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.
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
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