Willamette Group Trust entered into a securities purchase agreement to acquire 37.7% stake in Stratus Capital Corp. (OTCPK:SRUS) from Richard Dean and Reagan Dean for $0.2 million on October 28, 2020. Under the terms of transaction, Willamette Group will acquire 5.9 million common stock from Richard Dean and 2 million from Reagan Dean, respectively and 0.67 million and 0.32 million preferred shares owned by Richard Dean and Reagan Dean, respectively. Willamette Group will pay $0.75 million cash due January 15, 2021 and $0.75 million in 8% secured promissory note due March 31, 2021, with the securities pledged as collateral. Richard Dean will retain 1 million common shares. Upon completion, Willamette Group will own 8.1 million shares of Stratus Capital and 1 million preferred stock. As additional consideration, Pedro C. Gonzalez, trustee of Willamette Group agreed to personally guarantee the existing promissory note between the Deans and the Company, with an anticipated repayment date of March 31, 2021. In connection with the transaction, Richard Dean resigned as Chief Executive Officer, President and Chairman of the Board, effective October 25, 2020, but will remain a Director; Pedro C. Gonzalez was appointed to fill the role of Chief Executive Officer. Stratus Capital has appointed Mary Helen Cobb and John L. Page as Executive Vice-Presidents and officers of the company effective December 1, 2020. Willamette Group Trust completed the acquisition of 37.7% stake in Stratus Capital Corp. (OTCPK:SRUS) from Richard Dean and Reagan Dean on October 28, 2020.