March 23, 2018
EastGate Biotech Announces that it has reached a Definitive Settlement Agreement with Northbridge Financial Inc..
The Share Reserve with Transfer Agent has been cancelled and all remaining shares have been returned to EastGate Biotech.
WEST CALDWELL, NJ and TORONTO, March 22, 2018 (AccessNewswire-) EastGate Biotech Corp. (PinkSheets: ETBI), a pharmaceutical company that focuses on innovative technological developments specifically in insulin drug delivery for the treatment of type 2 diabetes, announced today that it has reached a definitive settlement agreement with Northbridge Financial. Last year EastGate entered into a series of 3(a)(10) exemptions with Northbridge Financial detailed in 2 Form 8-K filings. Northbridge Financial released all remaining debt from the Settlement Agreement dated May 9, 2017 between Northbridge Financial Inc. and EastGate Biotech Corp.. As a result NorthBridge Financial has released all remaining shares in the reserve with the EastGate’s Transfer Agent back to the company.