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Alias Born | 02/15/2012 |
Thursday, January 10, 2019 2:45:34 PM
Effective November 13, 2018, we acquired
SkyAuction under the terms of a merger agr
eement for which we issued 165,363,244 share
s of our
common stock, issued a warrant exercisable
for three years at an exercise price of
$.05 per share to Michael Hering to acquire
5,000,000 shares of our
common stock as a bonus for arranging the SkyAuction Merger and i
ssued a secured promissory note in the aggregate principal amo
unt of $2,500,000. The
secured note issued to SkyAuction provides for repayment in full
at the third anniversary date of the closing date of the merge
r, such principal amount to be
reduced by 15% of each capital raise we complete (less any finder’s
or underwriter’s fees) and interest at 3% per annum payable
at our discretion in common
stock or cash. The note is secured by a lien on the SkyAuction assets
https://backend.otcmarkets.com/otcapi/company/financial-report/210095/content
$QMKR
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