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UNITED AMERICAN HEALTHCARE CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits

August 19, 2014

Item 1.01 Entry into a Material Definitive Agreement.

On August 15, 2014, Tonaquint, Inc., a Utah corporation (the "Buyer"), entered into a Non-Recourse Loan Sale Agreement with Fifth Third Bank, an Ohio banking corporation, as successor by merger to Fifth Third Bank, a Michigan banking corporation (the "Seller"). The Buyer is an affiliate of John Fife, CEO, President, and Chairman of the Board of Directors of United American Healthcare Corporation. The Non-Recourse Loan Sale Agreement is attached and incorporated hereto. Pursuant to the terms of the Non-Recourse Loan Sale Agreement, the Buyer purchased the debt that the Registrant owes to the Seller for approximately $753,000.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits. Exhibit No. Description 10.1 Non-Recourse Loan Sale Agreement, dated August 15, 2014


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Source: Edgar Glimpses

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