EXHIBIT 6:
ACQUISITION AGREEMENT
FOR ASSETS OF
MEDCARE CORPORATION
XXXXXX X. XXXXX
5131 Highgate Street
Vancouver, B.C., VSR 3G9
August 7. 1995
MEDCARE TECHNOLOGIES. INC.
Xxxxx 0000 - 000 Xxxxxxx Xxxxxx
Xxxxxxxxx, X.X.. X0X 0X0
Dear Sirs:
RE: ACQUISITION OF THE MEDCARE UI RIGHTS FOR 2.000.000 RESTRICTED SHARES
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This letter will confirm the sale of the above referenced world wide rights of
the MedCare Urinary Incontinence system to MedCare Technologies, Inc, for
2,000,000 restricted shares of MedCare Technologies, Inc.
Sincerely,
Xxxxxx X. Xxxxx
E-123
MINUTES OF DIRECTORS MEETING
OF
MULTI SPECTRUM GROUP, INC.
A meeting of the Board of Directors of Multi Spectrum Group, In. was held
on the 14th day of August, 1995 at 1:00 p.m. at the offices of the Company
located at 0000 X. 0000 X., Xxxxx 0000, Xxxx Xxxx Xxxx, Xxxx 00000.
There were present and participating at the meeting, either in person or
telephonically, Xxxx Xxxxx, Xxxxx Xxxxx, Xxxxxx X. Radat, Xxxxxxx Xxxx, York
Xxxxxxxx, Xxxx Xxxxxxxx and Xxxxx Xxxxxxxx. Xxxx Xxxxx acted as Chairman.
The minutes of the last meeting were read and approved.
The first item of business brought before the Board was a discussion
concerning the acquisition of MedCare Technologies, Inc. After a long and
thorough discussion it was agreed that the Company acquire the business of the
MedCare UI System and issue 2,000,000 shares of its unissued common shares of
stock for the acquisition of MedCare Technologies, Inc. It was agreed that
1,750,000 shares be issued to Xxxx Xxxxx and 250,000 shares issued to Harmal
Rayat. Upon motion duly made, seconded and unanimously carried with all in
favor, it was;
RESOLVED, the Company issue 2,200,000 shares of its unissued stock
to acquire the business of MedCare UI System as presented by MedCare
Technologies, Inc.
FURTHER RESOLVED, that 1,750,000 shares be issued in the name of
Xxxx Xxxxx and 250,000 shares be to Harmel Rayat.
The second item of business to be discussed was concerning the
resignations of York Xxxxxxxx, Xxxx Xxxxxxxx and Xxxxx Xxxxxxxx. After a
short discussion it was agreed that the resignations of York Xxxxxxxx and
Xxxxx Xxxxxxxx be accepted and that said resignations be effective immediately.
Upon motoin duly made, seconded and unanimously carried; it was,
RESOLVED, that the resignations of York Xxxxxxxx, Xxxx Xxxxxxxx and Xxxxx
Xxxxxxxx be accepted.
FURHTER RESOLVED, that the said resignations be to effective as of this
date.
There being no further business, and upon motion duly made and seconded
the meeting was adjourned.
/s/ XXXX XXXXX /s/ XXXXX XXXXX
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Xxxx Xxxxx, President, Director Xxxxx Xxxxx, Secretary
/s XXXXXX X. XXXXX /s/ XXXXXXX XXXX
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Xxxxxx X. Xxxxx, VP Director Xxxxxxx Xxxx, Treasurer, Director
/s/ YORK XXXXXXXX /s/ XXXXX XXXXXXXX
------------------ ------------------
York Xxxxxxxx Xxxxx Xxxxxxxx
/s/ XXXX XXXXXXXX
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Xxxx Xxxxxxxx
E-124
