Monarch America Inc. announced that the company has entered into a $1,500,000 Drawdown Promissory Note Agreement. Under terms of the Agreement, the investor has committed to provide $1,500,000 in new to Monarch America in exchange for promissory bearing an interest rate of 8% and repayable January 15, 2016. Monarch America has already received $150,000 in from the Agreement and expects to drawdown the entire $1,500,000 facility prior to the end of January 2015.
1st Jan change | Capi. | |
---|---|---|
-0.30% | 18.18B | |
+14.01% | 3.37B | |
+19.53% | 1.56B | |
-7.07% | 1.39B | |
-.--% | 1.28B | |
-10.58% | 1.23B | |
0.00% | 1.17B | |
-0.08% | 1.17B | |
+4.93% | 1.14B |