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Re: penniesbgone post# 23215

Monday, 03/03/2014 10:00:40 PM

Monday, March 03, 2014 10:00:40 PM

Post# of 23971
as you can see i am thorough on dd 'what i do to try for all good networking ideas.' this is reminder of what happened between entities agebda.

re;

A letter from Mark Osgood...having been here for a long time, I asked Mark how things would be resolved in regards to the debt owed by NHSH to him and in response, he sent me a letter dated February 10, 2013....MB

2/10/13
To Whom It May Concern:

I, Mark Osgood, have come into an agreement with AVERRUNCUS, UK LTD, formerly Mineseeker Operations UK, LTD.
The agreement states Averruncus, UK LTD, has agreed to take on $549,891.00 plus interest of the $622,000.00 plus interest owed to me in debt notes from NHSH.

In speaking with Mike Kendrick and Mark Dorey, they readily accepted that the amount of $549,891.00 was properly received by Mineseeker. I wanted to have my debt go to the company that received my monies. I did not want to have that burden put 100% on NHSH and its shareholders. That was the desire of both parties.

Mike and Mark were in total agreement that the debt ($549,891.00 plus interest) was now debt belonging to Averruncus, UK LTD, and have taken full responsibility for it.

I have had my lawyer’s office contact NHSH and let them know the good news that the balance owed by NHSH is now reduced to $72,109.00, plus interest.

I hope that the shareholders look at this of a sign of hope for NHSH.

Sincerely,
Mark Osgood

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