InvestorsHub Logo

funnyG986

11/16/18 12:14 PM

#10236 RE: funnyG986 #10226

ETAH heating up. ex-date next Tuesday for 1-3.5 FS; $25M Long term loan secured and stem cell facility construction about to finish by end of 2018

Long-term loan from 10Q (not convertible note)

On March 26, 2018, the Company entered into a Credit Loan Agreement with Shenzhen Dongyang, as lender, the Company as guarantor and Guizhou Tongren as borrower, pursuant to which the Company agreed to guaranty payment of the indebtedness under a loan facility providing Guizhou Tongren with advances for up to $25 million. Advances under the loan facility bear interest at the rate of 10% per annum.

ETAH from news 09/17/2018 NEW YORK, Sept. 17, 2018 /PRNewswire/ -- Eternity Healthcare Inc. ("Eternity" or the "Company") (OTC: ETAH) today announced that it expects to complete the construction and outfitting of its stem cell facility in Guizhou, Tongren, China, by the end of calendar year 2018.