AVIDUS MANAGEMENT GROUP INC. ("AVD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 21, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation in connection with an Asset Purchase Agreement dated July 15, 2014 whereby Avidus Management Group Inc. (the 'Company') will acquire the assets of Truestar Health Inc. (the 'Vendor')and Truestar Health (US) Holding Inc. Consideration is $6,000,000 plus Inventory payments. The purchase price will be paid as follows:
1. $500,000 at Closing.
2. Monthly payments of the Vendor's manufacturing cost of all Discounted Inventory.
3. $5,500,000 through a royalty structure.
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