Wednesday, September 21, 2022 3:32:01 AM
"During the six months ended June 30, 2022, Ms. Hollis, the Chief Executive Officer of the Company, loaned the Company $90,100. The Company entered into a promissory note in the amount of $98,510, representing a 10% original issue discount. The loan is due on September 6, 2022; provided that, 50% is due if the Company receives $500,000 of financing and 100% is due if the Company receives $1,000,000 of financing."
Page 39 of latest form10/A.
Positive: would CEO loan 90K to InnovaQor if she wasn't sure she would get it back? And even Dab paid some of the companies' expenses in 2021 and forgave 500K in exchange for shares. Hollis and Dab have a lot of faith in Innovaqors future. The new client in Montana with 3 facilities is a first step forward. They probably have more up their sleeve but wait until they're Pink Current.
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