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Re: Winters post# 33582

Friday, 01/13/2017 2:47:52 PM

Friday, January 13, 2017 2:47:52 PM

Post# of 86313
Has EcoCab violated the Stock Exchange Agreement?

Numbers will be out when the audit is complete - It's in Enterprise CPA's hands.


The AMENDED AND RESTATED STOCK EXCHANGE AGREEMENT says that one of the Third Tranche conditions is:

"Third Tranche Condition" means that ECPLLC has (1) made audited financials available to LIBE within 71 days of the First Closing Date, ...


If the deal closed on Oct 31, 2017, as the agreement said it must, then the audit was due a couple of days ago.

If the audit is still in the CPA's hands, is EcoCab Portland in violation of the amended agreement?


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