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gew59

07/16/12 2:44 PM

#15432 RE: cwinter82 #15431

Good find! Notice the mention of Qeteras. They are also responsible for the funding of agrt projects. From the agrt news release:


AGR Tools Inc's (or "AGR" or the "Company") (OTCQB:AGRT)(OTCBB:AGRT) wholly owned subsidiary, AGR Energy Holdings Inc (or "AGR Energy"), is pleased to announce the signing of a binding financing agreement with Qeteras Ltd, a large UK based Institutional Investor.
Under the terms of the agreement Qeteras will lend up to USD $20MM to AGR Energy for up to 30 years bearing a 10% interest rate per annum. The credit facility is subject to several other fees and covenants which will be disclosed in SEC filings as soon as they become publically available.