[B]ITKH .0025 AGREEMENT FOR SALE- $2MILLION CASH + OTHER CONSIDERATIONS: [/B]
Quote:
NOTE 7 – On October 25, 2012 the Company signed an agreement with Ceelox Inc. (OTC QB:CELO) to sell the
assets of the Company’s subsidiary, Send Global Corporation. This transaction is scheduled to close not
later than April 25, 2013. On November 21, 2012 Ceelox Inc. paid the Company a deposit of $85,000
which has been recorded as current liability in the accompanying financial statements. Per the terms of
the agreement with Ceelox, Inc., final confirmation of the sale depends on the results of an audit which is
currently in progress.
