Neutra Corp. (OTCPK:NTRR) entered into letter of intent to acquire Vivis Corporation from Sydney Jim and others for $0.04 million on July 26, 2019. The purchase price for all outstanding stock of Vivis is $35,000 cash and a royalty of 40 percent of gross revenue until $100,000 is paid declining to 25% until an additional $100,000 has been paid. There will be a 10% royalty in perpetuity. Sydney Jim is Chief Executive Officer and Principal Stockholder of Neutra Corp. hence it will be accounted for as a related party transaction.