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Alternative Investment Corp – ‘10-K’ for 9/30/19 – ‘EX-10.24’

On:  Tuesday, 1/14/20, at 3:49pm ET   ·   For:  9/30/19   ·   Accession #:  1515971-20-17   ·   File #:  1-34858

Previous ‘10-K’:  ‘10-K’ on 1/15/19 for 9/30/18   ·   Latest ‘10-K’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/14/20  Alternative Investment Corp       10-K        9/30/19   66:2M                                     EDGARSources LLC/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML    275K 
 2: EX-10.11    Material Contract -- exhibit1011                    HTML     19K 
 3: EX-10.12    Material Contract -- exhibit1012                    HTML     19K 
 4: EX-10.13    Material Contract -- exhibit1013                    HTML     19K 
 5: EX-10.14    Material Contract -- exhibit1014                    HTML     19K 
 6: EX-10.15    Material Contract -- exhibit1015                    HTML     19K 
 7: EX-10.16    Material Contract -- exhibit1016                    HTML     19K 
 8: EX-10.17    Material Contract -- exhibit1017                    HTML     20K 
 9: EX-10.18    Material Contract -- exhibit1018                    HTML     20K 
10: EX-10.19    Material Contract -- exhibit1019                    HTML     20K 
11: EX-10.20    Material Contract -- exhibit1020                    HTML     20K 
12: EX-10.21    Material Contract -- exhibit1021                    HTML     20K 
13: EX-10.22    Material Contract -- exhibit1022                    HTML     20K 
14: EX-10.23    Material Contract -- exhibit1023                    HTML     20K 
15: EX-10.24    Material Contract -- exhibit1024                    HTML     20K 
16: EX-10.25    Material Contract -- exhibit1025                    HTML     20K 
17: EX-10.26    Material Contract -- exhibit1026                    HTML     19K 
18: EX-10.27    Material Contract -- exhibit1027                    HTML     19K 
19: EX-10.28    Material Contract -- exhibit1028                    HTML     19K 
20: EX-10.29    Material Contract -- exhibit1029                    HTML     19K 
21: EX-10.30    Material Contract -- exhibit1030                    HTML     19K 
22: EX-31.1     Certification -- §302 - SOA'02 -- exhibit311        HTML     22K 
23: EX-31.2     Certification -- §302 - SOA'02 -- exhibit312        HTML     22K 
24: EX-32.1     Certification -- §906 - SOA'02 -- exhibit321        HTML     19K 
25: EX-32.2     Certification -- §906 - SOA'02 -- exhibit322        HTML     19K 
36: R1          Cover                                               HTML     58K 
57: R2          Balance Sheets                                      HTML     84K 
62: R3          Balance Sheets (Parenthetical)                      HTML     28K 
49: R4          Statements of Operations                            HTML     64K 
35: R5          Statements of Cash Flows                            HTML     94K 
56: R6          Condensed Statements of Stockholders' (Deficit)     HTML     55K 
61: R7          Nature of Business, Presentation and Going Concern  HTML     26K 
48: R8          Summary of Significant Accounting Policies          HTML     26K 
37: R9          Recent Accounting Pronouncements                    HTML     22K 
39: R10         Loan Receivable                                     HTML     23K 
43: R11         Related Parties                                     HTML     27K 
63: R12         Line of Credit - Related Party                      HTML     24K 
50: R13         Notes Payable - Related Party                       HTML     36K 
40: R14         Investment in Commercial Paper                      HTML     25K 
44: R15         Common Stock                                        HTML     23K 
64: R16         Income Taxes                                        HTML     31K 
51: R17         Current Litigation                                  HTML     22K 
38: R18         Subsequent Events                                   HTML     21K 
45: R19         Accounting Policies (Policies)                      HTML     41K 
58: R20         Notes Payable - Related Party (Tables)              HTML     35K 
54: R21         Income Taxes (Tables)                               HTML     24K 
32: R22         Nature of Business, Presentation and Going Concern  HTML     31K 
                (Details Narrative)                                              
46: R23         Summary of Significant Accounting Policies          HTML     20K 
                (Details Narrative)                                              
59: R24         Loan Receivable (Details Narrative)                 HTML     33K 
55: R25         Related Parties (Details Narrative)                 HTML     65K 
33: R26         Line of Credit - Related Party (Details Narrative)  HTML     48K 
47: R27         Notes Payable - Related Party - Schedule of         HTML     58K 
                Related Party Transactions (Details)                             
60: R28         Investment in Commercial Paper (Details Narrative)  HTML     47K 
53: R29         Common Stock (Details Narrative)                    HTML     47K 
52: R30         Income Taxes - Schedule of Deferred Tax Assets and  HTML     26K 
                Liabilities (Details)                                            
66: R31         Income Taxes (Details Narrative)                    HTML     27K 
42: R32         Current Litigation (Details Narrative)              HTML     27K 
65: XML         IDEA XML File -- Filing Summary                      XML     77K 
34: EXCEL       IDEA Workbook of Financial Reports                  XLSX     39K 
26: EX-101.INS  XBRL Instance -- aiko-20190930                       XML    385K 
28: EX-101.CAL  XBRL Calculations -- aiko-20190930_cal               XML     98K 
29: EX-101.DEF  XBRL Definitions -- aiko-20190930_def                XML    166K 
30: EX-101.LAB  XBRL Labels -- aiko-20190930_lab                     XML    497K 
31: EX-101.PRE  XBRL Presentations -- aiko-20190930_pre              XML    365K 
27: EX-101.SCH  XBRL Schema -- aiko-20190930                         XSD     75K 
41: ZIP         XBRL Zipped Folder -- 0001515971-20-000017-xbrl      Zip     53K 


‘EX-10.24’   —   Material Contract — exhibit1024


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  Exhibit 10.24  

Exhibit 10.24

 

 

PROMISSORY NOTE

 

 

 

U.S. $5,300 Date: July 29, 2019

 

 

 

FOR VALUE RECEIVED, Alternative Investment Corporation (“Borrower”) promises to pay to the order of Alternative Strategy Partners Pte Ltd (“Lender”), the sum of U.S. $5,300, at an interest rate of 8% per annum on the unpaid balance. The Maturity Date is twelve (12) months from the Effective Date (the “Maturity Date”) and is the date upon which the Principal Sum of this Note and unpaid interest and fees (the “Note Amount”) shall be due and payable.

 

In the event this Note is not paid on the Maturity Date, the Borrower promises to pay, in addition to the unpaid principal sum, together with all accrued interest, all costs of collection including reasonable attorney’s fees.

 

In addition to any late payment charge which may be due under this Note, once the indebtedness evidenced by this Note is due, the Borrower shall thereafter pay interest on the outstanding principal balance from the Maturity Date, until the date of this Note is paid in full at an interest rate of 18% per annum.

 

The Borrower hereby waives presentment and demand for payment, notice of dishonor, protest and notice of protest of this Note.

 

 

 

 

 

 

     
Alternative Strategy Partners Pte Ltd   Alternative Investment Corporation
Yuhi Horiguchi   Antonio Treminio
Chief Executive Officer & Director   Chief Executive Officer & Director

 

 

 

 

 

 

 

 

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:1/14/20
For Period end:9/30/19NT 10-K
7/29/19
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Filing Submission 0001515971-20-000017   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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