ORHUB Inc. (ORHB)

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Huge hurdles have just been cleared.
Majority of Note Holders Vote for Conversion into Equity of All Outstanding Series 2017-A 12% Notes

TEMPE, Ariz., April 23, 2019 /PRNewswire/ -- ORHub, Inc. (ORHB) (the "Company" or "ORHub"), a SaaS-based healthcare data analytics company focused on the business of surgery to improve the profitability of hospitals, ambulatory surgery centers (ASCs) and health systems, today announces that pursuant to the terms of the Series 2017-A 12% Notes (the "Note"), the Board of Directors initiated a Note Holder vote on April 11, 2019 by way of ballot (see "Exhibit I") pursuant to Section 8.2 of the Note Agreement that allows for amendments to the Agreement, "by an affirmative vote of more than 50% of the Note Holders with votes tabulated by the principal of the Notes held by such Note Holders, including any accrued and unpaid interest. If any amendments are proposed, Note Holders will receive 10-day notice of the proposed amendment with a ballot" or "Amendments may also be made by consent of a majority of the Holders in which case other Note Holders will receive a notice of such Amendment."