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. | |
---|---|---|
+15.41% | 3.42B | |
-95.58% | 1.61B | |
-2.18% | 1.58B | |
-0.27% | 1.28B | |
-6.01% | 1.26B | |
-11.30% | 1.23B | |
-.--% | 1.23B | |
+4.39% | 1.22B | |
0.00% | 1.21B |