Item 1.02 Termination of a Material Definitive Agreement
On February 27, 2020, the Company entered into a termination agreement and
mutual release with Dr. Albert Maarek, Irina Maarek, Rudy Maarek and Richard
Clement, the owners of all of the equity interest in LD Technology, LLC and
Medical Screening, Inc., pursuant to which the parties agreed to a termination
of the stock purchase agreement dated August 22, 2019, pursuant to which the
Company was to acquire all of the equity interest in these two companies, and to
a release of their respective obligations under the stock purchase agreement.
The termination agreement and mutual release did not affect the Company's
distribution agreement with LD Technology, LLC, which remains in effect.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Termination agreement and mutual release dated February 27, 2020,
between the Company and Dr. Albert Maarek, Irina Maarek, Rudy Maarek
and Richard Clement.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: March 3, 2020 PreCheck Health Services, Inc.
By: /s/ Justin E. Anderson
Justin E. Anderson
Chief Executive Officer
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