$STKO. Completion of Acquisition or Disposition of
Post# of 286
Posted On: 03/22/2012 11:16:28 PM
$STKO. Completion of Acquisition or Disposition of Assets.
The Agreement of Purchase and Sale between Stakool, Inc. and Anthus Life Corp. consists of exchanges in three parts. On July 22, 2011, Anthus Life Corp. sent certain persons certified checks in the total amount of $100,000 in exchange for the return, assignment and/or canceling of outstanding convertible notes and issued and outstanding Stakool, Inc. shares. Anthus Life Corp has received, or will receive (and has an accounting of) all of the issued and outstanding shares of Stakool, Inc., with the exception of approximately 500,000 shares, which are owned and deposited in individual shareholder accounts.
Stakool, Inc. filed its quarterly report in the form of a 10-Q for the period ending June 30, 2011, on August 15, 2011; the next quarterly report was filed on November 18, 2011, for the period ending September 30, 2011, with consolidated financial reports of both Stakool, Inc. and Anthus Life Corp. Updated historical interim financial statements were filed as an exhibit to our Form 8-K/A filed on January 6, 2012.
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