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Friday, December 01, 2017 11:34:55 AM
Pursuant to the Company’s variable interest entity relationship with a California based restaurant, the
Company incurred a promissory note in the amount of $495,000. The amount payable to the individual,
related through the variable interest entity relationship as the mother of the managing member of
Credo Ventures, LLC who loaned the monies to Credo Ventures, LLC, at June 30, 2017 is $495,000. The
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