Theralink Technologies Inc (THER)

[learningcurve2020]

Didn't think so. Lol.

Let's have Southern use that noggin and tell us what's going on here?


Escrow agreement

>>At March 31, 2018, $200,000 of the aggregate subscription amount of the March 2018 financing is being held in escrow and shall released upon the upon the satisfaction of certain conditions or waiver thereof by all of the investors, including: (i) the Company shall have filed its annual report for the fiscal year ending December 31, 2017 on or prior to April 17, 2018, (ii) the Company shall have sold or otherwise disposed of its subsidiaries Vitel and Oncbiomune México, S.A. De C.V. and reserved an aggregate of 46,158,013 shares currently held by Vitel principals for the benefit of the investors and (iii) the Company shall at all times be in full compliance with the conditions set forth in Rule 144(i)(2).The $200,000 is included in prepaid expenses and other current assets of the accompanying condensed consolidated balance sheet at March 31, 2018. In June 2018, the $200,000 was released to the Company.