Replies to post #40515 on Praxsyn Corp (PXYN)

[Lighthouse]

Where does it show the payment schedule? I don't see it?

[Lighthouse]

No argument about the contract, but that they removed from it the monthly payment schedule... See section 12 of the 10Q...

"On June 30, 2015, we entered into Amendment No. 1 to the Services Agreement with NHS in which we removed the originally agreed upon monthly payment schedule and specified a commencement date of July 1st 2015 and ending date of June 30, 2016. As of June 30, 2015, a total of $1,000,000 has been paid to NHS towards the total $120,000,000 due under this amended contract, and is included in "Other current assets" in the accompanying consolidated financial statements."