lass die news von gestern erstmal richtig bei den leutenankommen, denn viele wissen ja noch nichts davon..
Das Ergebnis ist eine signifikante Reduktion von 900.000 Aktien der public float
The net result is a significant reduction of 900,000 shares in the public float
Investor Relations for Verity Corp
The following 8-K was filed today, July 25:
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
In December 2012, Verity Corp., formerly Aqualiv Technologies Inc., (the “Company”), entered into certain agreements with Sawmill Partners, LLC, a Washington state limited liability company (“Old Sawmill”), Amboy Equities, Inc., a New York corporation (“Amboy”), Fide Management, Inc., a New York corporation (“Fide”), and Virtu Consulting Services, Inc., a New York corporation (“Virtu”). Verity, Silverdale, Old Sawmill, Amboy, Fide, and Virtu shall be referred to as the “Debt Holders”. The agreements with the Debt Holders provided for the elimination of certain outstanding debt in exchange for the issuance on conversion of an aggregate of 900,000 post-split shares of common stock of the Company (the “Shares”). On July 23, 2012, the Company and the Debt Holders entered into an agreement pursuant to which the prior transactions were rescinded, the Shares were cancelled and debt in the aggregate principal amount of $72,000 was reinstated. The debt was reinstated to its original issuance date of February 5, 2009, bears interest at the rate of 6% per annum commencing August 1, 2013 and has a maturity date of January 15, 2014.
LINK: www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9413788
The net result is a significant reduction of 900,000 shares in the public float and the reinstatement of $72,000 in debt.
For your information.
Investor Relations for Verity Corp
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