# EDGAR Filing Document

**Accession Number:** 0001963991
**File Stem:** 0001963991-23-000002
**Filing Date:** 2023-3
**Character Count:** 158096
**Document Hash:** d89ccc15f42e00e0735d1d37e964f5c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001963991-23-000002.hdr.sgml**: 20230310

**ACCESSION NUMBER**: 0001963991-23-000002

**CONFORMED SUBMISSION TYPE**: C

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230310

**DATE AS OF CHANGE**: 20230310

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Le Grand Bleu, LLC
- **CENTRAL INDEX KEY:** 0001963991
- **IRS NUMBER:** 921505171
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** C
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-31968
- **FILM NUMBER:** 23722291

**BUSINESS ADDRESS:**
- **STREET 1:** 1650 WEST END BLVD SUITE 100
- **CITY:** ST. LOUIS PARK
- **STATE:** MN
- **ZIP:** 55416
- **BUSINESS PHONE:** 418-999-9845

**MAIL ADDRESS:**
- **STREET 1:** 1650 WEST END BLVD SUITE 100
- **CITY:** ST. LOUIS PARK
- **STATE:** MN
- **ZIP:** 55416

### Attached PDF Documents

**Attachment 1:** `formcfinal5.pdf`

# UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

| OMB APPROVAL |  |
| --- | --- |
| OMB Number: | 3235-0716 |
| Expires: | August 31, 2022 |
| Estimated average burden hours per response ... 48.9697 |  |

# FORM C UNDER THE SECURITIES ACT OF 1933

(Mark one.)

☑ Form C: Offering Statement
☐ Form C-U: Progress Update:
☐ Form C/A: Amendment to Offering Statement:

☐ Check box if Amendment is material and investors must reconfirm within five business days.

☐ Form C-AR: Annual Report
☐ Form C-AR/A: Amendment to Annual Report
☐ Form C-TR: Termination of Reporting

Name of issuer: Le Grand Bleu, LLC

Legal status of issuer:

Form: limited liability company

Jurisdiction of Incorporation/Organization: Wyoming

Date of organization): December 16, 2022

Physical address of issuer: 1650 West End Blvd Suite 100 / St. Louis Park, Minnesota, 55416

Website of issuer: https://www.legrandbleunosybe.com/

Name of intermediary through which the offering will be conducted: Silicon Prairie Online, LLC

CIK number of intermediary: 0001711770

SEC file number of intermediary: 007-00123

CRD number, if applicable, of intermediary: 289746

Amount of compensation to be paid to the intermediary, whether as a dollar amount or a percentage of the offering amount, or a good faith estimate if the exact amount is not available at the time of the filing, for conducting the offering, including the amount of referral and any other fees associated with the offering:
$500.00 setup fee plus 5% on 1st $25,000; 4% on $1 Million - $2 Million; 3% on $2 Million - $3 Million, 2% on $3 million - $10 Million

Any other direct or indirect interest in the issuer held by the intermediary, or any arrangement for the intermediary to acquire such an interest:

None.

Type of security offered: Common Stock

Target number of securities to be offered: 2,000

Price (or method for determining price): 50.00

Target offering amount: 100,000.00

Oversubscriptions accepted: ☐ Yes ☑ No

If yes, disclose how oversubscriptions will be allocated: ☐ Pro-rata basis ☐ First-come, first-served basis

☐ Other - provide a description:

Maximum offering amount (if different from target offering amount): 2,400,000.00

Deadline to reach the target offering amount: twelve (12) months from filing date

SEC 2930 (4/17) Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1

NOTE: If the sum of the investment commitments does not equal or exceed the target offering amount at the offering deadline, no securities will be sold in the offering, investment commitments will be cancelled and committed funds will be returned.

Current number of employees: 0

| Total Assets: | Most recent fiscal year-end: 0 | Prior fiscal year-end: 0 |
| --- | --- | --- |
| Cash & Cash Equivalents: | Most recent fiscal year-end: $200.00 | Prior fiscal year-end: 0 |
| Accounts Receivable: | Most recent fiscal year-end: 0 | Prior fiscal year-end: 0 |
| Short-term Debt: | Most recent fiscal year-end: 0 | Prior fiscal year-end: 0 |
| Long-term Debt: | Most recent fiscal year-end: 0 | Prior fiscal year-end: 0 |
| Revenues/Sales | Most recent fiscal year-end: 0 | Prior fiscal year-end: 0 |
| Cost of Goods Sold: | Most recent fiscal year-end: 0 | Prior fiscal year-end: 0 |
| Taxes Paid: | Most recent fiscal year-end: 0 | Prior fiscal year-end: 0 |
| Net Income: | Most recent fiscal year-end: 0 | Prior fiscal year-end: 0 |

Using the list below, select the jurisdictions in which the issuer intends to offer the securities:

AL, AK, AZ, AR, CA, CO, CT, DE, DC, 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, BS, GU, PR, VI, IV, CANADA (FEDERAL LEVEL), ALBERTA, CANADA, BRITISH COLUMBIA, CANADA, MANITOBA, CANADA, NEW BRUNSWICK, CANADA, NEWFOUNDLAND, CANADA, NOVA SCOTIA, CANADA, ONTARIO, CANADA, PRINCE EDWARD ISLAND, CANADA, QUEBEC, CANADA, SASKATCHEWAN, CANADA, YUKON, CANADA

# SIGNATURE

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (Ag 227.100 et seq.), the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form C and has duly caused this Form to be signed on its behalf by the duly authorized undersigned.

Le Grand Bleu, LLC

(Issuer)

By

/s/ Yann Beaudoin Chief Executive Manager

(Signature and Title)

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (Ag 227.100 et seq.), this Form C has been signed by the following persons in the capacities and on the dates indicated.

/s/ Yann Beaudoin

(Signature)

Chief Executive Manager

(Title)

March 10th, 2023

(Date)

2

# THE COMPANY

1. Name of issuer: Le Grand Bleu, LLC

# ELIGIBILITY

2. ☑ Check this box to certify that all of the following statements are true for the issuer:

- Organized under, and subject to, the laws of a State or territory of the United States or the District of Columbia.
- Not subject to the requirement to file reports pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934.
- Not an investment company registered or required to be registered under the Investment Company Act of 1940.
- Not ineligible to rely on this exemption under Section 4(a)(6) of the Securities Act as a result of a disqualification specified in Rule 503(a) of Regulation Crowdfunding. (For more information about these disqualifications, see Question 30 of this Question and Answer format).
- Has filed with the Commission and provided to investors, to the extent required, the ongoing annual reports required by Regulation Crowdfunding during the two years immediately preceding the filing of this offering statement (or for such shorter period that the issuer was required to file such reports).
- Not a development stage company that (a) has no specific business plan or (b) has indicated that its business plan is to engage in a merger or acquisition with an unidentified company or companies.

INSTRUCTION TO QUESTION 2: If any of these statements is not true, then you are NOT eligible to rely on this exemption under Section 4(a)(6) of the Securities Act.

3. Has the issuer or any of its predecessors previously failed to comply with the ongoing reporting requirements of Rule 202 of Regulation Crowdfunding? ☐ Yes ☑ No

Explain:

3

# PRINCIPAL SECURITY HOLDERS

6. Provide the name and ownership level of each person, as of the most recent practicable date, who is the beneficial owner of 20 percent or more of the issuer's outstanding voting equity securities, calculated on the basis of voting power.

| Name of Holder | No. and Class of Securities Now Held | % of Voting Power Prior to Offering |
| --- | --- | --- |
| Soakmont Group, LLC | membership interests | 100% |
|  |  | % |
|  |  | % |
|  |  | % |

INSTRUCTION TO QUESTION 6: The above information must be provided as of a date that is no more than 120 days prior to the date of filing of this offering statement.

4

# MANAGERS OF THE COMPANY

4. Provide the following information about each manager (and any persons occupying a similar status or performing a similar function) of the issuer:

Name: Yann Beaudoin Dates of Service: December 16, 2022 - Present

Principal Occupation: Manager

Employer: Affilium Labs Dates of Service: January 12, 2020 - Present

Employer's principal business: 113 rue Saint Raoul, Québec, QC, Canada, G1B2K7

List all positions and offices with the issuer held and the period of time in which the manager served in the position or office:

Position: Chief Executive Manager Dates of Service: December 16, 2022 - Present

Business Experience: List the employers, titles and dates of positions held during past three years with an indication of job responsibilities: leading sales/marketing efforts, product and process development, and business management.

Employer: Affilium Labs

Employer's principal business: 113 rue Saint Raoul, Québec, QC, Canada, G1B2K7

Title: Chief Executive Officer Dates of Service: January 12, 2020 - Present

Responsibilities: Oversea operations & expansion of the custom software solution provider.

Software architect & engineer at the core, acts also as the CTO of the company.

Name: Michael Johnson Dates of Service: December 16, 2022-Present

Principal Occupation: Manager

Employer: Abbott Labs Dates of Service: February 1, 2017 - Present

Employer's principal business: 2350 Walnut St, Roseville, MN, 55113

Responsibilities: Direct ownership of timely shipments to all US domestic shipments for Abbott laboratories tier 1 site. Managing 50-55 employees and contractors, and responsible of $12m+ in med device shipments daily.

List all positions and offices with the issuer held and the period in which the manager served in the position or office:

Position: Chief Financial Manager Dates of Service: December 16, 2022 - Present

Business Experience: List the employers, titles and dates of positions held during past three years with an indication of job responsibilities: innovation and risk management, and product quality assurance.

Employer: Abbott Labs Dates of Service: February 1, 2017 - Present

Employer's principal business: 2350 Walnut St, Roseville, MN, 55113

Responsibilities: Direct ownership of timely shipments to all US domestic shipments for Abbott laboratories tier 1 site. Managing 50-55 employees and contractors, and responsible of $12m+ in med device shipments daily.

# OFFICERS OF THE COMPANY

5. Provide the following information about each officer (and any persons occupying a similar status or performing a similar function) of the issuer:

Name: Yann Beaudoin

Title: Chief Executive Manager Dates of Service: December 16, 2022 - Present
Responsibilities: Responsible for the overall success of the organization. Setting the overall strategy and direction of the company, make major corporate decisions. Is responsible for the overall performance of the company and makes decisions that affect its future. Also has the power to hire and fire executives and make other important decisions such as mergers and acquisitions. Is also the face of the company and represents it in the public.

List any prior positions and offices with the issuer and the period of time in which the officer served in the position or office:

Business Experience: List any other employers, titles and dates of positions held during past three years with an indication of job responsibilities:

Employer: Affilium Labs

Employer's principal business: 113 rue Saint Raoul, Québec, QC, Canada, G1B2K7

Title: Chief Executive Officer Dates of Service: January 12, 2020 - Present

Responsibilities: Oversea operations & expansion of the custom software solution provider. Software architect & engineer at the core, acts also as the CTO of the company.

Name: Michael Johnson

Title: Chief Financial Manager Dates of Service: December 16, 2022 - Present

Responsibilities: Responsible for the financial health of an organization. Typically handling tasks such as creating financial reports, developing strategies for long-term financial goals, and making recommendations for investments. Involved in budgeting and forecasting, risk management, and ensuring compliance with financial regulations.

List any prior positions and offices with the issuer and the period of time in which the officer served in the position or office:

Business Experience: List any other employers, titles and dates of positions held during past three years with an indication of job responsibilities:

Employer: Abbott Labs Dates of Service: February 1, 2017 - Present

Employer's principal business: 2350 Walnut St, Roseville, MN, 55113

Responsibilities: Direct ownership of timely shipments to all US domestic shipments for Abbott laboratories tier 1 site. Managing 50-55 employees and contractors, and responsible of $12m+ in med device shipments daily.

INSTRUCTION TO QUESTION 5: For purposes of this Question 5, the term officer means a president, vice president, secretary, treasurer or principal financial officer, comptroller or principal accounting officer, and any person routinely performing similar functions.

# BUSINESS AND ANTICIPATED BUSINESS PLAN

7. Describe in detail the business of the issuer and the anticipated business plan of the issuer.

7

# LE GRAND BLEU, LLC
NOTE REGARDING FORWARD LOOKING STATEMENTS

THE INFORMATION SET FORTH HEREIN CONTAINS "FORWARD-LOOKING INFORMATION", INCLUDING "FUTURE-ORIENTED FINANCIAL INFORMATION" AND "FINANCIAL OUTLOOK", UNDER APPLICABLE SECURITIES LAWS (COLLECTIVELY REFERRED TO HEREIN AS FORWARD-LOOKING STATEMENTS). EXCEPT FOR STATEMENTS OF HISTORICAL FACT, THE INFORMATION CONTAINED HEREIN CONSTITUTES FORWARD-LOOKING STATEMENTS AND INCLUDES, BUT IS NOT LIMITED TO, THE (I) PROJECTED FINANCIAL PERFORMANCE OF THE COMPANY; (II) COMPLETION OF, AND THE USE OF PROCEEDS FROM, THE SALE OF THE SHARES BEING OFFERED HEREUNDER; (III) THE EXPECTED DEVELOPMENT OF THE COMPANY'S BUSINESS, PROJECTS, AND JOINT VENTURES; (IV) EXECUTION OF THE COMPANY'S VISION AND GROWTH STRATEGY, INCLUDING WITH RESPECT TO FUTURE M&A ACTIVITY AND GLOBAL GROWTH; (V) SOURCES AND AVAILABILITY OF THIRD-PARTY FINANCING FOR THE COMPANY'S PROJECTS; (VI) COMPLETION OF THE COMPANY'S PROJECTS THAT ARE CURRENTLY UNDERWAY, IN DEVELOPMENT OR OTHERWISE UNDER CONSIDERATION; (VII) RENEWAL OF THE COMPANY'S CURRENT CUSTOMER, SUPPLIER AND OTHER MATERIAL AGREEMENTS; AND (VIII) FUTURE LIQUIDITY, WORKING CAPITAL, AND CAPITAL REQUIREMENTS. FORWARD-LOOKING STATEMENTS ARE PROVIDED TO ALLOW POTENTIAL INVESTORS THE OPPORTUNITY TO UNDERSTAND MANAGEMENT'S BELIEFS AND OPINIONS IN RESPECT OF THE FUTURE SO THAT THEY MAY USE SUCH BELIEFS AND OPINIONS AS ONE FACTOR IN EVALUATING AN INVESTMENT.

THESE STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND UNDUE RELIANCE SHOULD NOT BE PLACED ON THEM. SUCH FORWARD-LOOKING STATEMENTS NECESSARILY INVOLVE KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, WHICH MAY CAUSE ACTUAL PERFORMANCE AND FINANCIAL RESULTS IN FUTURE PERIODS TO DIFFER MATERIALLY FROM ANY PROJECTIONS OF FUTURE PERFORMANCE OR RESULT EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS.

ALTHOUGH FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESENTATION ARE BASED UPON WHAT MANAGEMENT OF THE COMPANY BELIEVES ARE REASONABLE ASSUMPTIONS, THERE CAN BE NO ASSURANCE THAT FORWARD-LOOKING STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE FORWARD-LOOKING STATEMENTS IF CIRCUMSTANCES OR MANAGEMENT'S ESTIMATES OR OPINIONS SHOULD CHANGE EXCEPT AS REQUIRED BY APPLICABLE SECURITIES LAWS. THE READER IS CAUTIONED NOT TO PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS.

December 2023 / Seabrook Group / WLD-BHISTMONTS-NEROON 3

![img-0.jpeg](img-0.jpeg)

# LE GRAND BLEU

NOSY BE'S EXCLUSIVE ISLAND EXPERIENCE Phase 1

December 2022 / Statement Group / WILD INVESTMENTS VERSION 3

![img-1.jpeg](img-1.jpeg)

# PROLOGUE

The Le Grand Bleu project's inception followed a series of meetings with representatives of the government, real estate community, and the exploration of development opportunities in Madagascar. Le Grand Bleu was designed as a first step towards creating a world-class nature immersion experience in Madagascar's iconic natural landscape of Nosy Be. After acceptance by all relevant stakeholders, the objective of purchasing Le Grand Bleu will be to design, upgrade, and operate the existing 15 lodging units. The resort has been in operation for more than 20 years, with a solid client base and maintains a 4.5 stars review on Google and Trip Advisor. Le Grand Bleu's revenue in 2018-2019 averaged 391k USD. Due to the Covid-19 pandemic, Le Grand Bleu's owners closed the business and re-opened in May 2022. Currently, financials show Le Grand Bleu is projected to generate $404,000 for 12 months ending May 2023. After the acquisition the aim will be updating and upgrading the resort, building seven additional lodging units and bringing the resort's turnover to $1 million USD within 3 years.

# Le Grand Bleu, LLC
Condensed Consolidated Statement of Earnings (P&L)

|  | Twelve Months Ended | Twelve Months Ended |
| --- | --- | --- |
|  | December 31 | December 31 |
|  | 2024 | 2023 |
| REVENUES |  |  |
| Hotel income | $716,678 | $652,438 |
| Restaurant income | 204,902 | 179,361 |
| Other income | 164,184 | 85,410 |
| Gross Revenues | $1,085,764 | $917,209 |
| OPERATING EXPENSES |  |  |
| Site workforce & operation expenses | $258,189 | $226,586 |
| Site supplies and services | 59,543 | 54,016 |
| Management Incentive Fee | 153,606 | 127,321 |
| Depreciation and amortization | 14,400 | 14,400 |
| Total operating expenses | $485,738 | $422,323 |
| Income from operations | $600,026 | $494,886 |
| Provision for income taxes | $ - | $ - |
| Net income after tax | $600,026 | $494,886 |
| Earnings per share | $10.8 | $8.9 |

4

# Le Grand Bleu, LLC

# Condensed Consolidated Balance Sheet

|  | Twelve Months Ended December 31 | Twelve Months Ended December 31 |
| --- | --- | --- |
|  | 2024 | 2023 |
| ASSETS |  |  |
| Current assets |  |  |
| Cash and cash equivalents | $596,635 | $583,314 |
| Marketable securities | 5,000 | 2,500 |
| Accounts receivables | 2,500 | 750 |
| Inventory | 1,500 | 1,500 |
| Total current assets | $605,635 | $588,064 |
| Noncurrent assets |  |  |
| Property, plant, and equipment - net | $1,806,200 | $1,820,600 |
| Other noncurrent assets | 15,150 | 4,500 |
| Total non-current assets | $1,821,350 | $1,825,100 |
| TOTAL ASSETS | $2,426,985 | $2,413,164 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |
| Current liabilities |  |  |
| Accounts payable | $ - | $ - |
| Income tax payable | $ - | $ - |
| Total current liabilities | $ - | $ - |
| Noncurrent liabilities |  |  |
| Long-term lease liability | $4,600 | $4,600 |
| Total noncurrent liabilities | $4,600 | $4,600 |
| Shareholders' equity |  |  |
| Common stock and additional paid-in capital | $2,400,000 | $2,400,000 |
| Retained earnings | 27,385 | 11,064 |
| Treasury stock | (5,000) | (2,500) |
| Total stockholders' equity | 2,422,385 | 2,408,564 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $2,426,985 | $2,413,164 |

5

# Le Grand Bleu, LLC
Condensed Consolidated Statement of Cash Flows

|  | Twelve Months Ended December 31 | Twelve Months Ended December 31 |
| --- | --- | --- |
|  | 2024 | 2023 |
| Cash flow from operating activities: |  |  |
| Net income | $600,026 | $494,886 |
| Adjustments to reconcile net loss to net cash used in operating activities: |  |  |
| Depreciation and amortization | 14,400 | 14,400 |
| (Increase) decrease in assets |  |  |
| Marketable securities | (2,500) | (2,500) |
| Accounts receivables | (1,750) | (750) |
| Inventory | - | (1,500) |
| Other noncurrent assets | (10,650) | (4,500) |
| (Increase) decrease in liabilities |  |  |
| Income tax payable | - | - |
| Long-term lease liability | - | 4,600 |
| Net cash provided by operating activities | $599,526 | $504,636 |
| Cash flow from investing activities: |  |  |
| Acquisition of property, plant and equipment | $ - | $(1,835,000) |
| Net cash used in investing activities | $ - | $(1,835,000) |
| Cash flow from financing activities: |  |  |
| Proceed from issuance of common stock | $ - | $2,400,000 |
| Cash dividends paid | (583,705) | (483,822) |
| Repurchase of common stock (treasury) | (2,500) | (2,500) |
| Net cash provided (used) by financing activities | $(586,205) | $1,913,678 |
| Change in cash and cash equivalents | $13,321 | $583,314 |
| Cash and cash equivalents, beginning of the period | 583,314 | - |
| Cash and cash equivalents, end of the period | $596,635 | $583,314 |

6

# **Le Grand Bleu, LLC**  
 **Condensed Consolidated Statement of Owners Equity**

|  | Common stock and additional paid-in capital | Retained earnings | Total stockholders' equity |
| --- | --- | --- | --- |
| Balance as of January 1, 2023 | $ - | $ - | $ - |
| Issuance of common stock | 2,400,000 | - | 2,400,000 |
| Repurchase of common stock | (2,500) | - | 2,500 |
| Net income during the period | - | 494,886 | 494,886 |
| Cash dividends paid during the period | - | (483,822) | 483,822 |
| Balance as of December 31, 2023 | $2,397,500 | $11,064 | $2,408,564 |
| Issuance of common stock | - | - | - |
| Repurchase of common stock | (2,500) | - | 2,500 |
| Net income during the period | - | 600,026 | 600,026 |
| Cash dividends paid during the period | - | (583,705) | 583,705 |
| Balance as of December 31, 2024 | $2,395,000 | $27,385 | $2,422,385 |

7

# Le Grand Bleu, LLC

The preparation of these financial statement projections are in conformity with U.S. generally accepted accounting principles. Management is required 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, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Management evaluates the estimates and assumptions based on historical experience and believes that those estimates and assumptions are reasonable based upon information available to them.

Soakmont Group Chief Financial Officer

Michael Johnson

8

30. With respect to the issuer, any predecessor of the issuer, any affiliated issuer, any director, officer, general partner or managing member of the issuer, any beneficial owner of 20 percent or more of the issuer's outstanding voting equity securities, calculated in the same form as described in Question 6 of this Question and Answer format, any promoter connected with the issuer in any capacity at the time of such sale, any person that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with such sale of securities, or any general partner, director, officer or managing member of any such solicitor, prior to May 16, 2016:

(1) Has any such person been convicted, within 10 years (or five years, in the case of issuers, their predecessors and affiliated issuers) before the filing of this offering statement, of any felony or mis demeanor:

(i) in connection with the purchase or sale of any security? ☐ Yes ☒ No

(ii) involving the making of any false filing with the Commission? ☐ Yes ☒ No

(iii) arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser, funding portal or paid solicitor of purchasers of securities? ☐ Yes ☒ No

If Yes to any of the above, explain:

(2) Is any such person subject to any order, judgment or decree of any court of competent jurisdiction, entered within five years before the filing of the information required by Section 4A(b) of the Securities Act that, at the time of filing of this offering statement, restrains or enjoins such person from engaging or continuing to engage in any conduct or practice:

(i) in connection with the purchase or sale of any security? ☐ Yes ☒ No

(ii) involving the making of any false filing with the Commission? ☐ Yes ☒ No

(iii) arising out of the conduct of the business of an underwriter, broker, dealer, municipal securities dealer, investment adviser, funding portal or paid solicitor of purchasers of securities? ☐ Yes ☒ No

If Yes to any of the above, explain:

(3) Is any such person subject to a final order of a state securities commission (or an agency or officer of a state performing like functions); a state authority that supervises or examines banks, savings associations or credit unions; a state insurance commission (or an agency or officer of a state performing like functions); an appropriate federal banking agency; the U.S. Commodity Futures Trading Commission; or the National Credit Union Administration that:

(i) at the time of the filing of this offering statement bars the person from:

(A) association with an entity regulated by such commission, authority, agency or officer? ☐ Yes ☒ No

(B) engaging in the business of securities, insurance or banking? ☐ Yes ☒ No

(C) engaging in savings association or credit union activities? ☐ Yes ☒ No

(ii) constitutes a final order based on a violation of any law or regulation that prohibits fraudulent, manipulative or deceptive conduct and for which the order was entered within the 10-year period ending on the date of the filing of this offering statement? ☐ Yes ☒ No

If Yes to any of the above, explain:

(4) Is any such person subject to an order of the Commission entered pursuant to Section 15(b) or 15B(c) of the Exchange Act or Section 203(e) or (f) of the Investment Advisers Act of 1940 that, at the time of the filing of this offering statement:

(i) suspends or revokes such person's registration as a broker, dealer, municipal securities dealer, investment adviser or funding portal? ☐ Yes ☒ No

(ii) places limitations on the activities, functions or operations of such person? ☐ Yes ☒ No

(iii) bars such person from being associated with any entity or from participating in the offering of any penny stock? ☐ Yes ☒ No

If Yes to any of the above, explain:

(5) Is any such person subject to any order of the Commission entered within five years before the filing of this offering statement that, at the time of the filing of this offering statement, orders the person to cease and desist from committing or causing a violation or future violation of:

56

(i) any scienter-based anti-fraud provision of the federal securities laws, including without limitation Section 17(a)(1) of the Securities Act, Section 10(b) of the Exchange Act, Section 15(c)(1) of the Exchange Act and Section 206(1) of the Investment Advisers Act of 1940 or any other rule or regulation thereunder? ☐ Yes ☒ No

(ii) Section 5 of the Securities Act? ☐ Yes ☒ No

If Yes to any of the above, explain:

(6) Is any such person suspended or expelled from membership in, or suspended or barred from association with a member of, a registered national securities exchange or a registered national or affiliated securities association for any act or omission to act constituting conduct inconsistent with just and equitable principles of trade?

☐ Yes ☒ No

If Yes, explain:

(7) Has any such person filed (as a registrant or issuer), or was any such person or was any such person named as an underwriter in, any registration statement or Regulation A offering statement filed with the Commission that, within five years before the filing of this offering statement, was the subject of a refusal order, stop order, or order suspending the Regulation A exemption, or is any such person, at the time of such filing, the subject of an investigation or proceeding to determine whether a stop order or suspension order should be issued?

☐ Yes ☒ No

If Yes, explain:

(8) Is any such person subject to a United States Postal Service false representation order entered within five years before the filing of the information required by Section 4A(b) of the Securities Act, or is any such person, at the time of filing of this offering statement, subject to a temporary restraining order or preliminary injunction with respect to conduct alleged by the United States Postal Service to constitute a scheme or device for obtaining money or property through the mail by means of false representations?

☐ Yes ☒ No

If Yes, explain:

If you would have answered “Yes” to any of these questions had the conviction, order, judgment, decree, suspension, expulsion or bar occurred or been issued after May 16, 2016, then you are NOT eligible to rely on this exemption under Section 4(a)(6) of the Securities Act.

### OTHER MATERIAL INFORMATION

31. In addition to the information expressly required to be included in this Form, include:

(1) any other material information presented to investors; and
(2) such further material information, if any, as may be necessary to make the required statements, in the light of the circumstances under which they are made, not misleading.

57

# MATERIAL DOCUMENTS

1. ARTICLES OF ORGANIZATION
2. OPERATING AGREEMENT
3. SHARE PURCHASE AGREEMENT
4. ASSET PURCHASE AGREEMENT
5. WHOIS DOMAIN NAME INFORMATION (ALSO ATTACHED AS ANNEX 1 TO ASSET PURCHASE AGREEMENT)
6. TEST THE WATERS PAGE

![img-0.jpeg](img-0.jpeg)

Secretary of State

Wyoming Secretary of State

Herschler Bldg East, Ste.100 & 101

Cheyenne, WY 82002-0020

Ph. 307-777-7311

For Office Use Only

WY Secretary of State

FILED: Dec 16 2022 1:13PM

Original ID: 2022-001197024

# Limited Liability Company

# Articles of Organization

I. The name of the limited liability company is:

Le Grand Bleu, LLC

II. The name and physical address of the registered agent of the limited liability company is:

Corporation Service Company

1821 Logan Ave

Cheyenne, WY 82001

III. The mailing address of the limited liability company is:

5600 Camerata Way, Unit 425

St. Louis Park, MN 55416

IV. The principal office address of the limited liability company is:

1650 West End Blvd Suite 100

St. Louis Park, MN 55416

V. The organizer of the limited liability company is:

Jeffrey C. O'Brien

100 Washington Avenue South STE 1700

Signature: Jeffrey C. O'Brien

Date: 12/16/2022

Print Name: Jeffrey C. O'Brien

Title: Attorney

Email: jobrien@chestnutcambronne.com

Daytime Phone #: (612) 336-1298

Page 1 of 4

![img-1.jpeg](img-1.jpeg)

Secretary of State

Wyoming Secretary of State

Herschler Bldg East, Ste.100 & 101

Cheyenne, WY 82002-0020

Ph. 307-777-7311

I am the person whose signature appears on the filing; that I am authorized to file these documents on behalf of the business entity to which they pertain; and that the information I am submitting is true and correct to the best of my knowledge.
I am filing in accordance with the provisions of the Wyoming Limited Liability Company Act, (W.S. 17-29-101 through 17-29-1105) and Registered Offices and Agents Act (W.S. 17-28-101 through 17-28-111).
I understand that the information submitted electronically by me will be used to generate Articles of Organization that will be filed with the Wyoming Secretary of State.
I intend and agree that the electronic submission of the information set forth herein constitutes my signature for this filing.
I have conducted the appropriate name searches to ensure compliance with W.S. 17-16-401.
I consent on behalf of the business entity to accept electronic service of process at the email address provided with Article IV, Principal Office Address, under the circumstances specified in W.S. 17-28-104(e).

Notice Regarding False Filings: Filing a false document could result in criminal penalty and prosecution pursuant to W.S. 6-5-308.

W.S. 6-5-308. Penalty for filing false document.

(a) A person commits a felony punishable by imprisonment for not more than two (2) years, a fine of not more than two thousand dollars (\(2,000.00), or both, if he files with the secretary of state and willfully or knowingly:
(i) Falsifies, conceals or covers up by any trick, scheme or device a material fact;
(ii) Makes any materially false, fictitious or fraudulent statement or representation; or
(iii) Makes or uses any false writing or document knowing the same to contain any materially false, fictitious or fraudulent statement or entry.

☑ I acknowledge having read W.S. 6-5-308.

Filer is:

☑ An Individual

☐ An Organization

Filer Information:

By submitting this form I agree and accept this electronic filing as legal submission of my Articles of Organization.

Signature:

Jeffrey C. O'Brien

Date: 12/16/2022

Print Name:

Jeffrey C. O'Brien

Title:

Attorney

Email:

jobrien@chestnutcambronne.com

Daytime Phone #:

(612) 336-1298

Page 2 of 4

Wyoming

Secretary of State

Wyoming Secretary of State

Herschler Bldg East, Ste.100 & 101

Cheyenne, WY 82002-0020

Ph. 307-777-7311

## Consent to Appointment by Registered Agent

Corporation Service Company, whose registered office is located at 1821 Logan Ave, Cheyenne, WY 82001, voluntarily consented to serve as the registered agent for Le Grand Bleu, LLC and has certified they are in compliance with the requirements of W.S. 17-28-101 through W.S. 17-28-111.

I have obtained a signed and dated statement by the registered agent in which they voluntarily consent to appointment for this entity.

Signature: Jeffrey C. O'Brien

Date: 12/16/2022

Print Name: Jeffrey C. O'Brien

Title: Attorney

Email: jobrien@chestnutcambronne.com

Daytime Phone #: (612) 336-1298

Page 3 of 4

# STATE OF WYOMING
## Office of the Secretary of State

I, KARL ALLRED, Secretary of State of the State of Wyoming, do hereby certify that the filing requirements for the issuance of this certificate have been fulfilled.

CERTIFICATE OF ORGANIZATION

Le Grand Bleu, LLC

I have affixed hereto the Great Seal of the State of Wyoming and duly executed this official certificate at Cheyenne, Wyoming on this 16th day of December, 2022 at 1:13 PM.

![img-0.jpeg](img-0.jpeg)

![img-1.jpeg](img-1.jpeg)

Remainder intentionally left blank.

![img-2.jpeg](img-2.jpeg)

Filed Date: 12/16/2022

![img-3.jpeg](img-3.jpeg)

Secretary of State

Filed Online By:

Jeffrey C. O'Brien

on 12/16/2022

Page 4 of 4

DocuSign Envelope ID: 73E7CF96-8524-4121-8866-964A7E9A7D1A

# LIMITED LIABILITY COMPANY OPERATING AGREEMENT

# FOR

# LE GRAND BLEU, LLC

A Manager-Managed Limited Liability Company

THIS LIMITED LIABILITY COMPANY OPERATING AGREEMENT is made and entered into this day December 16, 2022 by Soakmont Group, LLC, a Wyoming limited liability company, and each individual or business entity later subsequently admitted to the Company. These individuals and/or business entities shall be known as and referred to as "Members" and individually as a "Member":

Soakmont Group, LLC

As of this date the Members, through their agent, Corporation Service Company, have formed the Manager-Managed Limited Liability Company named above under the laws of the State of Wyoming. Accordingly, in consideration of the conditions contained herein, they agree as follows:

# ARTICLE I

# Definitions

The terms defined in this Section I (except as may be otherwise expressly provided in this Agreement or unless the context clearly requires otherwise) shall for purposes of this Agreement, the Articles of Organization and the Bylaws of the Company, have the following respective meanings:

1.1 "Act" means the Wyoming Limited Liability Company Act contained in Wyoming Statutes, Section 17-29-101, et seq.
1.2 "Agreement" means this Limited Liability Company Operating Agreement, and all amendments and modifications hereto, including any schedules, amendments or supplements to the Agreement.
1.3 "Articles of Organization" means the Articles of Organization of the Company, as the same may be amended from time to time.
1.4 "Financial Rights" means those rights associated with a Membership Unit to share in Net Income and Net Losses and Distributions with respect to Membership Units, and the right to assign such rights, in accordance with the terms of this Agreement, the Articles of Organization and the Bylaws.
1.5 "Governance Rights" means all rights associated with a Membership Unit in the Company other than Financial Rights, including, without limitation, rights to vote, receive notices and attend meetings of members.
1.6 "Membership Unit" means one of the units into which the Members' ownership interests in the Company are divided, each such Membership Unit consisting of Governance Rights and Financial Rights, the right to assign such Membership Unit or the Financial Rights attributable to such Membership Unit, and to separate the Governance Rights and Financial Rights attributable to a Membership Unit and separately assign such rights, all in accordance with the Act, the Articles of Organization and Bylaws of the Company, and this Agreement. When the Governance Rights and Financial Rights attributable to a Membership Unit have been separated and such separation is reflected in the Required Records of the Company, references to Membership Unit shall mean the Governance Rights or Financial Rights related to such Membership Unit as appropriate in the context.
1.7 "Required Records" mean those records required to be maintained by the Company pursuant to the Act.

DocuSign Envelope ID: 73E7CF96-8524-4121-8866-964A7E9A7D1A

## ARTICLE 2
Company Formation and Registered Agent

2.1 FORMATION. The Members hereby form a Limited Liability Company ("Company") subject to the provisions of the Limited Liability Company Act as currently in effect as of this date. A Certificate of Formation shall be filed with the Secretary of State.

2.2 NAME. The name of the Company shall be: Le Grand Bleu, LLC.

2.3 REGISTERED OFFICE AND AGENT. The location of the registered office of the Company shall be:

2.4 TERM. The Company shall continue perpetually unless dissolved by: (a) Members whose capital interest as defined in Article 2.2 exceeds 50 percent vote for dissolution; or (b) any event which makes it unlawful for the business of the Company to be carried on by the Members; or (c) the death, resignation, expulsion, bankruptcy, retirement of a Member or the occurrence of any other event that terminates the continued membership of a Member of the Company; or (d) any other event causing a dissolution of a Limited Liability Company under the laws of the State of Wyoming.

2.5 CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 2.4, in the event of an occurrence described in ARTICLE 2.4(c), if there are at least two remaining Members, said remaining Members shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous vote of the remaining Members within ninety (90) days after the occurrence of an event described in ARTICLE 2.4(c). If not so exercised, the right of the Members to continue the business of the Company shall expire.

2.6 BUSINESS PURPOSE. The purpose of the Company is to engage in any lawful act or activity for which a Limited Liability Company may be formed under the Limited Liability statutes of the State of Wyoming.

2.7 PRINCIPAL PLACE OF BUSINESS. The location of the principal place of business of the Company shall be 1650 West End Blvd Suite 100, St Louis Park, MN 55416 or at such other place as the Managers from time to time select.

2.8 THE MEMBERS. The name and place of residence of each member are contained in Exhibit 2 attached to this Agreement.

2.9 ADMISSION OF ADDITIONAL MEMBERS. Except as otherwise expressly provided in the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the Members.

## ARTICLE 3
Capital Contributions

3.1 INITIAL CONTRIBUTIONS. The Members initially shall contribute to the Company capital as described in Exhibit 3 attached to this Agreement. The agreed value of such property and cash is $200.00.

3.2 ADDITIONAL CONTRIBUTIONS. Except as provided in ARTICLE 7.2, no Member shall be obligated to make any additional contribution to the Company's capital.

## ARTICLE 4
Profits, Losses and Distributions

4.1 PROFITS/LOSSES. For financial accounting and tax purposes the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Exhibit 2 as amended from time to time in accordance with Treasury Regulation 1.704-1.

DocuSign Envelope ID: 73E7CF96-8524-4121-8866-964A7E9A7D1A

4.2 DISTRIBUTIONS. The Members shall determine and distribute available funds annually or at more frequent intervals as they see fit. Available funds, as referred to herein, shall mean the net cash of the Company available after appropriate provision for expenses and liabilities, as determined by the Managers. Distributions in liquidation of the Company or in liquidation of a Member's interest shall be made in accordance with the positive capital account balances pursuant to Treasury Regulation 1.704-I(b)(2)(ii)(b)(2). To the extent a Member shall have a negative capital account balance, there shall be a qualified income offset, as set forth in Treasury Regulation 1.704-I(b)(2)(ii)(d).

## ARTICLE 5
Management

5.1 MANAGEMENT OF THE BUSINESS. The name and place of residence of each Manager is attached as Exhibit 1 of this Agreement. Such Managers shall serve until their successor(s) are elected by a unanimous vote of the Members, but no fewer than one, with one Manager elected by the Members as Chief Executive Manager.

5.2 MEMBERS. The liability of the Members shall be limited as provided under the laws of the Wyoming Limited Liability statutes. Members that are not Managers shall take no part whatever in the control, management, direction, or operation of the Company's affairs and shall have no power to bind the Company. The Managers may from time to time seek advice from the Members, but they need not accept such advice, and at all times the Managers shall have the exclusive right to control and manage the Company. No Member shall be an agent of any other Member of the Company solely by reason of being a Member.

5.3 POWERS OF MANAGERS. The Managers are authorized on the Company's behalf to make all decisions as to (a) the sale, development lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's assets; (f) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the company's business. In the exercise of their management powers, the Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's affairs, whether like or unlike the foregoing.

5.4 CHIEF EXECUTIVE MANAGER. The Chief Executive Manager shall have primary responsibility for managing the operations of the Company and for effectuating the decisions of the Managers.

5.5 NOMINEE. Title to the Company's assets shall be held in the Company's name or in the name of any nominee that the Managers may designate. The Managers shall have power to enter into a nominee agreement with any such person, and such agreement may contain provisions indemnifying the nominee, except for his willful misconduct.

5.6 COMPANY INFORMATION. Upon request, the Managers shall supply to any member information regarding the Company or its activities. Each Member or his authorized representative shall have access to and may inspect and copy all books, records and materials in the Manager's possession regarding the Company or its activities. The exercise of the rights contained in this ARTICLE 5.6 shall be at the requesting Member's expense.

5.7 EXCULPATION. Any act or omission of the Managers, the effect of which may cause or result in loss or damage to the Company or the Members if done in good faith to promote the best interests of the Company, shall not subject the Managers to any liability to the Members.

5.8 INDEMNIFICATION. The Company shall indemnify any person who was or is a party defendant or is threatened to be made a party defendant, pending or completed action, suit or proceeding, whether civil,

DocuSign Envelope ID: 73E7CF96-8524-4121-8866-964A7E9A7D1A

criminal, administrative, or investigative (other than an action by or in the right of the Company) by reason of the fact that he is or was a Member of the Company, Manager, employee or agent of the Company, or is or was serving at the request of the Company, for instant expenses (including attorney's fees), judgments, fines, and amounts paid in settlement actually and reasonably incurred in connection with such action, suit or proceeding if the Members determine that he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interest of the Company, and with respect to any criminal action proceeding, has no reasonable cause to believe his/her conduct was unlawful. The termination of any action, suit, or proceeding by judgment, order, settlement, conviction, or upon a plea of "no lo Contendere" or its equivalent, shall not in itself create a presumption that the person did or did not act in good faith and in a manner which he reasonably believed to be in the best interest of the Company, and, with respect to any criminal action or proceeding, had reasonable cause to believe that his/her conduct was lawful.

5.9 RECORDS. The Managers shall cause the Company to keep at its principal place of business the following:

(a) a current list in alphabetical order of the full name and the last known street address of each Member;
(b) a copy of the Certificate of Formation and the Company Operating Agreement and all amendments;
(c) copies of the Company's federal, state and local income tax
returns and reports, if any, for the three most recent years;
(d) copies of any financial statements of the limited liability company for the three most recent years.

### ARTICLE 6

### Compensation

6.1 MANAGEMENT FEE. Any Manager rendering services to the Company shall be entitled to compensation commensurate with the value of such services.

6.2 REIMBURSEMENT. The Company shall reimburse the Managers or Members for all direct out-of-pocket expenses incurred by them in managing the Company.

### ARTICLE 7

### Bookkeeping

7.1 BOOKS. The Managers shall maintain complete and accurate books of account of the Company's affairs at the Company's principal place of business. Such books shall be kept on such method of accounting as the Managers shall select. The company's accounting period shall be the calendar year.

7.2 MEMBER'S ACCOUNTS. The Managers shall maintain separate capital and distribution accounts for each member. Each member's capital account shall be determined and maintained in the manner set forth in Treasury Regulation 1.704-I(b)(2)(iv) and shall consist of his initial capital contribution increased by:

(a) any additional capital contribution made by him/her;

(b) credit balances transferred from his distribution account to his capital account; and decreased by:

(a) distributions to him/her in reduction of Company capital;
(b) the Member's share of Company losses if charged to his/her capital account.

6.3 REPORTS. The Managers shall close the books of account after the close of each calendar year, and shall prepare and send to each member a statement of such Member's distributive share of income and expense for income tax reporting purposes.

### ARTICLE 8

### AMENDMENTS

DocuSign Envelope ID: 73E7CF96-8524-4121-8866-954A7E9A7D1A

No change, modification or amendment of this Agreement shall be valid or binding unless such change, modification or amendment is contained in a writing signed by Members owning more than 51% of the Membership Units; provided, however, in no event may this Agreement be amended to provide for less than unanimous consent to avoid dissolution; and provided, however, in no event may any such modification or amendment more adversely affect any rights of any Member(s) holding only Financial Rights than Member(s) holding some Governance Rights without the consent of the Member(s) holding only Financial Rights.

# ARTICLE 9
MISCELLANEOUS

9.1 GOVERNING LAW. Notwithstanding the fact that the Company may conduct business in states other than Wyoming, and notwithstanding the fact that some or all of the Members may be residents of states other than Wyoming, this Agreement and the rights of the parties hereunder will be governed by, interpreted and enforced in accordance with the laws of the State of Wyoming.
9.2 ARTICLES OF ORGANIZATION. The Articles of Organization of the Company are incorporated by reference and hereby made a part of this Agreement. In the event of any conflict between the Articles of Organization and this Agreement, the provisions of this Agreement shall govern to the extent not contrary to law.
9.3 BINDING EFFECT. This Agreement will be binding upon and inure to the benefit of the Members, and their respective heirs, executors, administrators, personal representatives, successors and assigns.
9.4 SEVERABILITY. If any provision of this Agreement is held to be illegal, invalid, or unenforceable under the present or future laws effective during the term of this Agreement, such provision will be fully severable, and this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part of this Agreement, and the remaining provisions of this Agreement will remain in full force and effect and will not be affected by the illegal, invalid or unenforceable provision or by its severance from this Agreement. Furthermore, in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a provision as similar in terms to such illegal, invalid, or unenforceable provision as may be possible and be legal, valid and enforceable.
9.5 COUNTERPARTS. This Agreement may be executed in several counterparts, each of which will be deemed an original, but all of which will constitute one and the same instrument. However, in making proof hereof it will be necessary to produce only one copy hereof signed by the party to be charged.
9.6 ADDITIONAL DOCUMENTS AND ACTS. Each Member agrees to execute and deliver such additional documents and instruments and to perform such additional acts as may be necessary or appropriate to effectuate, carry out and perform all of the terms, provisions and conditions of this Agreement and the transactions contemplated hereby.
9.7 NO THIRD PARTY BENEFICIARY. This Agreement is made solely and specifically among and for the benefit of the parties hereto, and their respective successors and assigns, and no other person will have any rights, interest or claim hereunder or be entitled to any benefits under or on account of this Agreement, whether as a third party beneficiary or otherwise.
9.8 Notices. Any notice to be given or to be served upon the Company or any party hereto in connection with this Agreement must be in writing and will be deemed to have been given when received by the Company. Notices to Members will be deemed given when (i) delivered personally to a Member, (ii) delivered via telegraph or facsimile to a location or number designated by a Member, or (iii) deposited in the United States mail, postage prepaid and addressed to a Member at the address specified in the Company's records. Any Member or the Company may, at any time by giving five (5) days' prior written notice to the other Members and the Company, designate any other address in substitution of the foregoing address to which such notice will be given.

DocuSign Envelope ID: 73E7CF96-8524-4121-8866-964A7E9A7D1A

9.9 OTHER BUSINESS VENTURES. Any Member may engage in or possess an interest in other business ventures of every nature and description, independently or with others, whether such ventures are competitive with the Company or otherwise; and neither the Company nor the Members shall have any right by virtue of this Agreement in or to such independent ventures or to the income or profits derived therefrom and no Member shall have the obligation to bring any business opportunity to the Company or to any other Member.
9.10 HEADINGS AND TITLES. Article headings and titles are for descriptive purposes and convenience of reference only and shall not control or alter the meaning of this Agreement as set forth in the text.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above written, or with respect to Members acquiring Membership Unit after the date of this Agreement, on the date opposite the Member's signature.

Signed and Agreed this 16th day of December, 2022.

Soakmont Group, LLC

DocuSigned by:
Yann Beaudoin
By: Yann Beaudoin
Its: President

DocuSign Envelope ID: 73E7CF96-8524-4121-8866-964A7E9A7D1A

# **EXHIBIT 1**

# **LIMITED LIABILITY COMPANY OPERATING AGREEMENT
FOR LE GRAND BLEU, LLC**

# **LISTING OF MANAGERS**

By a majority vote of the Members the following Managers were elected to operate the Company pursuant to ARTICLE 4 of the Agreement:

DocuSigned by:  
\_\_\_\_\_  
Chief Executive Manager

DocuSigned by:  
\_\_\_\_\_  
Chief Financial Manager

Yann Beaudoin
Printed Name:

Michael A. Johnson
Printed Name:

Address Line 1

Address Line 1

Address Line 2

Address Line 2

The above listed Manager(s) will serve in their capacities until they are removed for any reason by a majority vote of the Members as defined by ARTICLE 4 or upon their voluntary resignation.

Signed and Agreed this 16th day of December, 2022.

**Soakmont Group, LLC**

DocuSigned by:  
\_\_\_\_\_  
By: Yann Beaudoin  
Its: President

DocuSign Envelope ID: 73E7CF96-8524-4121-8866-964A7E9A7D1A

## EXHIBIT 2

### LIMITED LIABILITY COMPANY OPERATING AGREEMENT
FOR LE GRAND BLEU, LLC

### LISTING OF MEMBERS

As of the 16th day of December, 2022 the following is a list
of Members of the Company:

NAME:

ADDRESS:

Soakmont Group, LLC

1650 West End Blvd Suite 100, St Louis Park, MN 55416

Authorized by Member(s) to provide Member Listing as of this 16th day of December, 2022

Soakmont Group, LLC

DocuSigned by:
By: Yann Beaudoin
Its: President

DocuSign Envelope ID: 73E7CF96-8524-4121-8865-964A7E9A7D1A

### EXHIBIT 3

### LIMITED LIABILITY COMPANY OPERATING AGREEMENT
FOR LE GRAND BLEU, LLC

### CAPITAL CONTRIBUTIONS

Pursuant to ARTICLE 3, the Members' initial contribution to the Company capital is stated to be $200.00
The description and each individual portion of this initial contribution is as follows:

Soakmont Group, LLC

$200

SIGNED AND AGREED this 16th day of December, 2022.

Soakmont Group, LLC

Yann Beaudoin

By: Yann Beaudoin

Its: President

# SHARE PURCHASE AGREEMENT

THIS SHARE PURCHASE AGREEMENT ("Agreement") is made and effective as of this day: 1st March 2023, the "Effective Date":

In between :

LE GRAND BLEU, LLC,

Wyoming Limited Liability Company is registered under number *** and at the following address,
3150 West End Blvd. St. Louis Park, MN 55416

Represented by Mr. Yann BEAUDOIN, CEO of Soakmont Group,

Hereinafter referred to as "the Buyer",

And :

Ms. Celine DUGUY,

Born on 06/06/1965 in Nantes of French nationality, holder of passport n° 17AD22742 issued on
01/20/2017 in Nantes residing BP 407 Andilana - Nosy Be 207 - Madagascar.

Hereinafter referred to as, "the Seller",

In the presence of :

Mr. Etienne ANSLOT, a Real estate broker whose offices are located at Center Commercial Le
Mall - Hell-Ville - Nosy Be.

"L'Agent"

# ARTICLE 1: PURCHASE AND SALE OF SHARES

# 1.1 Purchase and sale of shares

On and subject to the terms and conditions of this Agreement, upon Closing (as defined below), Seller
will sell, transfer and assign to Buyer, and Buyer will purchase and accept from Seller, all securities
issued and outstanding share capital of SARL CAHIFA LE GRAND BLEU, free, of all rights,
privileges, securities, pledges, restrictions, charges, shares, claims, encumbrances, voting agreements,
voting trusts, proxies and rights of any nature, nature or description.

Page 1

VB
CD

# 1.2 Transfer of shares.

At the time of the Closing, the transfer of the Shares under this Contract will be carried out by the delivery of an assignment of the shares of SARL CAHIFA LE GRAND BLEU signed by the 2 parties and validated by the tax authorities of Nosy Be ( See example Annex 2). The Seller will also submit to the Buyer the appointment of the new manager and new partners is carried out by an ordinary General Meeting signed by the 2 parties with as many signatures as partners and validated by the tax authorities (See example in Appendix 3 ).

Seller agrees to duly execute, acknowledge and deliver, without further consideration, all of its other documents, and to take all other steps in accordance with this Agreement, as shall be necessary to effect the transfer of Shares as contemplated. hereby free from all liens, securities, pledges, restrictions, encumbrances, actions, claims, encumbrances, voting agreements, voting trusts, proxies and rights of any kind, nature or description, subject only to the security agreement provided herein.

# 1.3 Purchase price and payment

The Buyer shall pay the Seller, in return for 100% of the social shares of Sarl CAHIFA LE GRAND BLEU, a total of Two Hundred Thousand Euros (€200,000) (the "Purchase price"). The purchase price will be paid no later than this date, i.e. eighteen (18) months after the date of execution of this agreement. The distribution between Mrs. Céline DUGUY and the commissions of the real estate broker Mr. Etienne ANSLOT is indicated below.

# 1.4 Payment to Madame Céline DUGUY

The total amount of the sale, less the commissions of the real estate broker, is €192,600. This amount will be paid in full by the Buyer to the Seller's account no later than 09/01/2024 (before September 1, 2024)

# 1.5 Payment of the commissions of the real estate broker Mr. Etienne ANSLOT.

The total amount of commissions for the sale is: €7,400. This amount will be paid in full by the Buyer on behalf of the Seller no later than: 09/01/2024 (before September 1, 2024)

1.6 Default of payment. In the event that Buyer fails to meet payment deadlines in accordance with the above schedule, interest shall accrue at the rate of 5% per annum until such amounts are paid to Seller.

In the event of a delay in payment of more than 3 months on the agreed schedule, for any reason whatsoever, the Seller reserves the right to note the pure and simple termination of this agreement and not to transfer its shares.

ARTICLE 2: THE CLOSURE

Page 2

VB
OD

**2.1 Closing Date.** The closing of the transactions contemplated by this agreement (the "Closing") will be held (18) months after the date of execution of this Agreement or upon payment in full of the purchase price (including interest, if any).

**2.2 Seller deliverables.** At Closing, Seller will perform, as necessary or appropriate, and deliver to Buyer each and all of the following:

- (a) The certificates for the transfer of shares (transfer of shares) representing the Shares, duly endorsed in blank or accompanied by powers of action duly signed,
- (b) the appointment of the new manager and new partners is carried out by an ordinary General Meeting signed by the 2 parties with as many signatures as partners and validated by the tax authorities (See example in Appendix 3)
- (c) The resignations of each of all officers and directors of the Company in a form and substance acceptable to the Buyer;
- (d) All stock exchange records, minute books and corporate seals, if any, of the Company;
- (It is) All Company files, books, records and correspondence in Seller's possession;
- (f) Any other documents, opinions and certificates that may be required under this Agreement or reasonably requested by Buyer.
- (g) All consents, waivers, assignments and authorizations of any kind or nature, whether by a governmental agency or otherwise, that may reasonably be required to effectively sell, assign and transfer the Assets to Buyer.

**2.3 Buyer Deliverables.** On the terms and subject to the conditions contained in this Agreement, Buyer shall make or cause to be made the following deliveries to Seller at Closing:

- (a) Final payment of the Purchase Price in accordance with Section 1.3 of this Agreement;
- (b) A copy certified by Buyer's Secretary of the duly passed resolutions of Buyer's Board of Directors approving this Agreement and authorizing the execution and delivery of this Agreement, including documents, instruments and agreements to be executed and/or to be delivered by Buyer pursuant hereto, and the consummation of the transactions contemplated herein and so;
- (c) Any other documents, opinions and certificates that may be required under this Agreement or reasonably requested by Seller.

# ARTICLE 3: ASSURANCE OF LIABILITIES

The seller must transfer the Shares to the buyer on the closing date free and clear of all charges or debts due to the shareholder by the company and the buyer shall not, by virtue of his purchase of the Shares, assume

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or become liable for any liability of the seller. The seller must provide the necessary evidence that the debts due to the shareholder or charges have been paid in full before the share transfer.

# ARTICLE 4: TAKING CHARGE OF THE ACTIONS

**4.1 Transfer of shares.** The Shares sold remain the property of the seller until full payment of the full price agreed in Article 1.3. However, the Seller agrees to share the management of the Company with the Buyer no later than 10 calendar days after the payment of the first payment indicated in the payment schedule of the Asset Transfer Agreement. Mrs. Céline DUGUY declines all responsibility during the period of management of the Company and thus entrusted to the Buyer. Where applicable, Ms. DUGUY will share her management powers with the natural or legal persons designated by the Buyer. During the handover, the seller gives the Company Wild Investments.inc (Wild World) and the company Grand Bleu LLC:

a) All stock exchange registers, minute books and corporate seals of the company,
a) All files, books, records and correspondence of the company in the possession of the Seller, necessary for the operation of the company,
b) All the links of the different websites with their identifiers and passwords. Passwords must remain unchanged during the 18-month period, until the final sale of the business.
c) All necessary documents for the proper functioning of the company.
d) All other documents, opinions and certificates which may be required under this contract or reasonably requested by the Buyer.

**4.2 Transfer of management of the company.** The transition of management training to the Buyer and the natural or legal persons designated by the Buyer (Wild Investments. inc) to assume the proper management of the establishment will begin no later than 10 calendar days after the payment of the first payment indicated in the payment schedule of the Asset Transfer Agreement. From this date, all operational income of Le Grand Bleu LLC will be authorized and under the control of the Buyer and Wild Investments. inc.

Within this period of 10 days, the Buyer and the natural or legal persons designated by the Buyer to assume the good management of the establishment take the accounting responsibility of the establishment: both income and expenditure. Banking transitions may take a little longer, in good understanding, between the parties. A statement of revenue and expenditure will be made between the local representatives of Wild Investment.inc and Ms. Duguy for a probationary period of 3 months.

**4.3 Responsibilities during the management period.** Madame Céline DUGUY declines all responsibility during the period of management of the hotel entrusted to the Buyer and its associated operator (wild Investment.inc). Wild Investments. inc will be responsible for the management of the establishment. If necessary, Ms. DUGUY will give her powers to the Wild Investments.inc team.

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4.4 Assurance. The Seller/Owner shall maintain all existing insurance coverage up to Closing and beyond Closing in the event that a post-closing move and cessation of business activities is in effect until such time, whether a final visit is made and both parties agree that the property has been officially vacated and handed over. to the new owner. Seller will provide Buyer with all insurance policies for the Property that Buyer will have in force at Buyer's or Buyer's lender's option on the Closing Date.
4.5 Transfer of ownership. Buyer agrees not to transfer, sell, assign, use as security, or otherwise alter or change Buyer's interest in the Property.
4.6 Change of ownership. Buyer shall not undertake any alterations to the property in excess of ten thousand dollars(50 000,00 $) or capable of altering the value of the property without the written consent of the seller.

# ARTICLE 5: REPRESENTATIONS AND WARRANTIES OF THE SELLER

In order to induce Buyer to enter into this Agreement and to consummate the transactions contemplated herein, intending that Buyer shall rely on it to enter into and perform this Agreement, Seller warrants and represents to purchaser that each and all of the following are true and correct as of the date of this Agreement:

5.1 Constitution in due form. The seller is a legal person with full capacity.
5.2 Due Authorization. The execution, delivery and performance of this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Seller pursuant to this Agreement, and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary corporate action on the part of Seller. This Agreement and the documents, instruments and agreements to be executed and/or delivered by Seller are valid and legally binding, and this Agreement and the documents, instruments and agreements to be executed and/or delivered by Seller pursuant to this Agreement are or will be upon such execution and delivery enforceable against Seller in accordance with their respective terms, except as such enforcement may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or other similar laws presently or hereafter in effect affecting the enforcement of creditors' rights generally and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity), including, among others, limitations on the availability of equitable remedies.
5.3 No violation. The seller has full power and authority to sell, assign, transfer, transport and deliver to Buyer the Shares for sale hereunder and to otherwise perform its respective obligations under this Agreement and the documents, instruments and agreements to be executed and/or delivered by the Seller.
5.4 Delete title. On the Closing Date, Seller shall convey to Buyer, free and clear, all encumbrances of whatever nature, nature or description, good, valid and negotiable title, or valid tenant interest.
5.5 Full disclosure. No representations or warranties made by Seller in this Agreement, including any documents, instruments and agreements to be executed and/or delivered by Seller pursuant to this Agreement, and no statement, certificate or other document or instrument furnished or to be furnished, by or on behalf of Seller pursuant to this Agreement or in connection with the making of the transactions contemplated herein, contains or will contain any misrepresentation of a material fact or

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omits or will omit, to state any material fact necessary to make the representations contained herein and herein not misleading or any fact necessary to provide Buyer with correct and adequate information regarding the Assets.

5.6 In accordance with the laws. To the seller's knowledge, the Shares and the seller are in full compliance with all license requirements and all applicable laws. The Seller has received (a) no notice and has no reason to foresee that the existing circumstances are likely to result in a material breach of applicable law relating to the Shares.

# ARTICLE 6: BUYER'S REPRESENTATIONS AND WARRANTIES

6.1 Constitution in due form. Buyer is a duly incorporated corporation validly existing and in good standing under the laws of the State of Minnesota.

6.2 Authorization due. The execution, delivery and performance of this Agreement, including any documents, instruments and agreements to be executed and/or delivered by Buyer hereunder, and the consummation of the transactions contemplated herein and have thus been duly and validly authorized by all the necessary authorities, social action on the part of the Buyer. This Agreement and the documents, instruments and agreements to be executed and/or delivered by Buyer are valid and legally binding, and this Agreement and the documents, instruments and agreements to be executed and/or delivered by Buyer under this Agreement are or will be, upon such execution and delivery, enforceable against Buyer in accordance with their respective terms, except as such execution may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in force affecting the enforcement of creditors' rights generally and by general principles of equity (regardless of whether such enforceability is considered in a judicial proceeding or in equity), including, among other things, limitations on the availability of equitable remedies.

6.3 No violation. The Buyer has full power and authority, corporate and otherwise, to purchase the Shares from the Seller and to otherwise perform its respective obligations under this Agreement and the documents, instruments and agreements to be executed and/or delivered by the Buyer hereunder, hereof. The execution and delivery of this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Buyer hereunder, and the consummation of the transactions contemplated herein shall not violate any provision of the Articles, organization or operation. Buyer's Agreement (or comparable governing documents or instruments).

# ARTICLE 7: CONDITIONS OF THE OBLIGATION TO CLOSURE

7.1 Buyer's Terms of Obligation. Buyer's obligation to complete the transactions related to the Closing of this Agreement is subject to satisfaction of the following conditions:

(a) Upon reasonable notice to Seller commencing on the date of this Agreement, Buyer shall have the right to make all such investigations, tests, examinations, evaluations and inspections of the Property as Buyer deems necessary or advisable.

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(b) Buyer's obligations as set forth in this Agreement are dependent upon inspection of the Property by Buyer or a representative of Buyer. Buyer shall have the right to inspect the Property prior to the Contingency Date. The choice and appointment of the inspector will be at the sole discretion of the Buyer who will also bear the costs alone. The time and date of inspection shall be at Buyer's option but shall be at reasonable time and notice. In the event that, at the end of the inspection, the Buyer is not satisfied with the condition of the Property, the Buyer must inform the Seller of the unsatisfactory conditions and request the Seller to remedy them. The seller shall have a reasonable time after receipt of this notice to remedy the situation or, alternatively, to agree to issue a credit to the buyer against the purchase price for the total amount of the costs of the repairs deemed necessary by inspection. In the event that Seller refuses to permit access to the Property to permit inspection or fails to remedy the unsatisfactory conditions set forth in the Notice, Buyer may, at Buyer's sole discretion, accept property as is and proceed with the purchase under this Agreement, or terminate this Agreement and recover all funds previously paid to Seller under this Agreement and all other costs incurred by Buyer in connection with this CONTRACT.
(c) The representations and warranties set forth in Section 5 above shall be true, correct and complete in all material respects on and after the Closing Date.
(d) Seller shall have performed and complied with all of Seller's covenants hereunder in all material respects through Closing;
(e) The Company must have obtained all third-party permissions, approvals and consents referred to in this Agreement;
(f) No action, suit or proceeding shall be pending or threatened in any court or quasi-judicial or administrative body of any federal, state, local or foreign jurisdiction or before any arbitrator in which any injunction, judgment, order, decree, decision or encumbrance (i) would prevent the completion of any of the transactions contemplated by this Agreement; (ii) cause any of the transactions contemplated by this Agreement to be cancelled after its completion; (iii) adversely affect after consummation the Buyer's right to hold the Shares and control the Company; or (iv) materially and adversely affect the Company's right to own its assets and operate its business (and no injunction, judgment, order, decree, decision or charge shall be effective);
(g) Seller shall have delivered to Buyer the resignations of all directors and officers of the Company, all to be effective upon Closing;
(h) Seller shall deliver to Buyer all stock registers, minute books and corporate seals, if any, of the Company; And
(i) Seller shall have executed and delivered such other instruments and agreements reasonably requested by Buyer.

Buyer may waive any condition specified in this Section 8.1 if Buyer executes in writing declaring it at or before Closing.

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7.2 Seller's Terms of Obligation. Seller's obligation to consummate the transactions to be effected by it under the Closing is subject to satisfaction of the following conditions:

(a) The representations and warranties set forth in Section 6 above shall be true, correct and complete in all material respects as of the Closing Date (and any representations or warranties qualified as to materiality in Section 6 shall be deemed to be without this qualification for the purposes of the above);
(b) Buyer shall have performed and complied with all of its covenants hereunder in all material respects through Closing;
(c) No action, suit or proceeding shall be pending in any court or quasi-judicial or administrative body of any federal, state, local or foreign jurisdiction or before any arbitrator in which any injunction, judgment, order, decree, an adverse ruling or charge (i) would prevent the completion of any of the transactions contemplated by this Agreement; (ii) cause any of the transactions contemplated by this Agreement to be cancelled after its completion, or (iii) adversely affect subsequent to the consummation of Seller's right to hold Buyer's Shares, and no injunction, judgment, order, decree, decision or charge shall be effective);
(d) All certificates, notices, instruments and other documents required to effect the transactions contemplated herein shall be reasonably satisfactory in form and substance to counsel for Seller; And
(c) Buyer shall have executed and delivered such other instruments and agreements as Seller may reasonably request.

Seller may waive any condition specified in this Section 8.2 if Seller executes a writing declaring so at or before Closing.

7.3 Subject to the closing of the Asset Purchase. Simultaneously with the execution of this Agreement, the Buyer enters into a purchase agreement with Céline Duguy ("Asset Seller"), for the purchase and sale of the domain name, trademark, access online, reservation systems and any online presence related to the operation of Le Grand Bleu resort. Both Seller's and Buyer's obligations to complete the purchase described in this Agreement are contingent upon the successful completion of the Seller's real estate sale of the Assets to Buyer, and the closing of both transactions must occur simultaneously.

# ARTICLE 8: OBLIGATIONS AFTER THE CLOSING DATE

Seller agrees that at any time after the Closing Date, at Buyer's reasonable request, Seller will do or cause to be done all such other acts and things and will perform, acknowledge and deliver, or cause to be signed, acknowledged and delivered to Buyer all such papers, documents, instruments, agreements, deeds, assignments, transfers, insurance and conveyances as may be necessary or desirable to invest, perfect and confirm Buyer's registration or to execute and give effect the terms and intent of this Agreement.

# ARTICLE 9: TERMINATION

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9.1 Termination Rights. This Agreement may be terminated at any time prior to Closing by mutual consent of Seller and Buyer. Buyer has the additional right to terminate this Agreement at any time through the sixth \((6^{\text{th}}\) months after the effective date if the actual income from the operation of the property is significantly lower than that declared. If six (6) months after the signing of this Contract, Le Grand Bleu station generates less than 20,000 euros in gross monthly income per month, the Buyer may terminate this Contract. In the event of a delay in payment of more than 3 months on the agreed schedule, for any reason whatsoever, the Seller reserves the right to note the pure and simple termination of this agreement and to regain possession of its assets.
9.2 Effect of Termination. Upon termination of this Agreement pursuant to Section 8.1, this Agreement shall terminate and have no further force or effect (except for this Section 8.2) and the transactions contemplated herein shall be discontinued without further action. Parties. Except as otherwise provided herein, such termination shall not, however, relieve any party of any liability for breach of any covenant or obligation under this Agreement.
9.3 Effect on Payments. In the event of termination of this contract, all payments made, as well as any work, will be automatically lost by the Buyer to the benefit of the Seller.

# ARTICLE 10: INDEMNITY

1.1 Indemnification by the seller. Seller covenants and agrees to indemnify all losses, costs, expenses and damages arising from the following:

(b) The breach or falsehood of any representation or warranty made by Seller in this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Seller hereunder and hereunder ("False declarations of the seller"); provided, however, that Buyer has suffered cumulative losses of at least ten thousand dollars (\(10,000) (the "Threshold amount").
(c) The breach of any covenant or agreement entered into by Seller in this Agreement, including documents, instruments and agreements to be executed and/or delivered by Seller.

1.2 Indemnification by the buyer. Buyer covenants and agrees to indemnify all losses, costs, expenses and damages arising from the following:

(b) The breach or falsehood of any representation or warranty made by Buyer in this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Buyer hereunder and hereunder.
(c) The breach of any covenant or agreement made by Buyer in this Agreement, including documents, instruments and agreements to be executed and/or delivered by Buyer.
(d) Buyer's failure to pay or perform any Liability it has agreed to assume pursuant to Section 1 hereof.

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# ARTICLE 11: OBLIGATIONS AFTER THE CLOSING DATE

Seller agrees that at any time after the Closing Date, at Buyer's reasonable request, Seller will do or cause to be done all such other acts and things and will perform, acknowledge and deliver, or cause to be signed, acknowledged and delivered to Buyer all such papers, documents, instruments, agreements, deeds, assignments, transfers, insurance and conveyances as may be necessary or desirable to invest, perfect and confirm Buyer's registration or to execute and give effect the terms and intent of this Agreement.

# ARTICLE 12: GENERAL PROVISIONS

12.1 Press releases and public announcements. Neither Party shall issue any press release or make any public announcement in Malagasy territory regarding the subject matter of this Agreement prior to Closing without the prior written approval of Buyer and Seller.

12.2 Succession and assignment. This Agreement is binding on and inures to the benefit of the parties named herein and their respective heirs, legal representatives, successors and permitted assigns. Neither party may assign this Agreement or any of its rights, interests or obligations hereunder without the prior written approval of Buyer and Seller.

12.3 Notice. To facilitate optimal communication during the course of the contract, the parties recognize the validity of all means of written communication, including by email.

12.4 Applicable law. This Agreement shall be governed by and construed in accordance with the national laws of the State of Madagascar without giving effect to any choice or conflict of law provision or rule (whether of the State of Madagascar or any other jurisdiction) which would result in the application of the laws of any jurisdiction other than the state of Madagascar.

12.5 Costs. Except as provided below in this Section, each party hereto shall pay its own fees and expenses incurred in connection with the negotiation and preparation of this Agreement and the consummation of the transactions contemplated by the present, including, but not limited to, the fees and disbursements of their attorneys and accountants. All costs resulting from the execution of this will be borne by the Buyer. All costs, rights, and fees including transfer costs resulting from these presents as well as all those which will follow will remain the responsibility of the Buyer.

# 12.6 Arbitrage.

In the event of a dispute of any kind whatsoever relating to the execution and/or interpretation of these presents and its consequences, the parties will consult each other in the context of the search for an amicable solution.

In the event of failure, all disputes to which this agreement may give rise, both for its validity and for its interpretation, execution or termination, will be submitted to the conciliation and arbitration procedure of the Law of the State of Minnesota (USA).

Each party will appoint its arbitrator. The arbitrators thus appointed will in turn choose, in the event of a tie, a third arbitrator.

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The arbitrators will rule as amicable composers within a time limit set by the parties. Failing this, they must comply with the legal period of 6 months from either the day on which the arbitrators have been appointed or the day on which the appointment order was issued by the President of the court. At the end of this period, they will take care to inform each of the parties of their award or their declaration of partition if they have not been able to reach an agreement. And this, by registered letters with acknowledgments of receipt sent to the respective addresses of the parties.

The arbitrators will not be compelled to follow the procedure the deadlines and the forms required before the courts. They may by mutual agreement appoint one of them to set a measure of inquiry or appoint an expert who will provide them with his opinion on the technical issues of the dispute.

The arbitrators will render their award as a last resort. This will not be subject to appeal.

The procedural costs and the fees of the arbitrators will be advanced by the parties in equal shares. It will be up to the arbitrators, from their award, to decide in what proportion each of the parties will be required to bear these costs.

**IN WITNESS WHEREOF**, the parties hereto have executed this Agreement on the first date listed above.

**SELLER:**

\_\_\_\_\_  
Celine Duguy

**BUYER:**
**LE GRAND VLEU, LLC**

2023/03/01  
By: Yann Beaudoin  
Sound: President

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# PIECE A

# Description of the property

On land number BX 936 located in Antanamitarana (Andilana) Nosy Be, Madagascar, lease number BX-1083. This land includes premises for hotel use, 14 bungalows including:

- 2 hiker's bungalows,
- 2 bungalows with separate bedrooms for 5 people,
- 2 family bungalows for 5 people,
- 8 bungalows for 1 to 2 people,
- An 8 x 10 m infinity pool and a jacuzzi in the ZEN eSPAcc,
- A 220 m2 restaurant that can accommodate up to 50 people,
- A kitchen equipped with a piano, stainless steel table, French crockery, cold room, freezers, pizza oven, fish smoker, giant barbecue, etc.
- The restaurant has a bar, toilets and shower.
- A shop reception and a technical reserve.
- A set of furniture for the restaurant and the 2 pool decks: tables, chairs, sofas, deckchairs, relaxers,
- A Zen space with 2 massage tables,
- A house above the restaurant, 3 bedrooms 25 m2, living room, American kitchen, bathroom of 12 m2 and separate toilet with a panoramic terrace of 80 m2 facing the sea and above the swimming pool and the restaurant.
- All the bungalows have hot water, a minibar and a mini safe, a terrace with hammock and rosewood furniture, except the hiker bungalows.
- The bungalows are individually air-conditioned in Split.
- The real estate complex, titled and bounded, is located on a plot of 1.37 hectares in total, with:
- A lease with the Malagasy State of 81 ares and 86 ca for 30 years renewed in 2022.
- Also a plot referenced 7402-NB located above 25 ares, lease also renewed in October 2022 for 30 years from 01/01/2023 including a dwelling house of approximately 110 m2.
- Some staff accommodation, a container, a generator (44 kva SDMO), a water suppressor in the event of a water or electricity cut, 2 tube solar collectors, 24 solar panels of 2m x 1m.

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# Annex 1

Officers and Directors of the Company

SELLER: Manager of SARL CAHIFA - LE GRAND BLEU

Mrs DUGUY Celine, Marie, born on 06/06/1965 in Nantes (France)

Daughter of DUGUY Robert and GRIGNON DUMOULIN Odile,

Holder of passport No. 17AD22742 issued on 20/01/2017 in Nantes (France), of French nationality, enjoyment of his legal capacity, residing at: LE GRAND BLEU, Antanamitarana-Andilana BP 407 - Hell Ville 207 NOSY BE - Madagascar

![img-0.jpeg](img-0.jpeg)

BUYER: Mr BEAUDOIN Yann

To be completed please for the documents of transfer of shares, articles of association, etc.
Copy of CNI United States or passport

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# **Annex 2**

Example of Transfer of shares signed by both parties
and validated by the Tax Administration Department of Nosy Be

# **CESSION DES PARTS SOCIALES Sté CAHIFA SARL
« LE GRAND BLEU » N°1**

Entrée

- Madame DUGUY, épy. BERENGIER, Anne, Marie, née le 17.08.1962 à Nantes (France), fille de DUGUY, Robert et de GRIGNON DUMOULIN Odile, titulaire du passeport N° 15CV71132 délivre le 16.10.2015 à Avignon, Préfecture du Vaucluse (France), de nationalité française, jouissance sa capacité juridique, demeurant à : Impasse des Bruyères - 84850 Camaret-sur-Aigues - France

ci-après dénommée « la cédante »

D'une part

Et

- Madame DUGUY, Céline, Marie, née le 06.06.1965 à Nantes (France), fille de DUGUY, Robert et de GRIGNON DUMOULIN Odile, titulaire du passeport N° 17AD22742 délivre le 20.01.2017 à Nantes (France), de nationalité française, jouissance sa capacité juridique, demeurant à : Le Grand Bleu - Antoinette aux - Andilans - BP 407 - Hell Ville 207 Nosy Be - Madagascar

D'autre part

D.E. 10 000 kr ci-après dénommée « la cessionnaire »

A procédé de la manière suivante aux cessions des parts ci-après décrites puis à la modification des statuts de la société CAHIFA SARL

# **ARTICLE 1 - CESSION DE PARTS**

- Madame DUGUY, épy. BERENGIER, Anne, Marie, née le 17.08.1965 à Nantes (France), 10 parts

TOTAL

10 parts

Il sera subrogé dans tous les droits et d'autres documents aux parts ci-après.
Prix : la présente cession est consentie d'acceptation pour la présentePi de 10 000 kr.
Cette somme sera payée au moment de l'enregistrement de la présentePi.

# **ARTICLE 2 - ENTRE EN VIGUEUR**

La présente convention prendra part à la fin du paiement du taux qui sera concomitant à l'enregistrement.
Les parties déclarent que cette convention soit formée en maturity.

# **ARTICLE 3 - ENTRE EN VIGUEUR**

Toute contestation ne peut être faite à l'expert entre les parties relatives à l'interprétation et à l'exécution de la présente convention ne sera pas aux tribunaux compétents de lieu du siège social.

Fait à Nosy Be, le 20 Avril 2022

DUGUY Céline, Marie

DUGUY, épy. BERENGIER, Anne, Marie

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# **Appendix 3**
Copy of the minutes of the General Assembly of the company Cahifa Le Grand Bleu

**Sté CAHIFA « Le Grand Bleu »**
Société à Responsabilité Limitée
Au capital de 10.000.000 Ar
Siège Social : Antananitarana Andilana NOSY BE
PROCÈS VERBAL
ASSEMBLÉE GÉNÉRALE ORDINAIRE
Du 20 Avril 2022

L'an deux mille vingt-deux, le vingt avril à 9 heures.
Au siège social de la société
Les nosotjes de la société CAHIFA « LE GRAND BLEU », société a responsabilité limitée au capital de 10.000.000 Ar(Ar) : se sont réunis en Assemblée Générale Ordinaire sur convocation de la parance

Sont présents :
Madame DU GUY Celine Marie
Madame DU GUY ap. BERENGIER Anne Marie

DF = 2000 bp
10 parts
10 parts
100 parts

5-11-22 10:00
Pour mille aviants

Seuls associés de la Société et représentant en tant que telle la totalité des parts de la société
L'Assemblée est précédée par Madame DU GUY Céline Marie, garantie
La Présidente déclare alors que l'assemblée est valablement constituée, pour valablement, par les services
des décisions à la moyenne requise des trois quarts des parts sociales au moins
Puis elle rappelle que l'Assemblée est appelée à délibérer sur l'ordre du jour suivant :

**ORDRE DU JOUR**

Cession de parts

**RÉSOLUTION**

Entre :
- Madame DU GUY ap. BERENGIER Anne Marie, ci-après dénommée : la codification du part.
Et :
- Madame DU GUY Céline Marie, ci-après dénommée : la cession de la parance.

A procédé de la manière suivante à la cession de la totalité des parts de la société DU GUY ap. BERENGIER
Anne Marie au profit de Madame DU GUY Céline Marie
La présente convention prend effet le 20 Avril 2022, avec des frais de la fin du jour.

Madame DU GUY Céline Marie 100 parts

Cette cession de parts de la société est interdite de la fin du jour CAHIFA Sud

Cette résolution n'est pas sans est admise à l'unanimité.

L'ordre du jour n'est épéché et personne ne démandant plus la parole. Mr le Président, déclare la séance levée

De tout ce qui procède, il a été dressé le présent procès-verbal qui a été signé par les assujets après lecture

DU GUY Céline Marie

DU GUY ép. BERENGIER Anne Marie

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Appendix 4
Copy of the second page of
Statutes of SARL CAHIFA LE GRAND BLEU updated

2

# **Sté CAHIFA « Le Grand Bleu »**
Société à Responsabilité Limitée
Au capital de 10.000.000 Ar
Siège Social : Antananmarana Andilana NOSY BE

Entre la sous-société

Madame 1er (cf.) Céline Marie, née le 06/06/1965 à Nantes (France), fille de DUGUY Robert et de GRIGNON DUMOUIN Odile, titulaire du passeport N° 17AD22742 délivre le 20/01/2017 à Nantes (France) de nationalité française, jouissance sa capacité juridique, demeurant à Le Grand Bleu - Antananmarana - Andilana - BP 497 - Heli Ville 207 Nocy Be - Madagascar

A établi ainsi qu'il suit les statuts d'une société à responsabilité limitée devant exister entre eux

# **ARTICLE PREMIER**

# **FORME**

Il est formé entre la sous-société, une société à responsabilité limitée qui est reçue le 1er 2005-06 du 30 janvier 2008 et par les présents statuts

# **ARTICLE TROIS**

# **OVERT**

Cette société a pour objet :

- L'exploitation d'un appel de l'incomprigement et la restauration ;
- L'annulation d'un sous-société de toutes exécutions terrestres ou en mer, comprenant les transports, visités et services de l'eau ;
- La location aux maristes ou autres personnes physiques ou morales de tout matériel d'exclusion, de navigation ou de sport nautique ;
- La réparation, l'entretien et le gardiennage de tout matériel lié à l'activité hôtelière et para-hôtelière, pour le compte de la société ou de tierces personnes.

Enfin, plus généralement, toutes opérations commerciales, financières, mobilières et immobilières se rattachant directement ou indirectement à l'objet ci-dessous, et susceptible d'en faciliter l'extension ou le développement

# **ARTICLE TROIS**

# **RAISON SOCIALE**

La société a pour dénomination « CAHIFA » et son sous-société commerciale en sera « Le Grand Bleu »

Cette dénomination devra figurer dans tous les cas, l'activité et autres documents quelconques émanant de la société, précédée ou suivie de la mention en cause entre « Société à Responsabilité Limitée » et de l'énonciation du capital investi

![img-1.jpeg](img-1.jpeg)

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## Appendix 5

Copy of appointment of new manager of the
SARL CAHIFA THE BIG BLUE

**Sté CAHIFA « Le Grand Bleu »**
Société à Responsabilité Limitée
Au capital de 10.000.000 Ar
Siège Social : Antonamitarana Andilana NOSY BE
PROCÈS VERBAL
ASSEMBLÉE GÉNÉRAL ORDINAIRE
Du 29 Avril 2022

L'an deux mille vingt deux, le vingt avril à 9 heures.

Au siège social de la société

Les associés de la société CAHIFA « LE GRAND BLEU », société à responsabilité limitée au capital de
10.000.000 Ariane, se sont réunis en Assemblée Générale Ordinaire sur convocation de la parance

Sous présents

Madame DUGUY Céline Marie

Madame DUGUY op. BERENGIER Anne Marie

DF = 2000 BP
90 parts
10 parts
100 parts

2022-2023
10/60

Deux mille ariane

Seuls associés de la Société et représentant en tant que telle la totalité des parts de ces années par la société

L'Assemblée est présidée par Madame DUGUY Céline Marie, perante

La Présidente déclare alors que l'assemblée est valablement constituée, pour valablement plus en ce premier
des décisions à la majorité requise des trois quarts des parts sociales au moins
Pour elle rappelle que l'Assemblée est appelée à délibérer sur l'ordre du jour du

### ORDRE DU JOUR

Cession de parts

![img-2.jpeg](img-2.jpeg)

### RESOLUTION

Entre

- Madame DUGUY op. BERENGIER Anne Marie : ci-après dénommée « la cadouée », d'une part.

Et

- Madame DUGUY Céline Marie, ci-après dénommée « la cesserie », d'autre part.

A procédé de la manière suivante à la cession de la totalité des rapports de l'article DUGUY op. BERENGIER
Anne Marie au profit de Madame DUGUY Céline Marie
La présente convention prend effet le 30 Avril 2022 à 10 heures.

Madame DUGUY Céline Marie

100 parts

Cette cession de parts est envoyée aux statuts de la société CAHIFA Sarl

Cette résolution est la propriété du Comité à l'unanimité.

L'ordre du Comité a été épuisé par personne ne demandant plus la parole. Mr le Président, déclare la séance levée

De tout aucun précédent, il a été dressé le présent procès-verbal qui a été signé par les associés après lecture

DUGUY Céline Marie

DUGUY op. BERENGIER Anne Marie

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# ASSET PURCHASE AGREEMENT

THIS ASSET PURCHASE AGREEMENT ("Agreement") is entered into and shall become effective as of this day: March 1, 2023, the "Effective Date":

Between

LE GRAND BLEU LLC, a Wyoming limited liability company registered under number *** and having its address at 3150 West End Blvd. St. Louis Park, MN 55416
Represented by Mr. Yann BEAUDOIN, CEO of Soakmont Group,
Hereinafter referred to as "Buyer",

And:

Ms. Céline DUGUY,
Born on 06/06/1965 in Nantes, French national, holder of passport no. 17AD22742 issued on 20/01/2017 in Nantes, residing BP 407 Andilana - Nosy Be 207 - Madagascar.
Hereinafter referred to as "Seller",

In the presence of:

Mr. Etienne ANSLOT, a Real estate broker whose offices are located at Centre Commercial Le Mall - Hell-Ville - Nosy Be.
"The Agent"

# Preamble

The seller owns certain assets as defined herein and wishes to sell and transfer them, and the Buyer wishes to purchase and assume the assets on the terms and conditions outlined in this Agreement.

The parties agree as follows:

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# ARTICLE 1: PURCHASE OF ASSETS

1.1 Asset Purchase and Sale Agreement. On the Closing Date (as defined below), Buyer agrees to purchase from Seller and Seller agrees to sell, assign, transfer, convey and deliver to Buyer, subject to the terms and subject to the terms outlined in this Agreement, the assets described below;

a) The domain name: https://www.legrandbleunosybe.com/
b) The brand "Le Grand Bleu de Nosy Be" and all related intellectual property
c) All online access
d) All booking systems
e) Any online presence related to the operation of Big Blue, including but not limited to social media accounts.
f) All online photos and rights to use any image taken or related to the Le Grand Bleu brand
g) All stock exchange records, minute books and corporate seals of the company
h) All company files, books, records and correspondence in Seller's possession necessary for the operation of the business
i) All the links of the different websites with their identifiers and passwords. Passwords must remain unchanged during the 18 months, until the final sale of the business.
j) All documents necessary for the proper functioning of the company.
k) All other documents, opinions and certificates which may be required under this contract or reasonably requested by the Buyer.

1.2 Assets excluded. Notwithstanding anything to the contrary in this Agreement, Buyer shall not purchase, and Seller shall not sell, assets not specifically identified in this Agreement.'Annex 1.2(a) attached "Assets excluded".
1.3 Indivisibility. This sale of Assets forms a strictly indivisible whole with the concomitant sale of all the shares of CAHIFA, a Malagasy limited liability company registered in the Nosy Be Trade and Companies Register under number NB B 2000.023 - noted between the parties by a separate act of this day.

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# ARTICLE 2: PURCHASE PRICE AND PRORATISATION EXPENSES AND REVENUES

2.1 Purchase price. On and subject to the terms and conditions of this Agreement, upon Closing, Buyer shall pay Seller, in consideration for all Actifs: One Million Hundred and Fifty Thousand euros (€1,150,000) (the "Purchase Price").
2.2 Payment of the aggregate purchase price. The aggregate purchase price will be paid according to the following payment schedule:

a) €100,000 must be paid no later than 30 days after the date of signing of this Agreement;
b) €350,000 will be paid on that date, being six (6) months after the date of execution of this Agreement; either at the latest the 1$^{st}$ September 2023;
c) €500,000 will be paid on that date, being twelve (12) months after the date of execution of this Agreement; no later than 1$^{st}$ March 2024;
d) The balance of the purchase price of the assets (€200,000) will be paid on this date, i.e. eighteen (18) months after the date of execution of this contract, or no later than 1$^{st}$ September 2024.

The distribution between Mrs. Céline DUGUY and the commissions of the broker agent real estate Mr. Etienne ANSLOT is indicated below.

2.3 Payment in favor of Mrs. Céline DUGUY.

The total amount of the sale, less the commissions of the real estate broker, is: €1,107,400 (one million one hundred and seven thousand four hundred euros). This amount is paid in full by the Buyer to the Seller's account according to the following payment schedule:

- €96,300 before: (30 days after the date of signing this Agreement;)
- €337,000 before: 09/01/2023 (before 1$^{st}$ September 2023)
- €481,500 before: 03/15/2024 (before March 15, 2024)
- €192,600 before: 01/09/2024 (before 1$^{st}$ September 2024)

A certificate of sale from the Buyer will be given to the Seller.

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# 2.4 Payment of commissions of the real estate agent Mr. Etienne ANSLOT

The total commission amount of the sale is €42,600. This amount is paid in full by the Buyer on behalf of the Seller according to the following payment schedule:

- €3,700 before: (30 days after the date of signature of this Agreement)
€13,000 before: 09/01/2023 (before \(1^{\text{st}}\) September 2023)
€18,500 before: 03/15/2024 (before March 15, 2024)
€7,400 before: 01/09/2024 (before \(1^{\text{st}}\) September 2024)

# 2.5 Default of payment

If Buyer fails to meet payment deadlines in accordance with the above schedule, interest will accrue at the rate of 5% per annum until such amounts are paid to Seller. In the event of late payment for more than 6 months following the non-payment, for whatever reason, the Seller reserves the right to note the pure and simple termination of this agreement and to regain possession of its assets.

However, in the event that the Buyer has paid more than 50% of the amounts due to the Seller. The Buyer will be entitled to an extension of the grace period for an additional 6 months during which interest will accrue at the rate of 15% per annum until all sums due are paid.

# ARTICLE 3: SUPPORT OF LIABILITIES

Except as otherwise provided in Section 3.2 hereof, Seller shall transfer the Assets to Buyer on the Closing Date free and clear of all encumbrances (as defined below), and Buyer shall not, in under its purchase of the Assets, assume or become liable for any liability of the seller.

# ARTICLE 4: ASSET SUPPORT

The Assets sold remain the property of the seller until full payment of the full price agreed in article 2. The management of the Assets towards the Buyer and the Operator (Wild Investments .inc) begins no later than 10 calendar days after payment of the initial deposit of €100,000. Mrs. Céline DUGUY declines all responsibility during the period of management of the Assets entrusted to the Buyer and the Operator.

# ARTICLE 5: SELLER'S REPRESENTATIONS AND WARRANTIES

In order to induce Buyer to enter into this Agreement and to consummate the transactions contemplated herein, intending that Buyer shall rely on it to enter into and perform this Agreement, Seller warrants and represents to the purchaser that each and all of the following are true and correct as of the date of this Agreement:

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5.1 Due Authorization. The execution, delivery and performance of this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Seller pursuant to this Agreement, and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary corporate action on the part of Seller. This Agreement and the documents, instruments and agreements to be executed and/or delivered by Seller are valid and legally binding, and this Agreement and the documents, instruments and agreements to be executed and/or delivered by Seller pursuant to this Agreement are or will be upon such execution and delivery enforceable against Seller in accordance with their respective terms, except as such enforcement may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or other similar laws presently or hereafter in effect affecting the enforcement of creditors' rights generally and by general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity), including, among others, limitations on the availability of equitable remedies.

5.2 No violation. The Seller has full power and authority to sell, assign, transfer, transport and deliver to the Buyer the Assets for Sale hereunder and to otherwise perform its respective obligations under this Agreement and the documents, instruments and agreements to be executed and/or delivered by the Seller.

5.3 Delete title. On the Closing Date, Seller shall convey to Buyer, free and clear, all encumbrances of whatever nature, nature or description, good, valid and negotiable title, or valid tenant interest.

5.4 Full disclosure. No representations or warranties made by Seller in this Agreement, including any documents, instruments and agreements to be executed and/or delivered by Seller according to this Agreement, and no statement, certificate or other document or instrument furnished or to be furnished by or on behalf of Seller according to this Agreement or in connection with the making of the transactions contemplated herein, contains or will contain any misrepresentation of a material fact or omits or will omit, to state any material fact necessary to make the representations contained herein and herein not misleading or any fact necessary to provide Buyer with correct and adequate information regarding the Assets.

5.5 In accordance with the laws. To the best of Seller's knowledge, the Assets and Seller are in full compliance with all licensing requirements and all applicable laws. The Seller has received no notice and has no reason to foresee that the existing circumstances are likely to result in a material breach of applicable laws relating to the Assets.

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# ARTICLE 6: REPRESENTATIONS AND WARRANTIES OF BUYER

6.1 Constitution in due form. Buyer is a duly incorporated corporation validly existing and in good standing under the laws of the State of Minnesota.
6.2 Authorization due. The execution, delivery and performance of this Agreement, including any documents, instruments and agreements to be executed and/or delivered by Buyer hereunder, and the consummation of the transactions contemplated herein and have thus been duly and validly authorized by all the necessary authorities, social action on the part of the Buyer. This Agreement and the documents, instruments and agreements to be executed and/or delivered by Buyer are valid and legally binding, and this Agreement and the documents, instruments and agreements to be executed and/or delivered by Buyer under this Agreement are or will be, upon such execution and delivery, enforceable against Buyer in accordance with their respective terms, except as such execution may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in force affecting the enforcement of creditors' rights generally and by general principles of equity (regardless of whether such enforceability is considered in judicial proceeding or in equity), including, among other things, limitations on the availability of equitable remedies.
6.3 No violation. Buyer shall have full power and authority, corporate and otherwise, to purchase the Assets from Seller and to otherwise perform its respective obligations under this Agreement and the documents, instruments and agreements to be executed and/or delivered by Buyer hereunder, hereof. The execution and delivery of this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Buyer hereunder, and the consummation of the transactions contemplated herein shall not violate any provision of the Articles, organization or operation. Buyer's Agreement (or comparable governing documents or instruments).

# ARTICLE 7: TERMINATION

7.1 Termination Rights. This Agreement may be terminated at any time prior to Closing by mutual consent of Seller and Buyer. Buyer has the additional right to terminate this Agreement at any time through the sixth \((6^{\mathrm{th}}\) months after the effective date if the actual income from the operation of the property is significantly lower than that declared. If six (6) months after the signing of this Contract, Le Grand Bleu station generates less than 20,000 euros in gross monthly income per month, the Buyer may terminate this Contract. In the event of a delay in payment of more than 3 months on the agreed schedule, for any reason whatsoever, the Seller reserves the right to note the pure and simple termination of this agreement and to regain possession of its assets.
7.2 Effect of Termination. Upon termination of this Agreement pursuant to Section 8.1, this Agreement shall terminate and have no further force or effect (except for this Section 8.2) and the transactions contemplated herein shall be discontinued without further action. Parties. Except as otherwise provided herein, such termination shall not, however, relieve any party of any liability for breach of any covenant or obligation under this Agreement.
7.3 Effect on Payments. In the event of termination of this contract, all payments made, as well as any work, will be automatically lost by the Buyer to the benefit of the Seller.

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# ARTICLE 8: INDEMNITY

8.1 Indemnification by the seller. Seller covenants and agrees to indemnify all losses, costs, expenses and damages arising from the following:

(a) The breach or falsehood of any representation or warranty made by Seller in this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Seller hereunder and hereunder ("False declarations of the seller"); provided, however, that Buyer has suffered cumulative losses of at least ten thousand dollars ($10,000) (the "Threshold amount").
(b) The breach of any covenant or agreement entered into by Seller in this Agreement, including documents, instruments and agreements to be executed and/or delivered by Seller.

8.2 Indemnification by the buyer. Buyer covenants and agrees to indemnify all losses, costs, expenses and damages arising from the following:

(a) The breach or falsehood of any representation or warranty made by Buyer in this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Buyer hereunder and hereunder.
(b) The breach of any covenant or agreement made by Buyer in this Agreement, including documents, instruments and agreements to be executed and/or delivered by Buyer.
(c) Buyer's failure to pay or perform any Liability it has agreed to assume under Section 2 hereof.

# ARTICLE 9: CLOSING

9.1 Closing Date. The closing of the transactions contemplated by this agreement (the "Closing") will be held (18) months after the date of execution of this Agreement or upon payment in full of the purchase price (including interest, if any).
9.2 Documents to be provided by the seller. At Closing, Seller will perform, as necessary or appropriate, and deliver to Buyer each and all of the following:

(a) A true copy of the documents, instruments and agreements to be executed and/or delivered by Seller pursuant to this Agreement, and the consummation of the transactions contemplated herein and so;
(b) All consents, waivers, assignments and authorizations of any kind or nature, whether by a government agency or otherwise, that may reasonably be required to effectively sell, assign and transfer the Assets to Buyer.
(c) Any other documents and items which are reasonably necessary or appropriate to effect the completion of the transactions contemplated herein or which may be customary under local law.

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9.3 Documents to be provided by the buyer. At Closing, Buyer shall execute, if necessary or appropriate, and deliver to Seller a copy certified by Buyer's Secretary of the duly passed resolutions of Buyer's board of directors approving this Agreement and authorizing the the execution and delivery of this Agreement, including the documents, instruments and agreements to be executed and/or delivered by Buyer hereunder, and the consummation of the transactions contemplated herein and so;

# ARTICLE 10: OBLIGATIONS AFTER THE CLOSING DATE

Seller agrees that at any time after the Closing Date, at Buyer's reasonable request, Seller will do or cause to be done all such other acts and things and will perform, acknowledge and deliver, or cause to be signed, acknowledged and delivered to Buyer all such papers, documents, instruments, agreements, deeds, assignments, transfers, insurance and conveyances as may be necessary or desirable to invest, perfect and confirm Buyer's registration or to execute and give effect the terms and intent of this Agreement.

# ARTICLE 6: GENERAL PROVISIONS

6.1 Press releases and public announcements. Neither Party shall issue any press release or make any public announcement in Malagasy territory regarding the subject matter of this Agreement prior to Closing without the prior written approval of Buyer and Seller.
6.4 Succession and assignment. This Agreement is binding on and inures to the benefit of the parties named herein and their respective heirs, legal representatives, successors and permitted assigns. Neither party may assign this Agreement or any of its rights, interests or obligations hereunder without the prior written approval of Buyer and Seller.
6.5 Notice. To facilitate optimal communication during the course of the contract, the parties recognize the validity of all means of written communication, including by email.
6.6 Applicable law. This Agreement, including the documents, instruments and agreements to be executed and/or delivered by the parties hereunder, shall be interpreted, governed and enforced in accordance with the laws of the State of Minnesota, without giving effect to the principles of conflict of laws thereof.
6.7 Costs. Except as provided below in this Section, each party hereto shall pay its own fees and expenses incurred in connection with the negotiation and preparation of this Agreement and the consummation of the transactions contemplated by the present, including, but not limited to, the fees and disbursements of their attorneys and accountants. All costs resulting from the execution of this will be borne by the Buyer. All costs, rights, and fees including transfer costs resulting from these presents as well as all those which will follow will remain the responsibility of the Buyer.

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### 6.8 Arbitrage.

In the event of a dispute of any kind whatsoever relating to the execution and/or interpretation of these presents and their consequences, the parties will consult each other in the context of the search for an amicable solution.

In the event of failure, all disputes to which this agreement may give rise, both for its validity and for its interpretation, execution or termination, will be submitted to the conciliation and arbitration procedure of the Law of the State of Minnesota (USA).

Each party will appoint its arbitrator. The arbitrators thus appointed will in turn choose, in the event of a tie, a third arbitrator.

The arbitrators will rule as amicable composers within a time limit set by the parties. Failing this, they must comply with the legal period of 6 months from either the day on which the arbitrators have been appointed or the day on which the appointment order was issued by the President of the court. At the end of this period, they will take care to inform each of the parties of their award or their declaration of partition if they have not been able to reach an agreement. And this, by registered letters with acknowledgments of receipt sent to the respective addresses of the parties.

The arbitrators will not be compelled to follow the procedure the deadlines and the forms required before the courts. They may by mutual agreement designate one of them to set a measure of inquiry or designate an expert who will provide them with his opinion on the technical issues of the dispute.

The arbitrators will render their award as a last resort. This will not be subject to appeal.

The procedural costs and the fees of the arbitrators will be advanced by the parties in equal shares. It will be up to the arbitrators, from their award, to decide in what proportion each of the parties will be required to bear these costs.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the first date listed above.

**SELLER:**

Celine Duguy

**BUYER:**

2023/03/01

LE GRAND BLEU, LLC

Yann Beaudoin

Sound: President

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# ANNEX 1
## OWNERSHIP OF ASSETS

https://who.is/whois/legrandbleunosybe.com

legrandbleunosybe.com is already registered. It is not a copy of these at time.

legrandbleunosybe.com

We are the only registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered

### Registrar Info

Name: ________________________
Address: ________________________
City: ________________________
State: ________________________

### Important Dates

Exposure time: ________________________
Registration time: ________________________
Registration date: ________________________

### Name Servers

Number of records: ________________________
Number of records: ________________________
Number of records: ________________________

### Similar Domains

The information contained in this report is for the purpose of this report. It is not a copy of the report. It is not a copy of the report.

### Registrar Data

#### Reproduction/Contract Information

Name: ________________________
Organization: ________________________
Address: ________________________
City: ________________________
State: ________________________
Zip: ________________________
Phone: ________________________
Email: legrandbleunosybe.com

#### Reproduction/Contract Information

Name: ________________________
Organization: ________________________
Address: ________________________
City: ________________________
State: ________________________
Zip: ________________________
Phone: ________________________
Email: legrandbleunosybe.com

#### Reproduction/Contract Information

Name: ________________________
Organization: ________________________
Address: ________________________
City: ________________________
State: ________________________
Zip: ________________________
Phone: ________________________
Email: legrandbleunosybe.com

Legrandbleunosybe.com is a registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered registered

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# APPENDIX 1.1

# OWNERSHIP OF ASSETS - EXPANSION OF “REGISTRAR DATA”

https://who.is/whois/legrandbleunosybe.com

Whois Server

whois gandi net

Referral URL

http://www.gandi.net

Status

ok http://www.icann.org/epp/ok

# Registrar Data

We will display stored WHOIS data for up to 30 days

Make Private Now

Registrant Contact Information:

Name

Céline DUGUY

Organization

Address

106 RUE DES CHALATRES BATIMENT C

City

NANTES

State / Province

Centre-Val de Loire

Postal Code

44000

Country

FR

Phone

+33.671412597

Email

contact@legrandbleunosybe.com

Administrative Contact Information:

Name

Céline DUGUY

Organization

Address

106 RUE DES CHALATRES BATIMENT C

City

NANTES

State / Province

Centre-Val de Loire

Postal Code

44000

Country

FR

Phone

+33.671412597

Email

contact@legrandbleunosybe.com

Technical Contact Information:

Name

Céline DUGUY

Organization

Address

106 RUE DES CHALATRES BATIMENT C

City

NANTES

State / Province

Centre-Val de Loire

Postal Code

44000

Country

FR

Phone

+33.671412597

Email

contact@legrandbleunosybe.com

Information Updated: 2023-02-16 05:11:09

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## APPENDIX 2: DEFINITIONS

In addition to terms defined elsewhere in this Agreement, the following terms shall have the respective meanings specified below:

"Affiliate" -when used in reference to a Specified Person, means any Person who, directly or indirectly, through one or more intermediaries, controls, or is controlled by, or is under common control with the Specified Person.

"Accord" -has the meaning given in the preface above.

"Applicable Laws" -all laws, ordinances, constitutions, regulations, statutes, treaties, rules, codes, licenses, certificates, franchises, permits, requirements and injunctions adopted, promulgated, implemented, promulgated, issued, entered into or deemed applicable by or under the authority of any government agency having jurisdiction over Seller or any of its property or assets or by eligible voters in any applicable jurisdiction.

"Code" -the Internal Revenue Code of 1986, as amended, or any successor law and regulations issued by the IRS pursuant to the Internal Revenue Code or any successor law.

"Contract" -any agreement, lease, license, contract, obligation, promise, covenant, arrangement, understanding or undertaking, instrument, document (whether written or oral and whether express or implied) of any kind, nature or description which is legally binding.

"Congestion" -any claim, lien, pledge, charge, security, encumbrance, mortgage, lease, license, equitable interest, option, right of first refusal or right of pre-emption, condition or other restriction of any kind whatsoever, including any restriction of use, vote (in the case of a security), transfer, receipt of income, or exercise of any other attribute of ownership, except to the extent that such claim or other restriction will not, and in to the extent that it can reasonably be foreseen that the future will not, have a material adverse effect on the seller, the company or the buyer.

« PCGR » -accounting principles generally accepted in the United States.

"Government body" -any:

- (i) nation, state, county, city, town, village, district or other jurisdiction of any kind;
- (ii) Federal, state, local, municipal, foreign or other government;
- (iii) Governmental or para governmental authority of any kind (including any government agency, branch, board, commission, department, instrument, office or other entity, and any court or other tribunal);
- (iv) Multinational organization or body; and or
- (v) Body exercising, or empowered or claiming to exercise, any administrative, executive, judicial, legislative, police, regulatory or fiscal authority or power of any kind whatsoever.

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"Injunction" -all writs, decisions, awards, decrees, directions, injunctions (whether temporary, preliminary or permanent), judgments, decrees or other orders adopted, promulgated, implemented, enacted, issued, registered or deemed enforceable by or under the authority of any government agency.

« IRS » -the United States Internal Revenue Service.

"Awareness" or "awareness" -a person will be deemed to have "knowledge" or "knowledge" or a particular fact or other matter if

(i) that person has actual knowledge of that fact or any other matter; Or

(ii) a reasonably prudent person actively involved in a business of the size and nature of Seller or Buyer, as the case may be, would expect to discover or become aware of such fact or other matter in the normal course of business conduct. A person (other than an individual) shall be deemed to have "knowledge" of a particular fact or other matter if an individual who serves, or has served at any time, as a director, governor, officer, manager, partner, executor or trustee of such person (or in a similar capacity) has, or had at any time knowledge of this fact or any other matter.

"Responsibility" or "Liabilities" -all debts, liabilities and/or obligations of whatever kind, nature or description (whether known or unknown, affirmed or unaffirmed, secured or unsecured, absolute or contingent, accrued or unaccrued, liquidated or unliquidated and that whether they are due or to come).

"Significant negative effect" -in connection with any party, event, change or effect which is materially adverse, individually or in the aggregate, to the condition (financial or otherwise), properties, assets, liabilities, income, income, business, operations, operating results or prospects of such party, taken as a whole.

"Normal course of business" -an action taken by a Person will be deemed to have been taken in the "ordinary course of business" only if:

(i) such action is consistent with that person's past practices and is taken in the ordinary course of that person's normal day-to-day operations; And

(ii) such action need not be authorized by such person's board of directors (or any person or group of persons exercising similar authority) and does not require any other separate or special authorization of any kind.

"Person" -any individual, corporation (including any not-for-profit corporation), partnership, limited or limited liability partnership, limited liability company, joint venture, estate, trust, association, organization or other government entity or agency.

"Proceed" -any suit, litigation, arbitration, hearing, audit, investigation or other action (whether civil, criminal, administrative or investigative) commenced, instituted, conducted or heard by or before, or otherwise involving, any government agency or arbitrator.

"Buyer" -has the meaning given in the preface above.

"Seller" -has the meaning given in the preface above.

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"Tax or Taxes" -(i) any net income, gross revenue, gross revenue, gross receipts, net receipts, ad valorem, franchise, profits, transfer, sales, use, social security, employment, unemployment, disability, license, withholding, payroll, privilege, excise, value added, allowance, stamp, occupation, property, customs, duties, real estate and/or other taxes, assessments, levies, fees or charges of any kind imposed by any government agency, together with any interest or penalties thereon, and/or (ii) liability for the payment of any consolidated taxes, including interest or penalties relating thereto, of the type described in the immediately preceding paragraph (i), including any federal, state, county, local income tax and/or other tax liability consolidated income, including any penalty or interest thereon, by reason of being a member of an affiliated group and which may be imposed upon it (as defined in Section 1504(a) of the Code or a other applicable law).

"Tax return" -means any return, statement, report, claim for refund or information statement or statement relating to Taxes, including without limitation any schedule or attachment thereto, any amendment thereto and any report or estimated statement.

"Threat" -a claim, proceeding, dispute, action or other matter will be deemed to have been "threatened" if a demand or statement has been made in writing, or notice has been given in writing, or if any other event occurs. has occurred, or any other circumstance exists which would lead a reasonably prudent person to conclude that such claim, proceeding, dispute, action or other matter is substantially capable of being asserted, commenced, taken or otherwise continued in the future.

"Operator" - Wild Investments.inc trading as Wild World and being registered at the following address:100-731 rue de la Commune W Montreal, Quebec H3C 1X7

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## Registrar Info

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Whois Server

whois.gandi.net

Referral URL

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Status

ok http://www.icann.org/epp#ok

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## Registrant Contact Information:

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Organization

Address

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City

NANTES

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Centre-Val de Loire

Postal Code

44000

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Phone

+33.671412597

Email

contact@legrandbleunosybe.com

Administrative Contact Information:

Name

Céline DUGUY

Organization

Address

106 RUE DES CHALATRES BATIMENT C

City

NANTES

State / Province

Centre-Val de Loire

Postal Code

44000

Country

FR

Phone

+33.671412597

Email

contact@legrandbleunosybe.com

Technical Contact Information:

Name

Céline DUGUY

Organization

Address

106 RUE DES CHALATRES BATIMENT C

City

NANTES

State / Province

Centre-Val de Loire

Postal Code

44000

Country

FR

Phone

+33.671412597

Email

contact@legrandbleunosybe.com

Information Updated: 2023-03-09 15:54:54

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SOAKMONT

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Home (/) My Account ▼ Help

# This is a Test the Waters Campaign (TTW)

Soakmont Group LLC is launching a Reg CF crowdfunding campaign planning to go live in the first quarter of 2023. (January to February)

Testing the Waters is a pre-investment phase designed to gather feedback and interest before formally launching an offering. No funds can be accepted during the TTW phase. After reviewing this opportunity, if any investors are interested we encourage them to submit a "pledge". Pledges are non-binding indications of interest; meaning the amount pledged does not have to be submitted or can be raised or lowered once the funding round opens.

The TTW page will be updated with more legal and financial documentation upon the official launch.

As part of Soakmont's Investor Community, potential investor input will be helpful in crafting the formal investment program.

Click the Pledge Now button after reading the information below.

# Welcome to NOSY BE MADAGASCAR

Nosy Be, "the island of perfumes", located in the northwest of Madagascar. With its 35 islands, mostly virgin islets, many beaches, whales, diving sites, and big game fishing spots, Nosy Be ranks as one of the 10 most beautiful archipelagos in the world.

Nosy-Be remains the most beautiful archipelago on the African continent. In Malagasy Nosy Be means "the big island". Located in the Mozambique Channel near the Northwest Coast of Madagascar is the coastal island of Nosy Be. The island receives 340 days of sunshine per year with rainfall mainly during the night, except during cyclonic periods between January and February. There is also a new international airport in Nosy Be on the East coast of the island.

![img-0.jpeg](img-0.jpeg)

![img-1.jpeg](img-1.jpeg)

![img-2.jpeg](img-2.jpeg)

![img-3.jpeg](img-3.jpeg)

# Le Grand Bleu

Come be an owner with us.

And share in the income

Le GRAND BLEU 1

Current Interests

$36,000 - $72,000

Please review Le Grand Bleu's website and all amenities, activities, restaurant, accommodations, and brochure here:

https://www.legrandbleunosybe.com/ (https://www.legrandbleunosybe.com/)

View over 1,500 photo's of Le Grand Bleu on Trip Advisor, (click to view)
(http://www.tripadvisor.fr/Hotel_Review-g479206-d1945914-Reviews-Le_Grand_Bleu-Nosy_Be_Antaranana_Province.html#/media/1945914/?albumid=101&type=0&category=101)

Soakmont Group LLC signed a letter of intent with the owners on December 3, 2022, to acquire all the assets and operational business; at the current negotiated asking price of $1.35 million.

With planned renovations and upgrades, the crowdfund target is $2.4m. Planning and building permits are currently being acquired. 3D renders are being created that will be updated on the TTW page before the crowdfunding campaign goes live.

Detailed plans for use of funds can be viewed below in the business proposal.

The resort generated:

$371,047 in 2018

2018 Gross Income

![img-4.jpeg](img-4.jpeg)

$411,245 in 2019

Pledged:

5%

Pledge Now
(/pledge/LGB-TTW-2022)

Give Feedback
(https://forms.sppx.ile-grand-bleu/2)

Exemption: TTW

Issue Type: Equity

Accredited Only: No

Reviewed Financials: No

Price per Unit: $1.00

Minimum Investment: $500

Minimum Goal: $1,000,000

Target Goal: $2,400,000

Planned Launch Date: February 1st, 2023

P&L_Projectionspdf.pdf (/otp/LGB-TTW-2022/dataroom?file=sites/default/files/ALLISON_M/Issues/P&L_Projectionspdf.pdf)

2023_Grand_Bleu_Brochure_New_French.pdf (/otp/LGB-TTW-2022/dataroom?file=sites/default/files/ALLISON_M/Issues/2023_Grand_Bleu_Brochure_New_French_1.pdf)

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Investor Forum (/forum/LGB-TTW-2022/)

Send me campaign
vocates (/otm/LGB-TTW-2022/follow)

# 2019 Gross Income

![img-5.jpeg](img-5.jpeg)

During the covid-19 pandemic the owners closed the resort and reopened roughly eight months ago.

The last seven months the resort has generated $237,000. The due diligence of the resort has lead Soakmont's team to a projected revenue approximated at $404,000 for the 12 months after reopening.

Current owners are able to achieve this performance without any marketing or advertising campaigns.

Current occupancy rate is 76%

Nosy Be is already known as the most high-end and best tourism location in Madagascar. Nosy Be recently had the new Fascene International airport built. Fascene International has become the busiest airport in the country due to the tourism demand. Madagascar and Nosy Be in particular are already a popular destination for the cruise line industry. The area has one of the most pristine coral reefs in the world. The reefs along with favorable weather, white sand beaches and other amenities support Soakmont's valuations and builds a strong case for investment through their crowdfunding offer.

Soakmont Group and Wild World believe the resort could perform far greater in the near future with the proper renovations, management restructuring, and a new marketing campaign.

Within this business proposal presentation below potential investors can find information on:

- The Team
- Planned Use of Funds
- The Operating Business
- The Plans for Renovation
- Technical Specs of Le Grand Bleu
- Nosy-Be Rental Data
- Planned Resort Amenities
- Investment Summary
- Financial Projections
- Proposed Common stock structure
- Campaign Perks

• How to Pledge

Prospectus (Subject to Completion)

Proposed Date December 14, 2022

# SOAKMONT

# Le Grand Bleu

Soakmont Group LLC is launching a crowdfunding campaign.

SEC Exemption: Regulation CF

Le Grand Bleu LLC, a Wyoming USA Corp, is being formed to be the owner and issuing company.

The company's target raise:

$2,400,000 USD for 55,500 common stock equity shares to equal 93% equity of Le Grand Bleu LLC available to investors.

|  | Price for Public | Campaign Park Discounts | Soakverse Loyalty Discount | Minimum Investment |
| --- | --- | --- | --- | --- |
| Per Share | $50 |  | .02-2% | $500 |
|  | Tier 1 | 1% |  |  |
|  | Tier 2 | 2.5% |  |  |
|  | Tier 3 | 5% |  |  |
|  | Tier 4 | 7.5% |  |  |
|  | Tier 5 | 10% |  |  |
|  | Tier 6 | 15% |  |  |
|  | Tier 7 | 20% |  |  |
|  | Tier 8 | 25% |  |  |

Investing in our common stock involves significant risk. See full risks in our Private Placement Memorandum issued at offering launch (Reg CF exempt offering)

![img-6.jpeg](img-6.jpeg)

# PROLOGUE

![img-0.jpeg](img-0.jpeg)

![img-1.jpeg](img-1.jpeg)

# THE TEAM

# SOAKMONT

Gerald Lawless

**Patrick Clarke**

The team is a member of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of

**Guillaume Pétisse**

The team is a member of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team

**Michael Lawless**

The team is a member of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team

**Doug Bland**

The team is a member of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team

**Erman Gareth**

The team is a member of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team

**Michael Lawless**

The team is a member of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team

**Samuel Lawless**

The team is a member of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team of the team

Creating an...

# EXCLUSIVE Experience

## NATURE IMMERSION

The name is an escape from the
tree of the city, as an immersion
city, nature and a tree to
contribute the present moment.
The former yourself and every
everyone down time with more
the tree must be helping and
be designed to offer an escape
from the inside and inside. It has
an immersion into the nature
convenient. Just the people
may actually stay at the heart.

## IMAGINATIVE JOURNEY

The name is an escape from the
tree of the city, as an immersion
city, nature and a tree to
contribute the present moment.
The former yourself and every
everyone down time with more
the tree must be helping and
be designed to offer an escape
from the inside and inside. It has
an immersion into the nature
convenient. Just the people
may actually stay at the heart.

## ECOSYSTEM PROTECTION

The name is an escape from the
tree of the city, as an immersion
city, nature and a tree to
contribute the present moment.
The former yourself and every
everyone down time with more
the tree must be helping and
be designed to offer an escape
from the inside and inside. It has
an immersion into the nature
convenient. Just the people
may actually stay at the heart.

![img-2.jpeg](img-2.jpeg)

![img-3.jpeg](img-3.jpeg)

© 2017, National Institute of Technology, Inc. All rights reserved.

![img-4.jpeg](img-4.jpeg)

![img-5.jpeg](img-5.jpeg)

The following table provides the information in English:

The following table provides the information in English:

TIPADVISOR
EXCELLENT
6.000 x 1.000

![img-6.jpeg](img-6.jpeg)

TIPADVISOR
EXCELLENT
6.000 x 1.000

![img-7.jpeg](img-7.jpeg)

LE GRAND BLEU

FOR EUROPEAN YEARLY INITIATORS

# CORAL REGENERATION ACTIONS

# THE PEEF

# THREATS

# ACTIONS

GRAND BLEU CURRENT TECHNICAL SPECS:

LE GRAND BLEU UPDATES AND UPGRADE

![img-8.jpeg](img-8.jpeg)

![img-9.jpeg](img-9.jpeg)

# INVESTMENT & USE OF FUNDS

Investment Cost / Use of Funds

| Site purchase and design | 1,377,000 |
| --- | --- |
| Technical documents | 4,000 |
| Site preparation | 2,000 |
| Construction | 432,000 |
| Operation setup, promotion, training, variable update, and Grand opening | 45,000 |
| Cash reserve | 100,000 |
| Referral commission (2%) | 40,000 |
| Marketing | 100,000 |
| Socio-Phase/Southwest Reg CFO Grandfinding Fee | 110,200 |
| Currency Exchange Rate (USD to EUR) | 180,000 |

TOTAL 2,400,000

Financial Evaluation

| Total Investment cost | 2,400,000 |
| --- | --- |
| Yearly revenues (Y4) | 1,179,796 |
| Yearly net profit (Y4) | 20,973 |
| EBITDA (Y4) | 812,322 |
| Net yield (Y4) | 32% |
| EBITDA yield (Y4) | 34% |
| ROI (EBITDA AVG) | 3 |
| Depreciation time (in years) | 30 |

After the first $100,000 is raised, funds will begin to be withdrawn from the campaign to begin payments for the acquisition. First 100¢ (euro) is due by Feb 28 2023. Remaining 3 payments bi-annually will be paid according to purchase agreement (attached). Revenues from the resort begin to be under Southmont control after the first payment is made. These revenues will also support the payments as needed.

# FINANCIAL PROJECTIONS

EXPERIENCE FINANCIAL SUMMARY

| ($ in year amounts) | year 1 | year 2 | year 3 | year 4 | year 5 | year 6 | year 7 | year 8 | year 9 | year 10 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total number of units | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| ADR (loss of taxes) | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Dividend rate | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| ($ in year P&L) | year 1 | year 2 | year 3 | year 4 | year 5 | year 6 | year 7 | year 8 | year 9 | year 10 |
| Income |  |  |  |  |  |  |  |  |  |  |
| Revenue income | 652,478 | 716,879 | 743,454 | 926,935 | 914,468 | 862,748 | 872,357 | 886,255 | 926,282 | 926,950 |
| Activity income (included) | 80,451 | 104,184 | 100,860 | 119,658 | 106,579 | 102,953 | 109,405 | 106,123 | 113,934 | 124,934 |
| Fixed and Beverage income (included) | 178,314 | 204,462 | 226,465 | 237,353 | 202,366 | 201,746 | 202,786 | 202,945 | 242,636 | 260,934 |
| Total | 817,208 | 1,003,768 | 1,121,786 | 1,179,796 | 1,202,613 | 1,210,305 | 1,271,862 | 1,320,708 | 1,389,423 | 1,420,981 |
| Expenses |  |  |  |  |  |  |  |  |  |  |
| Local sales cost of operations | 117,280 | 117,048 | 118,246 | 126,911 | 127,460 | 131,065 | 130,527 | 127,414 | 131,071 | 132,252 |
| Local sales worldwide | 118,736 | 124,941 | 130,872 | 137,472 | 144,289 | 147,522 | 150,673 | 143,531 | 147,383 | 148,753 |
| Local sales supplies and services | 64,578 | 59,543 | 57,407 | 63,340 | 66,374 | 68,503 | 70,556 | 73,022 | 73,219 | 72,959 |
| Total | 680,602 | 817,732 | 830,527 | 867,818 | 888,137 | 892,888 | 905,316 | 931,412 | 954,572 | 974,540 |
| EBITDA | 838,608 | 858,811 | 861,253 | 872,312 | 873,406 | 915,646 | 912,247 | 903,257 | 1,020,691 | 1,080,851 |
| EBITDA % | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| Investor Dividend Distributions (P&L) | $447,420 | $479,523 | $496,945 | $529,232 | $528,352 | $494,162 | $494,162 | $494,928 | $515,538 | $515,757 |
| Depreciation | 18,835 | 18,835 | 18,835 | 18,835 | 18,835 | 18,835 | 18,835 | 18,835 | 18,835 | 18,835 |
| Operation Incentive Rate (Mio/Week) | 121,374 | 123,826 | 126,351 | 130,894 | 131,281 | 130,253 | 130,428 | 130,847 | 136,133 | 136,755 |
| Net profit | $13,844 | $14,201 | $16,339 | $20,873 | $22,498 | $29,991 | $29,878 | $30,299 | $33,683 | $34,740 |
| Number of Outstanding Shares |  |  |  |  |  |  |  |  |  |  |
| $3,840 |  |  |  |  |  |  |  |  |  |  |
| Potential Dividend Per Share | $9 | $11 | $11 | $11 | $12 | $12 | $12 | $14 | $14 | $14 |

1. 2017年1月1日,公司召开2017年第一次临时股东大会,并通知全体董事。

1. 2017年1月1日,公司召开2017年第一次临时股东大会,并通知全体董事。

# Rental Data

Demand for luxury rentals continues to grow over the last 2 years post pandemic

Historical Nosy Be Nightly Rental Rates

![img-10.jpeg](img-10.jpeg)

# STRONG CASE FOR GROWTH

Le Grand Bleu Historical and Projections

![img-11.jpeg](img-11.jpeg)

# Business Model Points

- The company is a major business center in the United States, which is a major business center in the United Kingdom.
- The company is a major business center in the United Kingdom, which is a major business center in the United Kingdom.
- The company is a major business center in the United Kingdom, which is a major business center in the United Kingdom.
- The company is a major business center in the United Kingdom, which is a major business center in the United Kingdom.
- The company is a major business center in the United Kingdom, which is a major business center in the United Kingdom.
- The company is a major business center in the United Kingdom

# INVESTMENT SUMMARY

- The site is located in one of the most beautiful and pristine coral reefs in the world
- The property could yield from 15 percent, with an occupancy rate of 50 percent to 30 percent annually, with an occupancy rate of 70 percent. The average occupancy rate is 68 percent
- Current occupancy rate is 76%
- 22% Projected Internal Rate of Return (IRR)
- Quarterly dividends distributed to shareholders. Estimated $9.12 per share for first full year ($50 per share is proposed par value. Less with campaign perks)
- The investment offers pass-through capital gains and dividend income to investors through the SPV LLC the resort would be purchased with
- The investment generates a potential full ROI within 4 years of acquisition

![img-12.jpeg](img-12.jpeg)

2017年1月1日

# THE PLAN

Q4 2022

PHASE 1 -TEST-THE-WATERS CAMPAIGN

Q4 2022 - Q1 2023

PHASE 2 -OFFICIAL LOI IS DRAFTED TO ACQUIRE. SPV IS
FOMRED. OFFICIAL REG CF RAISE BEGINS

Q1 2023

PHASE 2 - FIRST DOWN PAYMENT TO ACQUIRE & TRANSITION OF
MANAGEMENT TO SOAKMONT & TRAINING FROM OWNERS

Q1-Q2 2023

STEP 3 - BEGIN RENOVATIONS & OPERATING LE GRAND
BLEU

| Key Investment Info | Pass-Through Income | Quarterly Dividends | 22% IRR |
| --- | --- | --- | --- |
|  | Investment Perks | Secondary Market | Fully Audited Financials |
|  | Premium Occupancy Rate | Current Revenues | Common Stock |

# Key Growth Plans

## Increase Marketing
Investing in a digital market
Our team has individuals that own marketing agencies. Plans to expand number of banking sites and upgrade the current website.

## Major Renovations to Upgrade whole Site
Plan to add 7 lodges to have 22 total (~50% increase) and upgrade the whole facility and kitchen.

## Expansion of Amenities
SOBA is a big in one of the most of the core sites, cataclysmans, fishing, ecotourism, cooking and cocktail making classes.

## Experienced Leadership
Our team has a continuous improvement culture that will always be seeking new ways to improve the experience and improve margins.

SOAKMONT
EQUITY CAP TABLE - LE GRAND SELU

EQUITY INFORMATION

Here is the breakdown of the equity that would be available:

Soakmont Group LLC, equity fee is $5

Investors are able to buy the remaining 30% of the ownership of Le Grand Bleu.

| Job No. | EQUITY CAP TABLE - LE GRAND SELU |  |
| --- | --- | --- |
| Date of Birth (Mo / Day) | 19 | Current Stock |
| Location | ... | Current Stock |

![img-0.jpeg](img-0.jpeg)

# COMMON STOCK INFORMATION

$50 Per Share

Final price can range from $36.50 - $50
per investor
depending on discounts from campaign perks

| Total | $2,811,500.00 |
| --- | --- |
| Total number of shares per share | 1,000 |
| Total number of shares per share | 250 |
| Total shares | 25 |
| Total number of outstanding shares | 1,000 |
| Total shares | $1,000,000.00 |

SOAKMONT

Le Grand Bleu

![img-1.jpeg](img-1.jpeg)

# Campaign Perks Details

![img-2.jpeg](img-2.jpeg)

SOAKMONT

Le Grand Bleu

![img-3.jpeg](img-3.jpeg)

# BONUS SHARES

| Bonus Shares |  |
| --- | --- |
| Number Available | 237 |
| Value ($50 per share) | $11,850.00 |

1 bonus share will be given to the first 237 investors in this project!

![img-4.jpeg](img-4.jpeg)

![img-5.jpeg](img-5.jpeg)

*Any unused funds after the acquisition and renovations will be redistributed to the shareholders through the quarterly dividend.

*Financials will be audited yearly in the USA for shareholders to review.

View over 1,500 photo's of Le Grand Bleu on Trip Advisor. (click to view) (http://www.tripadvisor.fr/Hotel_Review-g479206-d1945914-Reviews-Le_Grand_Bleu-Nosy_Be_Antsiranana_Province.html#/media/1945914/?albumid=101&type=0&category=101)

For any more information or questions feel free to reach out.

Contact:

info@soakmont.com (mailto:info@soakmont.com)

Websites

http://www.wildworld.eco/ (http://www.wildworld.eco/)

https://soakmont.com/ (https://soakmont.com/)

https://www.legrandbleunosybe.com/ (https://www.legrandbleunosybe.com/)

https://soakverse.io/ (https://soakverse.io/)

About us (https://sphi.io)

Cyber Security Policy (/cyber)

ADDITIONAL RESOURCES

Investor Education (/education_article)

Funded Deals (https://funded.spox.io)

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© 2023 - Regulation Crowdfunding portal hosted by Silicon Prairie Online, an SEC/FINRA reporting Funding Portal.

Investments appearing on this portal involve significant risks including, illiquidity, no guarantee of returns, and possible loss of principal invested.

For more information, see our investor education materials (/education). Not FDIC insured.

Investor portal platform licensed from Silicon Prairie Portal & Exchange, LLC (https://sphi.io/private-portals/)

# ONGOING REPORTING

The issuer will file a report electronically with the Securities & Exchange Commission annually and post the report on its website, no later than:

(120 days after the end of each fiscal year covered by the report)

Once posted, the annual report may be found on the issuer's website at:

https://www.legrandbleunosybe.com/

The issuer must continue to comply with the ongoing reporting requirements until:

(1) the issuer is required to file reports under Section 13(a) or Section 15(d) of the Exchange Act;
(2) The issuer has filed, since its most recent sale of securities pursuant to this part, at least one annual report pursuant to this section and has fewer than 300 holders of record;
(3) The issuer has filed, since its most recent sale of securities pursuant to this part, the annual reports required pursuant to this section for at least the three most recent years and has total assets that do not exceed $10,000,000;
(4) the issuer or another party repurchases all of the securities issued in reliance on Section 4(a)(6) of the Securities Act, including any payment in full of debt securities or any complete redemption of redeemable securities; or
(5) the issuer liquidates or dissolves its business in accordance with state law.

125

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Name of Issuer:** Le Grand Bleu, LLC

**Legal Status:** Limited Liability Company

**Jurisdiction of Incorporation/Organization:** WY

**Date of Organization:** 12-16-2022

**Physical Address:** 1650 WEST END BLVD SUITE 100, ST. LOUIS PARK, MN, 55416

**Issuer Website:** https://www.legrandbleunosybe.com/

**Is there a Co-Issuer?:** No

**Intermediary Name:** Silicon Prairie Online LLC

**Intermediary CIK:** 0001711770

**Intermediary File Number:** 007-00123

**Intermediary CRD Number:** 289746

### Offering Information

**Compensation to Intermediary:** $500.00 setup fee plus 5% on 1st $25,000; 4% on $1 Million - $2 Million; 3% on $2 Million - $3 Million; 2% on $3 Million - $10 Million

**Financial Interest in Issuer:** None.

**Type of Security Offered:** Common Stock

**Number of Securities Offered:** 2000

**Price per Security:** $50.00

**Target Offering Amount:** $100,000.00

**Oversubscription Accepted:** No

**Deadline to Reach Target Amount:** 03-10-2024

### Annual Report Disclosure Requirements

**Current Number of Employees:** 0.00

**Total Assets (Most Recent Fiscal Year):** $0.00

**Total Assets (Prior Fiscal Year):** $0.00

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $200.00

**Cash & Cash Equivalents (Prior Fiscal Year):** $0.00

**Accounts Receivable (Most Recent Fiscal Year):** $0.00

**Accounts Receivable (Prior Fiscal Year):** $0.00

**Short-Term Debt (Most Recent Fiscal Year):** $0.00

**Short-Term Debt (Prior Fiscal Year):** $0.00

**Long-Term Debt (Most Recent Fiscal Year):** $0.00

**Long-Term Debt (Prior Fiscal Year):** $0.00

**Revenues/Sales (Most Recent Fiscal Year):** $0.00

**Revenues/Sales (Prior Fiscal Year):** $0.00

**Cost of Goods Sold (Most Recent Fiscal Year):** $0.00

**Cost of Goods Sold (Prior Fiscal Year):** $0.00

**Taxes Paid (Most Recent Fiscal Year):** $0.00

**Taxes Paid (Prior Fiscal Year):** $0.00

**Net Income (Most Recent Fiscal Year):** $0.00

**Net Income (Prior Fiscal Year):** $0.00

**Jurisdictions Offered:**

PENNSYLVANIA

### Signatures

**Issuer:** Le Grand Bleu, LLC

**Signature:** /s/ Yann Beaudoin

**Title:** Chief Executive Manager

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**Signature:** /s/ Yann Beaudoin

**Title:** Chief Executive Manager

**Date:** 03-10-2023