS AGENTS OR ANY OTHER PERSON) SHALL BE SOLELY RESPONSIBLE FOR APPROPRIATELY FILING SUCH FORM WITH THE IRS, EVEN IF PURCHASER REQUESTS THE COMPANY, ITS AGENTS OR ANY OTHER PERSON MAKE THIS FILING ON PURCHASER'S BEHALF.

Purchaser agrees that Purchaser will execute and deliver to the Company with this executed Agreement a copy of the Acknowledgment and Statement of Decision Regarding Section 83(b) Election (the "<u>Acknowledgment</u>"), attached hereto as <u>Exhibit B</u> and, if Purchaser decides to make an 83(b) Election, a copy of the 83(b) Election, attached hereto as <u>Exhibit C</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. **<u>Certain Defined Terms</u>.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **"<u>Affiliate</u>"** means an entity other than a Subsidiary which, together with the Company, is under common control of a third person or entity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) **"<u>Consultant</u>"** means any person, including an advisor but not an Employee, who is engaged by the Company, or any Parent, Subsidiary or Affiliate, to render services (other than capital-raising services) and is compensated for such services, and any Director whether compensated for such services or not.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) **"<u>Continuous Service Status</u>"** means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of: (i) Company approved sick leave; (ii) military leave; (iii) any other bona fide leave of absence approved by the Company, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to a written Company policy. Also, Continuous Service Status as an Employee or Consultant shall not be considered interrupted or terminated in the case of a transfer between locations of the Company or between the Company, its Parents, Subsidiaries or Affiliates, or their respective successors, or a change in status from an Employee to a Consultant or from a Consultant to an Employee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **"<u>Director</u>"** means a member of the Board of Directors of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) **"<u>Disability</u>"** means "disability" within the meaning of Section 22(e)(3) of the Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) **"<u>Employee</u>"** means any person employed by the Company, or any Parent, Subsidiary or Affiliate, with the status of employment determined pursuant to such factors as are deemed appropriate by the Board of Directors of the Company in its sole discretion, subject to any requirements of applicable laws, including the Code. The payment by the Company of a director's fee shall not be sufficient to constitute "employment" of such director by the Company or any Parent, Subsidiary or Affiliate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) **"<u>Parent</u>"** means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company if each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) **"<u>Subsidiary</u>"** means any corporation (other than the Company) in an unbroken chain of corporations beginning with the Company if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. **<u>Miscellaneous</u>.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) **<u>Governing Law</u>.** The validity, interpretation, construction and performance of this Agreement, and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the laws of the state of California, without giving effect to principles of conflicts of law. For purposes of litigating any dispute that may arise directly or indirectly from this Agreement, the parties hereby submit and consent to the exclusive jurisdiction of the state of California and agree that any such litigation shall be conducted only in the courts of California or the federal courts of the United States located in California and no other courts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) **<u>Entire Agreement</u>.** This Agreement sets forth the entire agreement and understanding of the parties relating to the subject matter herein and supersedes all prior or contemporaneous discussions, understandings and agreements, whether oral or written, between them relating to the subject matter hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) **<u>Amendments and Waivers</u>.** No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement, shall be effective unless in writing signed by the parties to this Agreement. No delay or failure to require performance of any provision of this Agreement shall constitute a waiver of that provision as to that or any other instance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) **<u>Successors and Assigns</u>.** Except as otherwise provided in this Agreement, this Agreement, and the rights and obligations of the parties hereunder, will be binding upon and inure to the benefit of their respective successors, assigns, heirs, executors, administrators and legal representatives. The Company may assign any of its rights and obligations under this Agreement. No other party to this Agreement may assign, whether voluntarily or by operation of law, any of its rights and obligations under this Agreement, except with the prior written consent of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) **<u>Notices</u>.** Any notice, demand or request required or permitted to be given under this Agreement shall be in writing and shall be deemed sufficient when delivered personally or by overnight courier or sent by email, or 48 hours after being deposited in the U.S. mail as certified or registered mail with postage prepaid, addressed to the party to be notified at such party's address as set forth on the signature page, as subsequently modified by written notice, or if no address is specified on the signature page, at the most recent address set forth in the Company's books and records.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) **<u>Severability</u>.** If one or more provisions of this Agreement are held to be unenforceable under applicable law, the parties agree to renegotiate such provision in good faith. In the event that the parties cannot reach a mutually agreeable and enforceable replacement for such provision, then (i) such provision shall be excluded from this Agreement, (ii) the balance of the Agreement shall be interpreted as if such provision were so excluded and (iii) the balance of the Agreement shall be enforceable in accordance with its terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) **<u>Construction</u>.** This Agreement is the result of negotiations between and has been reviewed by each of the parties hereto and their respective counsel, if any; accordingly, this Agreement shall be deemed to be the product of all of the parties hereto, and no ambiguity shall be construed in favor of or against any one of the parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) **<u>Counterparts</u>.** This Agreement may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an original, and all of which together shall constitute one and the same agreement. Execution of a facsimile or scanned copy will have the same force and effect as execution of an original, and a facsimile or scanned signature will be deemed an original and valid signature.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) **<u>Electronic Delivery</u>.** The Company may, in its sole discretion, decide to deliver any documents related to this Agreement or any notices required by applicable law or the Company's Articles of Incorporation or Bylaws by email or any other electronic means. Purchaser hereby consents to (i) conduct business electronically, (ii) receive such documents and notices by such electronic delivery and (iii) sign documents electronically and agrees to participate through an on-line or electronic system established and maintained by the Company or a third party designated by the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) **<u>California Corporate Securities Law</u>.** THE SALE OF THE SECURITIES WHICH ARE THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN QUALIFIED WITH THE COMMISSIONER OF BUSINESS OVERSIGHT OF THE STATE OF CALIFORNIA AND THE ISSUANCE OF THE SECURITIES OR THE PAYMENT OR RECEIPT OF ANY PART OF THE CONSIDERATION THEREFOR PRIOR TO THE QUALIFICATION IS UNLAWFUL, UNLESS THE SALE OF SECURITIES IS EXEMPT FROM QUALIFICATION BY SECTION 25100, 25102 OR 25105 OF THE CALIFORNIA CORPORATIONS CODE. THE RIGHTS OF ALL PARTIES TO THIS AGREEMENT ARE EXPRESSLY CONDITIONED UPON THE QUALIFICATION BEING OBTAINED, UNLESS THE SALE IS SO EXEMPT.

*[Signature Page Follows]*

The parties have executed this Common Stock Purchase Agreement as of the date first set forth above.

**the company:**

GROESTATE, INC.

By: ______________________________

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Signature)

Name: ____________________________

Title: _____________________________

Address:<br> ____________________<br> __________ ______<br> United States<br>

**Purchaser:**

_________________________________

(Print Name)

By: ______________________________

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Signature)

Name: ____________________________

Title: _____________________________

Address:<br> ____________________<br> ____________________<br> Email: _______________

I, ____________________, spouse of ____________________ ("<u>Purchaser</u>"), have read and hereby approve the foregoing Common Stock Purchase Agreement (the "<u>Agreement</u>"). In consideration of the Company's granting my spouse the right to purchase the Shares as set forth in the Agreement, I hereby agree to be bound irrevocably by the Agreement and further agree that any community property or other such interest that I may have in the Shares shall hereby be similarly bound by the Agreement. I hereby appoint my spouse as my attorney-in-fact with respect to any amendment or exercise or waiver of any rights under the Agreement.

<u>_________________________________</u><br> Spouse of Purchaser (if applicable)

**<u>EXHIBIT A</u>**

**<u>STOCK POWER</u>**

***Instructions:*** *Please do not fill in any blanks other than the signature line. The purpose of this Stock Power is to enable the Company to exercise its repurchase option set forth in the Agreement without requiring additional signatures on the part of Holder.*

FOR VALUE RECEIVED, the undersigned ("<u>Holder</u>"), hereby sells, assigns and transfers unto __________________________________________________ ("<u>Transferee</u>") ___________________ shares of the Common Stock of GroEstates, Inc., a Wyoming corporation (the "<u>Company</u>"), standing in Holder's name on the Company's books as Certificate No. [U]CS-____ whether held in certificated or uncertificated form, and does hereby irrevocably constitute and appoint ____________________________________ to transfer said stock on the books of the Company with full power of substitution in the premises.

Dated: _______________________

**HOLDer:**

_________________________________

(Print Name)

By: ______________________________

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Signature)

Name: ____________________________

Title: _____________________________

Address:<br> ____________________<br> ____________________

____________________<br> Email: _______________

This Stock Power may only be used as authorized by the Common Stock Purchase Agreement between the Holder and the Company, dated __________ and the exhibits thereto.

IF YOU WISH TO MAKE A SECTION 83(B) ELECTION, THE FILING OF SUCH ELECTION IS YOUR RESPONSIBILITY.

THE FORM FOR MAKING THIS SECTION 83(B) ELECTION IS ATTACHED TO THIS AGREEMENT.

YOU MUST FILE THIS FORM WITHIN 30 DAYS OF PURCHASING THE SHARES.

YOU (AND NOT THE COMPANY, ANY OF ITS AGENTS OR ANY OTHER PERSON) SHALL BE SOLELY RESPONSIBLE FOR FILING SUCH FORM WITH THE IRS, EVEN IF YOU REQUEST THE COMPANY, ITS AGENTS OR ANY OTHER PERSON TO MAKE THIS FILING ON YOUR BEHALF AND EVEN IF THE COMPANY, ANY OF ITS AGENTS OR ANY OTHER PERSON HAs PREVIOUSLY MADE THIS FILING ON YOUR BEHALF.

The election should be filed by mailing a signed election form by certified mail, return receipt requested to the IRS Service Center where you file your tax returns. See www.irs.gov.

**<u>EXHIBIT B</u>**

**ACKNOWLEDGMENT AND STATEMENT OF DECISION<br> REGARDING SECTION 83(b) ELECTION**

The undersigned has entered into a stock purchase agreement with GroEstates, Inc., a Wyoming corporation (the "<u>Company</u>"), pursuant to which the undersigned is purchasing __________ shares of Common Stock of the Company (the "<u>Shares</u>"). In connection with the purchase of the Shares, the undersigned hereby represents as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.The undersigned has carefully reviewed the stock purchase agreement pursuant to which the undersigned is purchasing the Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.The undersigned either [check and complete as applicable]:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) ___ has consulted, and has been fully advised by, the undersigned's own tax advisor, __________________________, whose business
address is _________________________________________________________, regarding the federal, state and local tax consequences of purchasing
the Shares, and particularly regarding the advisability of making elections pursuant to Section 83(b) of the Internal Revenue Code of
1986, as amended (the " <u>Code</u> ") and pursuant to the corresponding provisions, if any, of applicable state law; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ___ has knowingly chosen not to consult such a tax advisor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.The undersigned hereby states that the undersigned has decided [check as applicable]:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) ___ to make an election pursuant to Section 83(b) of the Code, and is submitting to the Company, together with the undersigned's
executed stock purchase agreement, an executed form entitled "Election Under Section 83(b) of the Internal Revenue Code of 1986;"
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ___ not to make an election pursuant to Section 83(b) of the Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.Neither the Company nor any subsidiary or representative of the Company has made any warranty or representation to the undersigned with respect to the tax consequences of the undersigned's purchase of the Shares or of the making or failure to make an election pursuant to Section 83(b) of the Code or the corresponding provisions, if any, of applicable state law.

Dated: _______________________

**PURCHASer:**

_________________________________

(Print Name)

_________________________________

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Signature)

Address:<br> ____________________<br> ____________________

____________________

_________________________________

Spouse of Purchaser (if applicable)

**<u>Exhibit C</u>**

**ELECTION UNDER SECTION 83(b)<br> OF THE INTERNAL REVENUE CODE OF 1986**

The undersigned taxpayer hereby elects, pursuant to Section 83(b) of the Internal Revenue Code, to include in taxpayer's gross income for the current taxable year, the amount of any compensation taxable to taxpayer in connection with taxpayer's receipt of the property described below:

&nbsp;&nbsp;&nbsp;&nbsp;1. The name, address, taxpayer identification number and taxable year of the undersigned are as follows:

NAME OF TAXPAYER: ____________________

NAME OF SPOUSE: ____________________

ADDRESS:____________________<br> ____________________

IDENTIFICATION NO. OF TAXPAYER: ____________________

IDENTIFICATION NO. OF SPOUSE: ____________________

TAXABLE YEAR: ____________________

&nbsp;&nbsp;&nbsp;&nbsp;2. The property with respect to which the election is made is described as follows:

____________________ shares of the Common Stock of GroEstates, Inc., a Wyoming corporation (the "<u>Company</u>").

&nbsp;&nbsp;&nbsp;&nbsp;3. The date on which the property was transferred is: ____________________

&nbsp;&nbsp;&nbsp;&nbsp;4. The property is subject to the following restrictions:

Repurchase option at cost in favor of the Company upon termination of taxpayer's employment or consulting relationship.

&nbsp;&nbsp;&nbsp;&nbsp;5. The fair market value at the time of transfer, determined without regard to any restriction other than a restriction which by its
terms will never lapse, of such property is: $____________________.

&nbsp;&nbsp;&nbsp;&nbsp;6. The amount (if any) paid for such property: [Paid for with property having a value of $____________________ and equivalent to the
value of the Shares] **OR** [$____________________].

The undersigned has submitted a copy of this statement to the person for whom the services were performed in connection with the undersigned's receipt of the above-described property. The transferee of such property is the person performing the services in connection with the transfer of said property.

<u>The undersigned understands that the foregoing election may not be revoked except with the consent of the Commissioner</u>.

Dated: _______________________

**PURCHASer:**

_________________________________

(Print Name)

_________________________________

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Signature)

Address:<br> ____________________<br> ____________________

____________________

_________________________________

Spouse of Purchaser (if applicable)

## Add

**Exhibit 99.1**

**GROESTATE INC.**

**Code of Ethics and Business Conduct**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Introduction</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 The Board of Directors ("**Board**") of GroEstate Inc. (together with its subsidiaries, the "**Company**") has adopted this Code of Ethics and Business Conduct (the "**Code**") in order to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) promote honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) promote full, fair, accurate, timely and understandable disclosure in reports and documents that the Company files with, or submits to, the United States Securities and Exchange Commission (the "**SEC**") and in other public communications made by the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) promote compliance with applicable governmental laws, rules and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) promote the protection of Company assets, including corporate opportunities and confidential information;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) promote fair dealing practices;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) deter wrongdoing; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) ensure accountability for adherence to the Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 All directors, officers and employees are required to be familiar with the Code, comply with its provisions and report any suspected violations as described below in Section 10, Reporting and Enforcement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Honest and Ethical Conduct</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 The Company's policy is to promote high standards of integrity by conducting its affairs honestly and ethically.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 Each director, officer and employee must act with integrity and observe the highest ethical standards of business conduct in his or her dealings with the Company's customers, suppliers, partners, service providers, competitors, employees and anyone else with whom he or she has contact in the course of performing his or her job.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Conflicts of Interest</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 A conflict of interest occurs when an individual's private interest (or the interest of a member of his or her family) interferes, or even appears to interfere, with the interests of the Company as a whole. A conflict of interest can arise when an employee, officer or director (or a member of his or her family) takes actions or has interests that may make it difficult to perform his or her work for the Company objectively and effectively. Conflicts of interest also arise when an employee, officer or director (or a member of his or her family) receives improper personal benefits as a result of his or her position in the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 Loans by the Company to, or guarantees by the Company of obligations of, employees or their family members are of special concern and could constitute improper personal benefits to the recipients of such loans or guarantees, depending on the facts and circumstances. Loans by the Company to, or guarantees by the Company of obligations of, any director or executive officer or their family members are expressly prohibited.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 Whether or not a conflict of interest exists or will exist can be unclear. Conflicts of interest should be avoided unless specifically authorized as described in Section 3.4.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4 Persons other than directors and executive officers who have questions about a potential conflict of interest or who become aware of an actual or potential conflict should discuss the matter with, and seek a determination and prior authorization or approval from, the Chief Financial Officer. A supervisor may not authorize or approve any matters related to a conflict of interest or make determinations as to whether a conflict of interest exists without first providing the Chief Financial Officer with a written description of the activity and seeking the Chief Financial Officer's written approval. If the Chief Financial Officer is himself involved in the potential or actual conflict, the matter should instead be discussed directly with the Chairman of the Board.

Directors and executive officers must seek determinations and prior written authorizations or approvals of potential conflicts of interest exclusively from the Audit Committee, if one exists, or alternatively from the independent members of the Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Compliance</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 Employees, officers and directors should comply, both in letter and spirit, with all applicable laws, rules and regulations in the cities, states and countries in which the Company operates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2 Although not all employees, officers and directors are expected to know the details of all applicable laws, rules and regulations, it is important to know enough to determine when to seek advice from appropriate personnel. Questions about compliance should be addressed to the Company's outside legal counsel as identified by the Chief Financial Officer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3 No director, officer or employee may purchase or sell any Company securities while in possession of material nonpublic information regarding the Company, nor may any director, officer or employee purchase or sell another company's securities while in possession of material nonpublic information regarding that company. It is against the Company's policies and illegal for any director, officer or employee to use material nonpublic information regarding the Company or any other company to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) obtain profit for himself or herself;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) avoid a loss for himself or herself; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) directly or indirectly "tip" others who might make an investment decision on the basis of that information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Disclosure</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 The Company's periodic reports and other documents filed with the SEC, including all financial statements and other financial information, must comply with applicable federal securities laws and SEC rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 Each director, officer and employee who contributes in any way to the preparation or verification of the Company's financial statements and other financial information must ensure that the Company's books, records and accounts are accurately maintained. Each director, officer and employee must cooperate fully with the Company's accounting and internal audit departments, as well as the Company's independent public accountants and counsel.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3 Each director, officer and employee who is involved in the Company's disclosure process must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) be familiar with and comply with the Company's disclosure controls and procedures and its internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) take all necessary steps to ensure that all filings with the SEC and all other public communications about the financial and business condition of the Company provide full, fair, accurate, timely and understandable disclosure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Protection and Proper Use of Company Assets</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1 All directors, officers and employees should protect the Company's assets and ensure their efficient use. Theft, carelessness and waste have a direct impact on the Company's financial results and are prohibited.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2 All Company assets should be used only for legitimate business purposes. Any suspected incident of fraud or theft should be reported for investigation immediately.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3 The obligation to protect Company assets includes the Company's proprietary information. Proprietary information includes but is not limited to intellectual property such as trade secrets, patents, trademarks, and copyrights, as well as business and marketing plans, product and service development ideas, designs, databases, records and any nonpublic financial data or reports. Unauthorized use or distribution of this information is prohibited and could also be illegal and result in civil or criminal penalties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Corporate Opportunities</u>. All directors, officers and employees owe a duty to the Company to advance its interests when the opportunity arises. Directors, officers and employees are prohibited from taking for themselves personally (or for the benefit of friends or family members) opportunities that are discovered through the use of Company assets, property, information or position. Directors, officers and employees may not use Company assets, property, information or position for personal gain (including gain of friends or family members). In addition, no director, officer or employee may compete with the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Confidentiality</u>. Directors, officers and employees should maintain the confidentiality of information entrusted to them by the Company or by its customers, suppliers or partners, except when disclosure is expressly authorized or is required or permitted by law. Confidential information includes all nonpublic information (regardless of its source) that might be of use to the Company's competitors or harmful to the Company or its customers, suppliers or partners if disclosed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Fair Dealing</u>. Each director, officer and employee must deal fairly with the Company's customers, suppliers, partners, service providers, competitors, employees and anyone else with whom he or she has contact in the course of performing his or her job. No director, officer or employee may take unfair advantage of anyone through manipulation, concealment, abuse or privileged information, misrepresentation of facts or any other unfair dealing practice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Reporting and Enforcement</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1 Reporting and Investigation of Violations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Actions prohibited by the Code involving directors or executive officers must be reported to the Audit Committee or the Company's outside legal counsel as identified by the Chief Financial Officer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Actions prohibited by the Code involving anyone other than a director or executive officer must be reported to the Chief Financial Officer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) After receiving a report of an alleged prohibited action, the Audit Committee or independent members of the Board (with respect to the activities of a director or executive officer), or the Chief Financial Officer (with respect to employees), must promptly take all appropriate actions necessary to investigate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) All directors, officers and employees are expected to cooperate in any internal investigation of misconduct.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2 Enforcement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company must ensure prompt and consistent action against violations of the Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) If, after investigating a report of an alleged prohibited action by a director or executive officer, the Audit Committee or independent members of the Board determine that a violation of the Code has occurred, the Audit Committee or independent members of the Board will report such determination to the entire Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) If, after investigating a report of an alleged prohibited action by any other person, the Chief Financial Officer determines that a violation of the Code has occurred, the Chief Financial Officer will report such determination to the Company's outside legal counsel and the Board.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Upon receipt of a determination that there has been a violation of this Code, the Board will take such preventative or disciplinary action as it deems appropriate, including, but not limited to, reassignment, demotion, dismissal and, in the event of criminal conduct or other serious violations of the law, notification of appropriate governmental authorities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3 Waivers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Only the independent members of the Board may, in their discretion, waive any violation of the Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any waiver for a director or an executive officer shall be disclosed as required by SEC and any applicable trading exchange rules that govern the Company at the time of violation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.4 Prohibition on Retaliation.

The Company does not tolerate acts of retaliation against any director, officer or employee who makes a good faith report of known or suspected acts of misconduct or other violations of this Code.

**Acknowledgment of Receipt and Review**

**Acknowledgment of Receipt and Review**

To be signed and returned to Dominic Colvin, CFO.

I, _______________________, acknowledge that I have received and read a copy of the GroEstate Inc. Code of Ethics and Business Conduct. I understand the contents of the Code and I agree to comply with the policies and procedures set out in the Code.

I understand that I should approach the CFO or representatives of the Company's outside legal counsel if I have any questions about the Code generally or any questions about reporting a suspected conflict of interest or other violation of the Code.

________________________ Signature ________________________ Name: ________________________ Date:

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 1-A

### REGULATION A OFFERING STATEMENT
### UNDER THE SECURITIES ACT OF 1933

### Item 1. Issuer Information

**Exact name of issuer:** GroEstate Inc.

**Jurisdiction of Incorporation/Organization:** WY

**Year of Incorporation:** 2025

**CIK:** 0002082126

**I.R.S. Employer Identification Number:** 33-3150776

**Primary Standard Industrial Classification Code:** 0700

**Total number of full-time employees:** 2

**Total number of part-time employees:** 2

**Address of Principal Executive Offices:** 30 N Gould St, STE R, Sheridan, WY 82801

**Company Phone:** 213-737-4545

**Person to contact:** Domnic Colvin

### Financial Statements

**Balance Sheet Information**

| Metric                                   | Amount      |
|:---|:---|
| Cash and Cash Equivalents                | $37969.00   |
| Investment Securities                    | $0.00       |
| Accounts and Notes Receivable            | $0.00       |
| Property, Plant and Equipment (PP&E)     | $0.00       |
| Total Assets                             | $169969.00  |
| Accounts Payable and Accrued Liabilities | $67500.00   |
| Long-Term Debt                           | $0.00       |
| Total Liabilities                        | $350216.00  |
| Total Stockholders' Equity               | $-180247.00 |
| Total Liabilities and Equity             | $169969.00  |

**Statement of Comprehensive Income Information**

| Metric                                    | Amount      |
|:---|:---|
| Total Revenues                            | $0.00       |
| Costs and Expenses Applicable to Revenues | $0.00       |
| Depreciation and Amortization             | $0.00       |
| Net Income                                | $-180247.00 |
| Earnings Per Share - Basic                | -1.08       |
| Earnings Per Share - Diluted              | -1.08       |

**Auditor Information**

| Metric          | Amount                              |
|:---|:---|
| Name of Auditor | Wahl Street Accountancy Corporation |

### Outstanding Securities

| Class                    |   Outstanding |     CUSIP | Publicly Traded   |
|:---|---:|---:|:---|
| Common Stock             |        765000 | 000000000 | None              |
| Series A Preferred Stock |             0 | 000000000 | None              |

### Item 2. Issuer Eligibility
- [x] The issuer certifies that all of the statements in this part are true.

### Item 3. Application of Rule 262
- [x] The issuer certifies that it is not disqualified and has not been involved in any disqualifying event.

### Item 4. Summary Information Regarding the Offering

**Tier:** Tier2

**Financial Statement Status:** Audited

**Type of Securities Offered:** Equity (common or preferred stock)

**Is this a delayed or continuous offering?** Yes

**Was or is the offering to take place within one year after qualification?** No

**Was or is the offering to commence within two days after qualification?** No

**Is this a best efforts offering?** Yes

**Was there any solicitation of interest?** No

**Are there any resale securities by affiliates of the issuer?** No

**Offering Amounts**

| Description                                                     | Amount       |
|:---|:---|
| Number of securities offered                                    | 7500000      |
| Number of securities outstanding                                | 0            |
| Price per security                                              | $10.00       |
| Issuer's aggregate offering price                               | $75000000.00 |
| Aggregate offering price of securities held by security holders | $0.00        |
| Aggregate price of securities offered concurrently              | $0.00        |
| Total aggregate offering price                                  | $75000000.00 |

**Anticipated Fees**

| Service Provider   | Name                                | Fees      |
|:---|:---|:---|
| Auditor            | Wahl Street Accountancy Corporation | $7500.00  |
| Legal              | Silvestre Law Group, P.C.           | $25000.00 |
| Promoters          |  |  |

**Estimated Net Proceeds to the Issuer:** $74967500.00

### Item 5. Jurisdictions in Which Securities are to be Offered

AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, DC, PR, A0, A1, A2, A3, A4, A5, A6, A7, A8, A9, B0, Z4

### Item 6. Unregistered Securities Issued or Sold Within One Year

**Name of Such Issuer:** GroEstate Inc.

**Title of Securities Issued:** Common Stock

**Total Amount of Securities Issued:** 765000

**Amount of such securities sold by principal security holders:** 0

**Aggregate consideration:** Within one (1) year of this filing we issued securities for total consideration of $319,309. The securities consist of: 1. On May 28, 2025, we sold 765,000 shares of common stock to founders, initial employees, and certain key consultants at a purchase price per share equal to $0.001 (the par value). Of the shares issued, (i) 210,000 shares vest fully at issuance, and (ii) 555,000 of such shares are subject to a repurchase right by the issuer with such repurchase right expiring as follows: (a) 185,000 shares of the repurchase right expire on the one year anniversary of issuance, (b) 185,000 shares of the repurchase right expire on the two year anniversary of issuance, and (c) 185,000 shares of the repurchase right expire on the three year anniversary of issuance, each subject to the purchaser continuing to be a service provider to the Company on each applicable date. Accordingly, the issuer received $765.00 in consideration for all such shares. 2.Between February and June of 2025, we sold investors an aggregate of $225,000 in convertible notes ("Prior Notes"), which were subsequently exchanged for new convertible notes on July 25, 2025 (the "Exchange Notes"). Additionally, between July and August 2025, we sold an additional $93,544 in convertible notes with the same terms as the Exchange Notes (with the Exchange Notes, the "Notes"). The Notes (i) mature one (1) year from the initial issuance date of the Prior Note or date of the Note as applicable, (ii) accrue interest at eight percent (8%) per annum, (iii) contain a bridge / exit fee of 30% of the principal amount of such Note payable at maturity or included in conversion, and (iv) are convertible into Series B Preferred Stock at a price per share equal to the sales price contained in this Offering Circular.

**Basis for aggregate consideration:** —

**Securities Act Exemption:** Exempt from registration under Section 4(2) of the Securities Act and Rules promulgated thereunder.