Posted On: 06/01/2015 10:31:17 AM
Post# of 99243
KHGT major note retirement and merger mentioned in the Friday AH filing
NOTE 6 – NOTE PAYABLE
The note payable was initially recorded as part of a business transaction in 2010 and it is the Company’s belief that
the debt was cancelled in conjunction with the subsequent cancellation of the business transaction.
There has been no collection or contact by the noteholder since 2010 and the Company has been unable to determine
who, in fact, could be the noteholder. As such, the Company is pursuing the write off of the note through legal
counsel based on statute of limitation laws of the State of Nevada
NOTE 6 – NOTE PAYABLE
The note payable was initially recorded as part of a business transaction in 2010 and it is the Company’s belief that
the debt was cancelled in conjunction with the subsequent cancellation of the business transaction.
There has been no collection or contact by the noteholder since 2010 and the Company has been unable to determine
who, in fact, could be the noteholder. As such, the Company is pursuing the write off of the note through legal
counsel based on statute of limitation laws of the State of Nevada
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