Wednesday, May 09, 2018 9:17:16 PM
Quantum Medical Transport, Inc. (DRWN: OTC.PK) hereby announces its exit from the medical transportation business and plans to transform to a medical software data management company.
The company has decided to spin off United Ambualnce, LLC its wholly owned subsidiary company.
The underlying debt balance of $600,000 that is owned by Northbridge Financial does not offically terminate until the default date of July 04, 2018 and the parties must appear in court to terminate.
Once the debt is terminated by signed agreement or court order, Northbridge will no longer receive 3(a)10 shares regarding the debt owed to United Ambulance former owners.
The company believes this is in the best interest of the company and its stakeholders and plans to develop the company as a medical technology company.
The company will be announcing upcoming news in support of its change in business model.
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