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Post# of 148373
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WilliamFL

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WilliamFL

Re: None

Monday, 11/29/2021 1:30:14 PM

Monday, November 29, 2021 1:30:14 PM

Post# of 148373
Any update regarding this $215,000 payment that is due in 29 days?

On June 28th 2021, the Company entered into a settlement agreement regarding the Typenex note. The new terms include a cash buyout option of the entire note for $215,000 by December 28, 2021 with no shares being issued. In Q3 we took a one-time non-cash gain of $500,000 relating to this obligation pursuant to the agreement.
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