iBrands Corp. (IBRC)

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On March 16, 2012, the company entered into a Conditional Commitment Letter to fund iBrands. The
total funding amount is $10 million. The Conditional Commitment Letter requires the company to
complete a comprehensive due diligence process that is acceptable to the funder. iBrands received an
initial request for documents on March 28, 2012. There are no guarantees this funding will close.[/