| 2025 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $820.00K | “The provision requiring the total sum of royalties to reach a minimum of $820,000, with any shortfall to be paid by Purchaser, was removed from the Agreement.” |
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| 2025 | Saagar Govil | self | $761.59K | “The Company has negotiated a payment agreement regarding past receivables and other liabilities due to Cemtrex, Inc. totaling $761,585.” |
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| 2025 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $280.55K | “Based on the new payment terms, management determined that it was appropriate to remove the previously recognized royalty receivable of $280,545 from the financial statements as of December 31, 2024.” |
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| 2025 | Saagar Govil | self | $200.00K | “On May 5, 2025, Saagar Govil, CEO, made a short-term loan to the Company of $200,000 for certain operating needs.” |
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| 2025 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $20.00K | “● First Year (January 2025) Monthly Payment: $10,000 ● Second Year (January 2026) Monthly Payment: $20,000 ● Balloon Payment at the end of the Second Year (December 31, 2026):” |
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| 2025 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $10.00K | “● First Year (January 2025) Monthly Payment: $10,000 ● Second Year (January 2026) Monthly Payment: $20,000 ● Balloon Payment at the end of the Second Year (December 31, 2026):” |
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| 2024 | Saagar Govil | self | $7.10M | “As part of the Settlement Agreement, Mr. Govil was required to pay the Company consideration with a total value of $7,100,000 (the “Settlement Amount”) by entering into the Agreement.” |
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| 2024 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $761.59K | “As of September 30, 2023, there were $637,208 of receivables due from Ducon Technologies, Inc. The Company has negotiated a payment agreement regarding past receivables and other liabilities due to Cemtrex, Inc. totaling $761,585.” |
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| 2024 | CXR, Inc. | related entity, of Saagar Govil | $685.79K | “As of September 30, 2024, there was $685,788 in trade receivables due from CXR, Inc. Of these receivables $60,628 are related to costs paid by Cemtrex related to payroll during the transition of employees to the new company and some subscription services that are set up on auto pay with a credit card. $215,408 is related to the current amount of royalties due and the remaining $409,752 is related to services provided by Cemtrex Technologies Pvt.” |
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| 2024 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $637.21K | “As of September 30, 2023, there were $637,208 of receivables due from Ducon Technologies, Inc. The Company has negotiated a payment agreement regarding past receivables and other liabilities due to Cemtrex, Inc. totaling $761,585.” |
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| 2024 | CXR, Inc. | related entity, of Saagar Govil | $409.75K | “As of September 30, 2024, there was $685,788 in trade receivables due from CXR, Inc. Of these receivables $60,628 are related to costs paid by Cemtrex related to payroll during the transition of employees to the new company and some subscription services that are set up on auto pay with a credit card. $215,408 is related to the current amount of royalties due and the remaining $409,752 is related to services provided by Cemtrex Technologies Pvt.” |
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| 2024 | CXR, Inc. | related entity, of Saagar Govil | $215.41K | “As of September 30, 2024, there was $685,788 in trade receivables due from CXR, Inc. Of these receivables $60,628 are related to costs paid by Cemtrex related to payroll during the transition of employees to the new company and some subscription services that are set up on auto pay with a credit card. $215,408 is related to the current amount of royalties due and the remaining $409,752 is related to services provided by Cemtrex Technologies Pvt.” |
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| 2024 | CXR, Inc. | related entity, of Saagar Govil | $76.00K | “Additionally, the Company received $76,000 in royalty payments.” |
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| 2024 | CXR, Inc. | related entity, of Saagar Govil | $60.63K | “As of September 30, 2024, there was $685,788 in trade receivables due from CXR, Inc. Of these receivables $60,628 are related to costs paid by Cemtrex related to payroll during the transition of employees to the new company and some subscription services that are set up on auto pay with a credit card. $215,408 is related to the current amount of royalties due and the remaining $409,752 is related to services provided by Cemtrex Technologies Pvt.” |
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| 2024 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $3.81K | “As of September 30, 2024, and September 30, 2023, there was $0 and $3,806, respectively, payable due to Ducon Technologies, Inc., which is controlled by Aron Govil, the Company’s Founder and Former Director and CFO.” |
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| 2024 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $0.00 | “As of September 30, 2024, and September 30, 2023, there was $0 and $3,806, respectively, payable due to Ducon Technologies, Inc., which is controlled by Aron Govil, the Company’s Founder and Former Director and CFO.” |
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| 2023 | Saagar Govil | self | $7.10M | “As part of the Settlement Agreement, Mr. Govil was required to pay the Company consideration with a total value of $7,100,000 (the “Settlement Amount”) by entering into the Agreement.” |
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| 2023 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $761.59K | “As of September 30, 2023, there were $638,410 of receivables due from Ducon Technologies, Inc. The Company has negotiated a payment agreement regarding past receivables and other liabilities due to the Company totaling $761,585.” |
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| 2023 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $638.41K | “As of September 30, 2023, there were $638,410 of receivables due from Ducon Technologies, Inc. The Company has negotiated a payment agreement regarding past receivables and other liabilities due to the Company totaling $761,585.” |
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| 2023 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $528.72K | “As of September 30, 2023, there was $528,717 in trade receivables due from these companies and $64,703 in accounts payables.” |
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| 2023 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $132.10K | “Of these receivables $132,102 are related to costs paid by the Company related to payroll during the transition of employees to the new company and some subscription services that are set up on auto pay with a credit card.” |
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| 2023 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $64.70K | “As of September 30, 2023, there was $528,717 in trade receivables due from these companies and $64,703 in accounts payables.” |
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| 2023 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $19.13K | “As of September 30, 2023, and September 30, 2022, there was $3,806 and $19,133, respectively, payable due to Ducon Technologies, Inc., which is controlled by Aron Govil, the Company’s Founder and Former Director and CFO.” |
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| 2023 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $3.81K | “As of September 30, 2023, and September 30, 2022, there was $3,806 and $19,133, respectively, payable due to Ducon Technologies, Inc., which is controlled by Aron Govil, the Company’s Founder and Former Director and CFO.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $1.60M | “○ $10,000 in cash payable at Closing; and ○ 5% royalty of all revenues on the Business to be paid 90 days after the end of each calendar year for the next 5 years; and ○ $1,600,000 in SAFE (common equity) at any subsequent fundraising or exit above $5M with a $10M cap.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $820.00K | “■ $75,000 in cash payable at Closing; and ■ 5% royalty of all revenues on the Business to be paid 90 days after the end of each calendar year for the next three years; and should the total sum of royalties due be less than $820,000 at the end of the three-year period, Purchaser shall be obligated to pay the difference between $820,000 and the royalties paid.” |
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| 2022 | Griffin Filters, LLC | related entity, of Saagar Govil | $761.59K | “On July 31, 2022, the Company negotiated a payment agreement surrounding the sale of Griffin Filters, LLC and other liabilities due to Cemtrex, Inc. totaling $761,585.” |
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| 2022 | Griffin Filters, LLC | related entity, of Saagar Govil | $550.00K | “On August 31, 2019, the Company entered into an Asset Purchase Agreement for the sale of Griffin Filters, LLC to Ducon Technologies, Inc., which Aron Govil, the Company’s Founder and former CFO, for total consideration of $550,000.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $75.00K | “■ $75,000 in cash payable at Closing; and ■ 5% royalty of all revenues on the Business to be paid 90 days after the end of each calendar year for the next three years; and should the total sum of royalties due be less than $820,000 at the end of the three-year period, Purchaser shall be obligated to pay the difference between $820,000 and the royalties paid.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $19.13K | “As of September 30, 2022, and September 30, 2021, there was $19,133 and $17,058 payable due to Ducon Technologies, Inc., respectively.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $17.06K | “As of September 30, 2022, and September 30, 2021, there was $19,133 and $17,058 payable due to Ducon Technologies, Inc., respectively.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $10.00K | “○ $10,000 in cash payable at Closing; and ○ 5% royalty of all revenues on the Business to be paid 90 days after the end of each calendar year for the next 5 years; and ○ $1,600,000 in SAFE (common equity) at any subsequent fundraising or exit above $5M with a $10M cap.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $10.00 | “○ $10,000 in cash payable at Closing; and ○ 5% royalty of all revenues on the Business to be paid 90 days after the end of each calendar year for the next 5 years; and ○ $1,600,000 in SAFE (common equity) at any subsequent fundraising or exit above $5M with a $10M cap.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $5.00 | “○ $10,000 in cash payable at Closing; and ○ 5% royalty of all revenues on the Business to be paid 90 days after the end of each calendar year for the next 5 years; and ○ $1,600,000 in SAFE (common equity) at any subsequent fundraising or exit above $5M with a $10M cap.” |
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| 2022 | Ducon Technologies, Inc. | related entity, of Saagar Govil | less than $820,000 | “■ $75,000 in cash payable at Closing; and ■ 5% royalty of all revenues on the Business to be paid 90 days after the end of each calendar year for the next three years; and should the total sum of royalties due be less than $820,000 at the end of the three-year period, Purchaser shall be obligated to pay the difference between $820,000 and the royalties paid.” |
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| 2021 | Saagar Govil | self | $7.10M | “As part of the Settlement Agreement, Mr. Govil was required to pay the Company consideration with a total value of $7,100,000 (the “Settlement Amount”) by entering into the Agreement.” |
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| 2021 | Griffin Filters, LLC | related entity, of Saagar Govil | $550.00K | “On August 31, 2019, the Company entered into an Asset Purchase Agreement for the sale of Griffin Filters, LLC to Ducon Technologies, Inc., which Aron Govil, the Company’s Founder and former CFO, its President, for total consideration of $550,000.” |
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| 2021 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $550.00K | “On August 31, 2019, the Company entered into an Asset Purchase Agreement for the sale of Griffin Filters, LLC to Ducon Technologies, Inc., which Aron Govil, the Company’s CFO, is President, for total consideration of $550,000.” |
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| 2020 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $550.00K | “On August 31, 2019, the Company entered into an Asset Purchase Agreement for the sale of Griffin Filters, LLC to Ducon Technologies, Inc., which Aron Govil, the Company’s CFO, is President, for total consideration of $550,000.” |
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| 2020 | Telidyne Inc. | related entity, of Saagar Govil | $500.00K | “On May 1, 2020, Company invested $500,000 in a registered S-1 stock offering of Telidyne Inc., an OTC listed company, by purchasing 166,667 shares of common stock at $3.00 per share.” |
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| 2020 | Telidyne Inc. | related entity, of Saagar Govil | $3.00 | “On May 1, 2020, Company invested $500,000 in a registered S-1 stock offering of Telidyne Inc., an OTC listed company, by purchasing 166,667 shares of common stock at $3.00 per share.” |
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| 2020 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $550.00K | “On August 31, 2019, the Company entered into an Asset Purchase Agreement for the sale of Griffin Filters, LLC to Ducon Technologies, Inc., which Aron Govil, then, the Company’s CFO, is President, for total consideration of $550,000.” |
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| 2019 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $550.00K | “On August 31, 2019, the Company entered into an Asset Purchase Agreement for the sale of Griffin Filters, LLC to Ducon Technologies, Inc., which Aron Govil, the Company’s CFO, is President, for total consideration of $550,000.” |
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| 2018 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $3.34M | “On February 9, 2017, the outstanding principal and accrued interest owed on notes payable to Ducon Technologies, Inc., of $3,339,833 were exchanged for 333,983 shares of the Company’s Series 1 preferred stock and 667,967 Series 1 warrants.” |
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| 2018 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $356.06K | “Pursuant to an informal agreement, $356,055 of fees were billed to Vicon during the year ended September 30, 2018 in connection with the transition of software development activities.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $49.52K | “For the fiscal year ended September 30, 2018, the company incurred fees for tax services of $49,525, provided by Wiss and Company, $2,350, provided by Stambaugh Ness P.C., and $5,114, provided by Dhmp GmbH & Co.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $31.45K | “The Company’s subsidiary Advanced Industrial Systems was audited by Stambaugh Ness P.C., as per loan covenants of Fulton Bank for fiscal years 2018 and 2017 and the Company incurred audit fees of $31,450 and $27,500, respectively.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $30.25K | “The Company’s subsidiary ROB Cemtrex GmbH was audited by Dhmp GmbH & Co as per loan covenants of Sparkasse Bank for fiscal years 2018 and 2017 and company incurred audit fees of $13,834 and $30,250, respectively.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $28.00K | “2017 2018 Audit Fees $ 25,000 $ 28,000 Audit-Related Fees - - Tax Fees - - Other Fees - - Totals $ 25,000 $ 28,000” |
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| 2018 | Ducon Technologies, Inc. | related entity | $28.00K | “2017 2018 Audit Fees $ 25,000 $ 28,000 Audit-Related Fees - - Tax Fees - - Other Fees - - Totals $ 25,000 $ 28,000” |
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| 2018 | Ducon Technologies, Inc. | related entity | $27.50K | “The Company’s subsidiary Advanced Industrial Systems was audited by Stambaugh Ness P.C., as per loan covenants of Fulton Bank for fiscal years 2018 and 2017 and the Company incurred audit fees of $31,450 and $27,500, respectively.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $25.00K | “2017 2018 Audit Fees $ 25,000 $ 28,000 Audit-Related Fees - - Tax Fees - - Other Fees - - Totals $ 25,000 $ 28,000” |
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| 2018 | Ducon Technologies, Inc. | related entity | $25.00K | “2017 2018 Audit Fees $ 25,000 $ 28,000 Audit-Related Fees - - Tax Fees - - Other Fees - - Totals $ 25,000 $ 28,000” |
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| 2018 | Ducon Technologies, Inc. | related entity | $14.90K | “During fiscal year 2018, the Company incurred fees related to the quarterly review of its financial statements by its independent auditor at the time of those reviews, Bharat Parikh billed the Company $11,850, and Green & Company billed the Company $14,900.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $13.83K | “The Company’s subsidiary ROB Cemtrex GmbH was audited by Dhmp GmbH & Co as per loan covenants of Sparkasse Bank for fiscal years 2018 and 2017 and company incurred audit fees of $13,834 and $30,250, respectively.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $11.85K | “During fiscal year 2018, the Company incurred fees related to the quarterly review of its financial statements by its independent auditor at the time of those reviews, Bharat Parikh billed the Company $11,850, and Green & Company billed the Company $14,900.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $5.11K | “For the fiscal year ended September 30, 2018, the company incurred fees for tax services of $49,525, provided by Wiss and Company, $2,350, provided by Stambaugh Ness P.C., and $5,114, provided by Dhmp GmbH & Co.” |
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| 2018 | Ducon Technologies, Inc. | related entity | $2.35K | “For the fiscal year ended September 30, 2018, the company incurred fees for tax services of $49,525, provided by Wiss and Company, $2,350, provided by Stambaugh Ness P.C., and $5,114, provided by Dhmp GmbH & Co.” |
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| 2017 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $3.60M | “The Company had notes payable to Ducon Technologies Inc., totaling $0 and $3,599,307 at September 30, 2017 and September 30, 2016, respectively.” |
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| 2017 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $3.34M | “On February 9, 2017, the outstanding principal and accrued interest owed on the notes payable of $3,339,833 were exchanged for 333,983 shares of the Company’s series 1 preferred stock and 667,967 series 1 warrants.” |
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| 2017 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $0.00 | “The Company had notes payable to Ducon Technologies Inc., totaling $0 and $3,599,307 at September 30, 2017 and September 30, 2016, respectively.” |
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| 2016 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $3.41M | “The Company has Notes payable to Ducon Technologies Inc. totaling $3,413,840 and $119,055 at September 30, 2016 and September 30, 2015, respectively.” |
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| 2016 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $119.06K | “The Company has Notes payable to Ducon Technologies Inc. totaling $3,413,840 and $119,055 at September 30, 2016 and September 30, 2015, respectively.” |
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| 2015 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $1.87M | “The Company has Notes payable to Ducon Technologies Inc., totaling $119,055 and $1,869,791 at September 30, 2015 and September 30, 2014, respectively.” |
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| 2015 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $119.06K | “The Company has Notes payable to Ducon Technologies Inc., totaling $119,055 and $1,869,791 at September 30, 2015 and September 30, 2014, respectively.” |
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| 2014 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $2.39M | “Notes payable to Ducon technologies Inc., owned by Arun Govil, the Company’s former Chairman of the Board, totaling $2,394,931 and $1,107,484 at September 30, 2014 and September 30, 2013, respectively.” |
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| 2014 | Ducon Technologies, Inc. | related entity, of Saagar Govil | $1.11M | “Notes payable to Ducon technologies Inc., owned by Arun Govil, the Company’s former Chairman of the Board, totaling $2,394,931 and $1,107,484 at September 30, 2014 and September 30, 2013, respectively.” |
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