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Re: None

Thursday, 11/02/2017 1:25:57 AM

Thursday, November 02, 2017 1:25:57 AM

Post# of 73609
Was Dr. Okito able to renegotiate terms on any of the notes referenced below? Does anyone here have an update regarding that from the good Dr. Okito?

As of June 30, 2017, the Company was in default on the repayment of certain convertible notes and promissory notes with an aggregate principal amount of $213,500, which are immediately due and payable. The continuation of the Company as a going concern through December 31, 2017 is dependent upon the continuing financial support from its stockholders or negotiation of repayment term. Management believes the existing shareholders will provide the additional cash to meet the Company’s obligations as they become due.
These factors raise substantial doubt about the Company’s ability to continue as a going concern.