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robertking

04/27/16 8:25 PM

#4965 RE: KOmani #4962

That is fair to bring up, but we have been talking about it all day. I think we get news in the next 48 hours in the form of another 8k at least.

The great thing about this play so far is that it has been "pump free".

Everybody has been open and upfront about the large O/S and float, but also about the potential for revenue here.

Once the four hospital contracts are announced, there is no way that the rights to the patent and the hospital revenue won't make this a 20 million dollar company in terms of valuation.

That put the stock price at almost .02. I think that is exactly where we are headed.
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jet101

04/27/16 8:42 PM

#4967 RE: KOmani #4962

I hope it does close tomorrow but according to the 8k they can move the date past the 28th if needed and the name change would be within 60 days of closing. Looks like maybe May 2nd is the drop dead date.

Section 3.1

Closing . Subject to any termination pursuant to Section 8, the sale and purchase of the Assets (“Closing”) shall take place at Seller’s place of business at 120 W Pomona Ave, Monrovia, CA 91016 on or before April 28, 2016, (“Closing Date”), or at such other place and time to which the Parties may mutually agree.

Section 5-F
Name Change of Buyer. A name change shall be effected within 60 days of closing.

Also this is under section 8 Termination
Section 8.1 (B)
By either Party if the Closing shall not have occurred by May 2, 2016, despite the good faith reasonable efforts of the Parties, and if the Party desiring to terminate is not in breach of this Agreement; provided, however, such May 2, 2016 date shall not apply to any Asset for which Closing has been deferred pursuant to this Agreement.