InvestorsHub Logo
Followers 4
Posts 147
Boards Moderated 0
Alias Born 02/10/2017

Re: loanranger post# 42705

Monday, 11/27/2017 5:43:54 PM

Monday, November 27, 2017 5:43:54 PM

Post# of 54032
Haven't found a separate filing on the agreement but it's mentioned in all relevant filings since the original release of the news. The original release has some good information on the details.

Press Release

But the most recent 10Q has more details. A quick excerpt and a link below.

The Company paid a one-time upfront non-refundable license fee of $9,810 in cash and agreed to an additional payment of common shares of Company stock. The Company agreed to issue and did issue 5,000,000 common shares which had a value of $27,500, based on the closing price of the stock on the day the Company entered into the agreement ($0.005 per share). The cost of the shares will be prorated over the life of the license. The Company further paid $2,190 as a prepaid deposit on future inventory for the purchase of 1,500 units at unit cost of $1.46.



Form 10Q

Is this what you were looking for or something standalone?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.