QPAGOS (OTCMKTS:QPAG) Files An 8-K Entry into a Material Definitive AgreementItem 9.01 Entry into a Material Definitive Agreement.
On July 16, 2018, QPAGOS, entered into an amendment (the “Amendment”) to its agreement, dated June 14, 2018, as amended on June 29, 2018, to organize and operate a joint venture (the “Agreement”) with Digital Power Lending, LLC, a wholly-owned subsidiary of DPW Holdings, Inc., and Innovative Payment Systems, Inc. to extend the expected closing date of the Agreement to on or before August 17, 2018.
The foregoing description of the Amendment is not complete and is qualified in its entirety by reference to the full text of such agreement filed as an exhibit to this Form 8-K.
Item 9.01 Exhibits and Financial Statements.
(d) Exhibits
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Exhibit No. |
Description |
| 10.1 | Amendment, dated July 16, 2018, to Agreement to Organize and Operate a Joint Venture. |
QPAGOS ExhibitEX-10.1 2 s111417_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 Extension of Agreement to Organize and Operate A Joint Venture Pursuant to ARTICLE X,…To view the full exhibit click here
About QPAGOS (OTCMKTS:QPAG)
QPAGOS, formerly Asiya Pearls, Inc. is a provider of physical and virtual payment services in the Mexican Market. The Company provides an integrated network of kiosks, terminals and payment channels that enable consumers to deposit cash, convert it into a digital form and remit the funds to any merchant in its network. The Company’s subsidiary is Qpagos Corporation. Its RG Payment Switch is designed to transfer payments to providers of services. Its RG Kiosk is a platform designed for the collection of payments through self-service kiosks. The Company’s Payment Gateway connects service providers and their clients through Qpagos Corporation’s technology and processing system. Its RG Processing is a platform designed for processing payments collected through various devices and interfaces, such as self-service kiosks, windows (WIN) terminals, Java terminals and extensible markup language (XML) terminals.
