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$RMRK aquisiton delayed and no plans for

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geocam Member Level  Wednesday, 11/15/17 02:36:50 AM
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$RMRK aquisiton delayed and no plans for future operations of Rimrock.

5's? or 4's?


The Company expects to consummate the acquisition in 2018 and does not currently have plans for future operations of Rimrock.
*10-Q Nov 14, 2017

The Company expects to consummate the acquisition in the fourth quarter of 2017.
*10-Q/A Aug 22, 2017



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12382236
Quote:

6. Other Assets

Pursuant to a Note Purchase Agreement dated as of March 27, 2017 by and between the Company and Rimrock Gold Corp, (“Rimrock”), the Company agreed to fund up to $300,000 to settle outstanding convertible debt of and accounts payable by and on behalf of Rimrock and to pay certain ongoing accounting expenses, for the ultimate acquisition of Rimrock, a public company located in Las Vegas, Nevada with limited operations. The Company expects to consummate the acquisition in 2018 and does not currently have plans for future operations of Rimrock. No definitive agreements have been entered into and no assurance can be given that we will successfully complete and close the proposed acquisition or business combination. For the period from Inception to September 30, 2017, the Company advanced $108,250 on behalf of Rimrock to settle the aforementioned liabilities.





http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12245217
Quote:

6. Other Assets

Pursuant to a Note Purchase Agreement dated as of March 27, 2017 by and between the Company and Rimrock Gold Corp, (“Rimrock”), the Company agreed to fund up to $300,000 to settle outstanding convertible debt of and accounts payable by and on behalf of Rimrock, for the ultimate acquisition of Rimrock, a currently inactive public company located in Las Vegas, Nevada. The Company expects to consummate the acquisition in the fourth quarter of 2017. For the period from inception to June 30, 2017, the Company advanced $107,000 on behalf of Rimrock to settle the aforementioned liabilities.



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