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Re: TheLionAndTheLamb post# 14837

Friday, 10/27/2017 10:56:42 PM

Friday, October 27, 2017 10:56:42 PM

Post# of 31658
He will need almost a $2,000,000 loan.
$850,000 for the debt on the new acquisition.
Under the terms of the agreement Elite will assume a bank note of $850,000 and other specifically identified expenses.

And $804,410 for the NET Convertible promissory notes that the company has outstanding now as per the latest 10Q.
Convertible promissory note payable net as of June,30,2017 $804,110

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