News and 8-K
(OTCQB: SEGN), (the "Company"), announced today that it qualified for disaster aid due to the pandemic and has received funding in the form of two ("2") transactions today, a One Hundred and Fifty Thousand ($150,000.00) long-term loan with the U.S. Small Business Loan Association for relief due to the pandemic, and a One Hundred and Twelve ($112,0000.00) funding with Adar Alef, LLC ("Holder"), a New York limited liability company; the terms and conditions of which are set forth in the Company's July 27, 2020 Form 8-K.
This funding gives the Company the ability to assist with its planned acquisition model and should facilitate expansion capacity for Utility Management Corp ("UMC") and its subsidiaries, and future Personal Protective Equipment (PPE) market opportunities.
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