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Re: primecomm post# 12098

Friday, 06/22/2012 1:46:22 PM

Friday, June 22, 2012 1:46:22 PM

Post# of 38547
1st Funds Expected June 26th, 90 days from March 26th $$$$

Quote:
ATLANTA, March 26, 2012 /PRNewswire via COMTEX/ -- iBrands Corp. IBRC is pleased to announce it has received a Conditional Commitment Letter from an undisclosed investment group intending to provide the company with $10 million USD. This funding is for the completion of the company's acquisitions, software enhances for iMenu24/7 and working capital. According to the company, all of the terms and fees of the financing have been agreed upon. The company expects to receive the first tranche of funding in the next 90-days.


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