February 6, 2018
VIA Email: jwketner@galenfeha.com |
GALENFEHA, INC. |
420 Throckmorton Street - Suite 200 |
Fort Worth, TX 76102 |
ATTN: James Ketner, President and CEO |
RE: | Account Number(s): CPG-1260 |
Mr. Ketner:
This letter serves as confirmation that PowerUp Lending Group, Ltd. (“PowerUp”) has agreed to settle the outstanding convertible promissory note of GALENFEHA, INC. in favor of PowerUp dated July 7, 2017 (the “Note”) for $40,000.00 (the “Settlement Amount”); provided that the funds are received on or prior to Thursday, February 8, 2018 by 4pm (EST)(the “Deadline”) via wire transfer. The foregoing amount does not include default interest, default amount and fees which will be waived provided that the Settlement Amount is received by PowerUp by the Deadline.
Wire (or ACH) instructions are as follows:
Please include legal name or DBA in memo section identifying the merchant.
Bank Name: | Signature Bank |
Bank Address: | 26 Court Street, Brooklyn, NY |
Routing Number: | |
XXXXXXX | |
XX Beneficiary Account Number: | |
XXXXXXX | |
XXX | |
Beneficiary: | PowerUp Lending Group, Ltd. |
Mailing Address: | 111 Great Neck Road, Suite 216, Great Neck, NY 11021 |
Please contact me at 516-498-9890 with any questions or further information regarding your account and with the details of the wire transfer. Thanks.
POWER UP LENDING GROUP, LTD. |
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