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Sunday, 03/21/2021 10:40:48 AM

Sunday, March 21, 2021 10:40:48 AM

Post# of 82653

It has been made clear by the Rhode Island authorities approving long term bond facilities for the MedRecycler-RI, Inc. project, that the Company cannot have an ownership interest given its poor creditworthiness and insolvency. The approving authority has expressed a desire to sever all economic interest in the Rhode Island Project from the Company, However, we have proposed, and have received initial approval, whereby in exchange for releasing all guarantees and other security interests of the Company and its subsidiaries, and forgoing direct ownership in MedRecycler-RI, Inc



From latest 10k/a. Nice Amendment. Page 10. Link: https://www.sec.gov/Archives/edgar/data/1343465/000149315220023828/form10-ka.htm
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