InvestorsHub Logo
Followers 120
Posts 3168
Boards Moderated 0
Alias Born 02/21/2010

Re: OCMillionaire post# 19809

Tuesday, 10/31/2017 4:05:03 AM

Tuesday, October 31, 2017 4:05:03 AM

Post# of 59924
Did they?? Really?

... if the nine (9) partial payments of the Purchase Price hereunder are not made as required by the the Claims Purchase Agreement, and such partial payments have not been made within six (6) months of Closing, this Asset Purchase Agreement shall become null and void,



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12332791

Per the 8K they haven't paid the $700k in full, and no word how much they paid and when. But this is kind of interesting too:

(b) The Payment of the Purchase Price as specified in Section 2.1 shall be processed with the Buyer’s transfer agent for the timely issuance and receipt of the Payment by the Seller.


Processed with the TA? Timely Issuance?? Are they paying with shares??