iMine subsidiary lends $672,960 to Fix Pads, assigns half to third party

My City Builders, Inc.

RAC, iMine unit, issued $672,960 promissory note to Fix Pads Holdings at 12% interest, secured by seven properties.
Consideration paid by RAC ($328,625.72) and third-party investor Frank Campanaro ($328,625.73) funded the note.
On July 26, RAC assigned to Campanaro rights to $336,480 principal and half of interest payments.
Net result: iMine disposed $328,625.73 cash and acquired $334,480 in secured note receivable.

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