iMine Corp subsidiary lends $358,620 to Fix Pads Holdings at 12% interest, partially assigns note

My City Builders, Inc.

RAC, wholly owned subsidiary of iMine, received a promissory note from Fix Pads Holdings for $358,620 at 12% interest, due August 1, 2023.
Note is secured by mortgages on four properties in Arkansas, Indiana, and Iowa.
RAC partially assigned to investor Frank Campanaro the right to $179,310 in principal and half of interest payments.
Net effect: iMine disposed $175,006.56 cash and acquired $179,310 in secured note receivable.

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