Replies to post #18935 on MedClean Technologies, Inc.(fka MCLN)

[hotdog1012]

News out - new investor financing $15 million over 3 years:

On May 17, 2010, we entered into a Private Equity Credit Agreement (the “Equity Credit Agreement”) with Southridge Partners II, LP (the “Investor”), a limited partnership organized and existing under the laws of the State of Delaware.


Pursuant to this Equity Credit Agreement, the Investor shall commit to purchase upon to Fifteen Million Dollars ($15,000,000) of our common stock over the course of thirty six (36) months

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6971204