Attached files
| file | filename |
|---|---|
| S-1/A - Supportingsmallbusiness, Inc. | s1a.htm |
| EX-23.1 - Supportingsmallbusiness, Inc. | ex23oh1.htm |
| EX-4.1 - Supportingsmallbusiness, Inc. | escrowagreement.htm |
| EX-4.2 - Supportingsmallbusiness, Inc. | subscriptionagreementy.htm |
WRITTEN DESCRIPTION OF ORAL AGREEMENT WITH MR. SPARSIS
Mr. Sparsis, one of our officers and directors, has verbally agreed to advance sufficient funds to the Company on an as-needed basis, to assist in start-up operations, including expenses associated with the Company's registration statement on Form S-1 and the Prospectus contained therein, and to continue operations if funds are required.
Mr. Sparsis does not have any obligation to provide Loans to the Company and may do so only if he wishes.
As of September 30, 2015, Mr. Sparsis has loaned the Company a total of $4,352. These loans bear no interest and have no maturity date.
Because there are no agreed upon terms for the repayment of any funds loaned to the Company, the loans, when and if, made should be considered payable on demand.