Attached files
file | filename |
---|---|
S-1/A - FORM S-1 AMENDMENT - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_s1a3.htm |
EX-10.15 - FORFEITURE AGREEMENT - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_ex1015.htm |
EX-10.13 - PENFLOW TECHNOLOGY LOAN AGREEMENT - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_ex1013.htm |
EX-10.16 - CANCELLATION OF AGREEMENT - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_ex1016.htm |
EX-23.1 - CONSENT - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_ex2301.htm |
EX-10.17 - DISTRIBUTION AGREEMENT - PRIME GLOBAL CAPITAL GROUP Inc | hometouch_ex1017.htm |
Exhibit 10.14
As of
March 31, 2008, a balance of $382,702 due to related parties represented
temporary advances pursuant to an oral agreement from a related company,
Technics Group Limited, which is controlled by Mr. David Gunawan Ng and Ms.
Stella Wai Yau. The balance was unsecured, non-interest bearing and repayable on
demand. For the year ended March 31, 2009, the Company received the additional
advances of $66,949 and the balance of $449,651 due to related parties was
waived by the related company subsequently.