AVDX INVESTORS GROUP LLC For the fiscal year ended September 30, 2017, we acquired a CLIA laboratory from THI. As a result of the cost cutting measures taken during the fiscal year ended September 30, 2017, the Company substantially curtailed the use of the CLIA laboratory. Also, as a result of these cost cutting measures, the Company was unable to timely make certain payments on the terms of the lease. As a result, the Company defaulted on its lease at the location of the Maryland laboratory and the landlord held the equipment located in the facility as collateral for amounts owed under the lease. AVDX Investors Group, LLC (“AVDX”), an entity controlled by Jeff Busch, our Executive Chairman (“Busch”), loaned the Company the capital to purchase the equipment. The note issued to AVDX is a demand promissory note that bears no interest and is secured by the equipment. During the fiscal year ended September 30, 2018, AVDX, Busch and his affiliated entities also loaned and/or paid certain obligations amounts on behalf of the Company.
Details Name AVDX Investors Group, LLC Status Good Standing Formation date 06/10/2019 ID number 20191479999 Form Foreign Limited Liability Company Periodic report month June Jurisdiction Delaware Principal office street address 1050 30th St NW STE 207, Washington D.C., DC 20007, United States Principal office mailing address n/a Registered Agent Name Michael Irwin Ruxin Street address 7558 S Turkey Creek, Morrison, CO 80465, United States Mailing address PO BOX 869, Morrison, CO 80465, United States
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