Business
InItio Inc. Announces Sale
InItio Inc. Announces Sale.
About this update from Initio, Inc.
[{"type":"text","content":"Initio inc. (into) announced today that its subsidiary, Initio ConsultingCorp.has completed the sale of its real property consisting of a building and approximately 7.19 acres of land located in Carson City, Nevada for $1,825.000. In connection with the sale, Initio received a purchase money 5 year mortgage with interest payable at 7.5%, the existing first mortgage in the approximately $408,000 was discharged and the balance of approximately $460,000 will be added to working capital.","length":488,"tagName":"div"}]