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Re: matt24d post# 281350

Monday, 10/28/2013 9:45:35 PM

Monday, October 28, 2013 9:45:35 PM

Post# of 719826
ROX, I agree matt. Here is from the 8K.
On October 21, 2013, Castle Brands Inc., a Florida corporation (the "Company"), entered into a 5% Convertible Subordinated Note Purchase Agreement (the "Note Purchase Agreement"), by and among the Company and the lending parties set forth on the signature pages attached thereto (the "Purchasers"), which provides for the issuance of an aggregate initial principal amount of $2,125,000 unsecured subordinated notes (the "Convertible Notes") by the Company. The Company intends to use a portion of the proceeds to finance the acquisition of additional bourbon inventory in support of the growth of its Jefferson's bourbon brand.

Also, the affiliate of Dr. Frost is Mark E. Andrews III and while I knew he was Chairman I wasn't aware of this.
http://mastcp.com/who-we-are/

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