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kayakzz

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kayakzz

Re: None

Saturday, 07/01/2017 2:40:51 PM

Saturday, July 01, 2017 2:40:51 PM

Post# of 105598
SOON!!!

Logistic has made a demand for payment of outstanding payables in the amount of $8,850,000. As of the date hereof, and while not in any manner accepting the validity of Logistic’s claim, the Company is in settlement negotiations with Logistic regarding such payment.

The Company has concluded to restate its financial statements for the Relevant Period to correct the above identified accounting and disclosure errors. The Company and its advisors are working expeditiously to complete this review and the Company intends to bring current its financial reporting obligations as soon as practicable.

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