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Re: Pennies_Envy post# 88521

Monday, 06/18/2018 7:07:57 PM

Monday, June 18, 2018 7:07:57 PM

Post# of 114756

1.The acquisition was financed personally by Mr. Orie Rechtman, our CEO. Mr. Rechtman loaned the Company $65,000 at 10% per annum with payments of $4,000 per month for eighteen months. 

https://www.otcmarkets.com/stock/COHO/news/Crednology-Holding-Corp-Update-Details-regarding-the-financing-for-Acquisition?id=194723 ;

2."The second loan was the financing of $250,000 provided by our CEO Orie Rechtman for the purchase of California Recycles, Inc. The interest rate on this loan is at prime plus 2%." 

3.In 2011 Landmark PMG LLC., a company that I owned personally, purchased with personal funds that I provided to the business, the assets of 4Service Inc a disaster recovery and cloud computing company for $1.2 Mil 

https://www.otcmarkets.com/stock/COHO/news/Crednology-Holding-Corp-CEO-Issues-Letter-to-Shareholders?id=190811 ;


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