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Replies to post #81410 on RedHawk Holdings Corp (fka SNDD)
04/19/24 7:56 PM
04/19/24 8:12 PM
04/19/24 9:09 PM
5. On or about 9/3/2020, Plaintiff and Business Defendant entered into a Purchase and Sale
of Future Receivables Agreement (hereinafter referred to as the “Agreement”) whereby
Plaintiff agreed to purchase all rights to Business Defendant’s future account receivables
having a face value of $359,760.00 with an agreed upon purchase price of $240,000.00. A
copy of the Agreement is annexed hereto as Exhibit A.
6. Pursuant to the aforesaid Agreement, Business Defendant agreed to have one bank
account approved by Plaintiff (hereinafter referred to as the “Bank Account”) from
which Business Defendant authorized Plaintiff to debit $4,497.00 each day until the
purchased amount of receivables- $359,760.00 - was paid in full.
09/16/24 8:08 PM
5. On or about 9/3/2020, Plaintiff and Business Defendant entered into a Purchase and Sale
of Future Receivables Agreement (hereinafter referred to as the “Agreement”) whereby
Plaintiff agreed to purchase all rights to Business Defendant’s future account receivables
having a face value of $359,760.00 with an agreed upon purchase price of $240,000.00. A
copy of the Agreement is annexed hereto as Exhibit A.
6. Pursuant to the aforesaid Agreement, Business Defendant agreed to have one bank
account approved by Plaintiff (hereinafter referred to as the “Bank Account”) from
which Business Defendant authorized Plaintiff to debit $4,497.00 each day until the
purchased amount of receivables- $359,760.00 - was paid in full.
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