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Hamilcar54

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Hamilcar54

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Friday, 01/15/2016 7:06:20 AM

Friday, January 15, 2016 7:06:20 AM

Post# of 25804
new 8K is out:

On January 12, 2016 Holloman Energy Corporation borrowed $250,000 from Holloman Value Holdings, LLC. This loan is to be consolidated with the current outstanding loan balance to Holloman Value Holdings of $55,000 amounting to $305,000. The consolidated loan bears interest at 5% per year and is due and payable on January 12, 2018. The borrowed funds will be used to fund Holloman Energy’s share of the short term joint venture cost obligations for PEL 112 and PEL 444 and overhead costs.
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