Linux Labs International Inc. acquired 69.9% stake in Sirrus Corp. (OTCPK:SRUP) from Ahmed Guled for $0.05 million on October 14, 2016. Under the terms of agreement, Linux Labs will pay $0.01 in cash and $0.04 in promissory note. Linux Labs purchased 25 million shares. Out of $0.05 million, $0.04 million were allocated towards shares and $0.01 million towards purchase of debt. There are no consents necessary or required from any third parties, including, but not limited to, governmental or other regulatory agencies, federal, state or municipal, required to be received by or on the part of Sirrus and Ahmed Guled for the execution and delivery of this agreement and the performance of their respective obligations hereunder. Linux Labs International Inc. completed the acquisition of 69.9% stake in Sirrus Corp. (OTCPK:SRUP) from Ahmed Guled on October 14, 2016.