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Re: lesgetrich post# 76429

Wednesday, 08/24/2016 4:27:08 PM

Wednesday, August 24, 2016 4:27:08 PM

Post# of 112677
Sorry "should have received" is past tense when September hasn't even occurred yet. this is total fabrication since the information hasn't been released in an official PR.

total BS until it comes out in an official PR from MCIG via a legit news site.





They should have received $500,000 no later than September 15. $150,000 is due before the end of this month and another $350,000 is due by mid September.


Quote:
3. Upon Signing Definitive Agreement $350,000, not to exceed 30 days on a “best efforts” basis.


The balance needs to be available by mid October.


Quote:
4. 60 days after signing the Definitive Agreement $2,000,000 on a mutually agreed draw down schedule on a “best efforts” basis.


Nothing in the agreement says that they can't collect the funds in item 3 or 4 sooner than they are due. It simply gives RxMM some flexibility to get the money together.