InvestorsHub Logo
Followers 169
Posts 10541
Boards Moderated 0
Alias Born 11/17/2015

Re: OTC Whisperer post# 1999

Saturday, 03/10/2018 10:22:09 AM

Saturday, March 10, 2018 10:22:09 AM

Post# of 2069
FOUND IT ON P. 18 LAST QUARTERLY:

"...In March 2016, the Company entered into an initial one (1) year agreement with Arrowroot Partners, LLC (“Arrowroot”), to assist in obtaining equity or debt financing for the Company. The Company issued 15,460 shares of its unregistered common stock, valued at $15,000, to Arrowroot as a non-refundable restricted equity share retainer fee, which can be applied toward future financing fees in connection with any placements. A cash fee of 8% of the gross proceeds and a warrant fee of 8% of the number of shares placed, in addition to preapproved expenses, will be paid to Arrowroot for its services if they are successful in obtaining debt or equity financing..."


https://www.arrowrootadvisors.com/leadership

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.