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NT posted a link to AVDX's 8K on the Avant board.

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(Total Views: 332)

Posted On: 12/18/2017 1:25:38 PM

Posted By: redspeed

NT posted a link to AVDX's 8K on the Avant board. Looks like they still are planning to get $1.5M with the goal of uplisting. I bought 200K shares today for the heck of it.

Quote:
Mr. VanderMeer has been brought on to help facilitate the cleanup of the current balance sheet with legacy AP, assist with the Company’s audit, and work towards up listing the company to a national exchange. Mr. VanderMeer has not entered into any material plan, contract or arrangement in connection with his appointment as an executive officer.

Quote:
Pursuant to the Agreement, upon the occurrence of a Triggering Event (as defined in the Separation Agreement), the Company shall pay Dr. Goix a lump sum cash payment of $27,346.84 within three (3) business days of the date such Triggering Event occurs.

Quote:
(a) Severance Payment. Upon the Company receiving in excess of $1,500,000 in aggregate gross proceeds from the sale of its equity and/or debt securities on or after the Termination Date (the “Triggering Event”), the Company shall pay Executive a lump sum cash payment of $27,346.84 within three (3) business days of the date such Triggering Event occurs.