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Re: TradeALLday post# 31954

Friday, 12/02/2016 1:58:32 PM

Friday, December 02, 2016 1:58:32 PM

Post# of 32393
I thought December 1st was some sort of deadline. Maybe I'm thinking of something else.

Wait... here it is. $15,000,000 in financing was due yesterday.

In the second agreement the Company engaged and retained Wellington Shields as a placement agent to Rx Safes, Inc as it relates to acquisition financing of up to $15,000,000, terminating at the close of business December 1, 2016. In consideration for the services rendered by Wellington Shields, the Company agrees to pay placement success fee equal to 8% of the gross proceeds of the placement, common shares equal to 3% of the outstanding shares of Rx Safes, Inc. post closing and a monthly accruing retainer of $10,000 per month, payable at the time of a financing at any amount of $5 million.




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