C&H Financial Services, Inc acquired Residual Contract Revenue Asset of Spindle, Inc. (OTCPK:SPDL) for $0.7 million on June 4, 2015. Under the terms of the agreement, C&H Financial agreed to pay $0.68 million on closing and $0.07 million as earn-out conditional on the net revenues generated from the assets. C&H Financial elected to pay in multiple installments and as of June 4, 2015, Spindle received $0.42 million of the purchase price.

C&H Financial Services, Inc completed the acquisition of Residual Contract Revenue Asset of Spindle, Inc. (OTCPK:SPDL) on June 4, 2015.