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Re: WBCTrader post# 165630

Tuesday, 05/23/2017 5:04:58 PM

Tuesday, May 23, 2017 5:04:58 PM

Post# of 235027
Don't you think if they really needed money, they can borrow from Cyber Safety $400k+ like last 2 years 0% interest? Which they already paid back Cyber Safety in 2016.

Per 10-k

On August 24, 2015, the Company entered into an agreement with Cyber Safety, Inc., a New York corporation (“Cyber Safety”) for Cyber Safety to license, and retain an option to purchase, the patents and Intellectual Property related to the GuardedID Ò and MobileTrust Ò software. In conjunction with the licensing and the option to purchase, Cyber Safety loaned the Company $408,000 in 2015 and $75,000 in 2016. During the year ended December 31, 2016, the note was repaid in full to Cyber Safety (See Note 5).

https://ih.advfn.com/p.php?pid=nmona&article=74346121&symbol=USOTC%3ASFOR
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