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Re: On2_addict post# 191572

Wednesday, 06/01/2016 9:53:10 PM

Wednesday, June 01, 2016 9:53:10 PM

Post# of 290030
They took out this loan to pay off another loan.

"The first Tranche of $3,250,000 closed simultaneously with the execution of the Purchase Agreement (the proceeds of which included repayment of two recently received demand notes in the aggregate amount of $1,250,000)"



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