Health Advance Inc. (OTCPK:HADV) announced that it has entered into an equity financing agreement for private placement of common shares for gross proceeds of up to $7,000,000 with new investor GHS Investments, LLC on February 27, 2017. The company can raise funding over the next 24 months following the effective date of its registration statement. The company expects to file its S1 document with the Securities and Exchange Commission within the next 30 days. The company has the right to deliver from time to time a put notice to the investor stating the dollar amount of put shares that it intends to sell at 80% of the market price per share according to the terms of the agreement.