CLEARTRONIC, INC. (OTCMKTS:CLRI) Files An 8-K Termination of a Material Definitive AgreementItem 1.02 – Termination of a Material Definitive Agreement
Effective as of June 1, 2018, Cleartronic, Inc. (the “Registrant”)terminated an Asset Purchase Agreement dated April 24, 2018 with a CanniPlus Global, Inc. After an audit of the assets to be purchased by the Registrant from CanniPlus Global, Inc. material discrepancies were discovered in the schedule of assets to be purchased under the terms of the Asset Purchase Agreement.
About CLEARTRONIC, INC. (OTCMKTS:CLRI)
Cleartronic, Inc. is a provider of Internet Protocol (IP) unified group communication solutions. The products used in the Company’s solutions include its own products, as well as products from other software and hardware vendors. The Company’s operations are conducted through its subsidiaries, VoiceInterop, Inc. and ReadyOp Communications, Inc. VoiceInterop, Inc. designs, builds and installs group communication solutions, including hardware and customized software. The Company sells its line of Internet Protocol Gateway under the brand AudioMate 360 IP Gateway. ReadyOp Communications, Inc. is engaged in the marketing and sales of ReadyOp software. ReadyOp is a Web-based planning and communications platform for planning, managing, communicating and directing activities within a single organization or in a unified command structure. ReadyOp is a solution with multiple means of communications in a single program, including interoperable communications for radios and other devices.
