Replies to post #96180 on Creative Medical Technology Holdings Inc (CELZ)

[justdafactss]

Hmmm, the 16th just 2 trading days away...right on schedule.

Hmmm, $297,000.00 on the line as per contract, or BREACH the contract and no reverse split.

Lets see which one of the two they go with...

Pursuant to the Purchase Agreement, for an aggregate purchase price of $275,000.00, the Investors purchased Notes in the aggregate principal amount of $297,000.00.

The Purchase Agreement requires the Company to file a preliminary information statement with the Securities and Exchange Commission within 30 days following the closing to effect a reverse split of the Company’s Common Stock at a ratio of between one-for-25 and one-for-75 (the “Reverse Split”), and to cause the Reverse Split to become effective no later than December 30, 2019. In addition, the Notes are subject to covenants, events of defaults and other terms and conditions customary in transactions of this nature.

https://www.sec.gov/Archives/edgar/data/1187953/000110465919054379/tv531027_8k.htm

https://www.sec.gov/Archives/edgar/data/1187953/000110465919054379/tv531027_ex4-1.htm
https://www.sec.gov/Archives/edgar/data/1187953/000110465919054379/tv531027_ex10-1.htm

[gint1]

CELZ.....Thank you for the Reliable information......

[kid biscuit]

So far it looks like its been shelved and for good reason...she's starting to take off on her own.