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Quotes & Info
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| CRGO.OB > SEC Filings for CRGO.OB > Form 8-K on 25-Aug-2008 | All Recent SEC Filings |
25-Aug-2008
Creation of a Direct Financial Obligation or an Obligati
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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