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sportif

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sportif

Re: None

Monday, 09/15/2014 6:03:12 PM

Monday, September 15, 2014 6:03:12 PM

Post# of 2766
More debt resolution

On September 11, 2014, the Company and the Landlord entered into a Settlement Agreement (the "7040 Agreement") pursuant to which the Company and the Landlord settled all past due amounts and amounts owed for the term of the Lease in consideration for the Company issuing the Landlord an 8% Secured Promissory Note in the amount of $1,100,000 (the “7040 Note”).

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