An undisclosed buyer acquired Schuylkill Open MRI, Inc. from Medical Imaging Corp. (OTCPK:MEDD) for $2.3 million in September 2018. The net proceeds from the transaction were used to pay all of the debts of Schuylkill Open MRI, Inc. From the proceeds, Medical Imaging repaid the $0.5 secured promissory note, paid $0.125 in outstanding interest and $0.035 off the royalty investment. An undisclosed buyer completed the acquisition of Schuylkill Open MRI, Inc. from Medical Imaging Corp. (OTCPK:MEDD) in September 2018.