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CRGO.OB > SEC Filings for CRGO.OB > Form 8-K on 25-Aug-2008All Recent SEC Filings

Show all filings for CARGO CONNECTION LOGISTICS HOLDING, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for CARGO CONNECTION LOGISTICS HOLDING, INC.


25-Aug-2008

Creation of a Direct Financial Obligation or an Obligati


Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an

Off-Balance Sheet Arrangement of a Registrant.

On August 21, 2008 Cargo Connection Logistics Holding, Inc. (the "Corporation") issued a secured promissory note to Brainard Management Associates Inc. ("Brainard"), in the principal amount of $25,000, bearing interest at an annual rate of 12%, maturing on August 19, 2009 (the "Note"). The Note is secured by a first priority lien against all assets of the Corporation which were not previously collateral for other obligations.

Item 9.01 Exhibits

Exhibit

Number Description

10.1 Promissory Note, dated August 19, 2008, issued to Brainard Management Associates Inc., in the principal amount of $25,000.

80050723.2


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