Sport Endurance, Inc. (OTCMKTS:SENZ) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement
Sport Endurance, Inc. (OTCMKTS:SENZ) Files An 8-K Entry into a Material Definitive Agreement
On June 5, 2017, Sport Endurance, Inc. (the “Company”) entered into a Forbearance Agreement with a holder (the “Lender”) of a 10% Senior Secured Convertible Promissory Note (the “Note”), to which the Company and the Lender agreed to extend the due date of the Note to December 27, 2017. As part of the Agreement, the Company increased the principal by $50,111.38 and waived a $163,151 default penalty. The new principal of the Note is $275,668.27.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Exhibit
10.1 Form of Forbearance Agreement
About Sport Endurance, Inc. (OTCMKTS:SENZ)
Sport Endurance, Inc. focuses on marketing and distributing dietary supplements throughout the United States. The Company is marketing for sale the products in the areas of Total Wellness, Performance and Recovery. The Company’s products include Ultra Peak T, Sports Leg & Lung Formula, and Pain-Freeze Recovery Gel. The Company is focused on direct marketing efforts through online and direct mail channels.
Sport Endurance, Inc. focuses on marketing and distributing dietary supplements throughout the United States. The Company is marketing for sale the products in the areas of Total Wellness, Performance and Recovery. The Company’s products include Ultra Peak T, Sports Leg & Lung Formula, and Pain-Freeze Recovery Gel. The Company is focused on direct marketing efforts through online and direct mail channels.