OrangeHook, Inc. (OTCMKTS:ORHK) Files An 8-K Entry into a Material Definitive Agreement

ME Staff 8-k
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OrangeHook, Inc. (OTCMKTS:ORHK) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

On August 30, 2017, OrangeHook, Inc., a Florida corporation (the "Company"), entered into a Commercial Promissory Notewith Jeffrey A. Levy, an individual, in the principal amount of $250,000 (the "Note"). The maturity date of the Note is March 1, 2018, ("Maturity Date") and calls for the Company to make monthly interest payments at the annual rate of 15% beginning September 30, 2017. The Note is supported by three personal guarantees by board members James Mandel and Jeffrey Hattara, President and Chief Executive Officer and Chief Strategy Officer, respectively, and board member Whitney Peyton. The Note also calls for it to be secured by a lien on certain realproperty of Mr. Peyton within 30 days of entering into the Note.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information included in Item 1.01 above is incorporated by reference into this Item 2.03.


About OrangeHook, Inc. (OTCMKTS:ORHK)

OrangeHook, Inc., formerly Nuvel Holdings, Inc., is a holding company. The Company focuses on providing capital to fund the growth of sales, as well as centralized financial, marketing, legal, regulatory and consulting services designed to manage selling, general and administrative expenses across its portfolio companies. The Company’s tools allow it to analyze, engage and accelerate business solutions and investments. The Company provides legal representation. The Company’s partnerships with legal companies enable it assist in organizational structure and asset protection. The Company also provides a range of financial solutions.

OrangeHook, Inc. (OTCMKTS:ORHK) Recent Trading Information

OrangeHook, Inc. (OTCMKTS:ORHK) closed its last trading session 00.00 at 10.50 with 500 shares trading hands.