IUFCIndiana Urban Forest Council
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IUFC will remain the SEC reporting company and will retain ownership of InterUnion Merchant Group Inc.
Specific terms were not disclosed but the C$10 million investment gave Working Ventures a 56% interest in IUAM with IUFC retaining 44% and the chairmanship of the Board of Directors.
To date, Receptagen, has either received or filed over 30 international patents and all intellectual obligations are current as patent payments are being made, on a regular basis, by InterUnion Financial Corporation (OTCBB:"IUFC") under a loan agreement which has granted IUFC a general security over the assets of the Company.
17, 1997-- Interunion Financial(OTC Bulletin Board IUFC ) Receptagen Ltd.