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Re: rrojarom post# 18627

Saturday, 04/07/2018 3:07:57 PM

Saturday, April 07, 2018 3:07:57 PM

Post# of 22600
The company entered into a settlement agreement with Northbridge Financial to restructure the company debt through a 3(a)10 lawsuit that was filed by Northbridge, in which Northbridge received stock in exchange for the debt. The $810,000 debt was incurred as a result of the acquisition of United Ambulance, LLC.

The company mutually terminated its 3(a)10 settlement agreement with Northbridge Financial and entered into a settlement with CF3 Enterprises, LLC a New York private equity firm that acquired the company’s total outstanding debt of $1,455,000 through a 3(a)10 settlement.


https://backend.otcmarkets.com/otcapi/company/financial-report/186063/content