InvestorsHub Logo
Followers 3
Posts 243
Boards Moderated 0
Alias Born 05/21/2013

Re: BeerIsGood post# 5021

Monday, 06/02/2014 4:28:06 PM

Monday, June 02, 2014 4:28:06 PM

Post# of 16015
Na i think you got it wrong.

he agreement also calls for Cenco to provide two one year 8% loans to the Company with stock conversion rights. The first loan will be $50,000 (fifty thousand) due when the agreement is signed and the second loan in the amount of $40,000 (forty thousand) is due on June 2, 2014.



Looks like the $90,000 loan is seperate from them puting up the money to build the first plant. Theres no way a plant cost 90,000 and ive heard it cost 3million.

If they put up the 3million and take 70% just so we can prove this works its game time