GREY:SMDWF - Post by User
Comment by
BigFatUgly1on Apr 28, 2016 9:35am
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Post# 24819536
RE:RE:RE:RE:Euro Pacific (or Echelon Wealth Partners) still around
RE:RE:RE:RE:Euro Pacific (or Echelon Wealth Partners) still aroundDefaulter wrote:
What is the 'rest of the financing'?
Open to accredited investors • Up to 200 units - $5,000/unit • Maximum 3 year term • 10,000 warrants/unit • Exercisable @ $0.05 to 3 years • Forced conversion @ $0.20 • Quarterly distribution - $150/unit 7 Immediate Financing Requirement • Minimum six quarterly distributions even if debenture is paid out in under 18 months • As of Jan/2017, 3% of quarterly cash revenues received are paid to debenture holders and applied against final principal payout • Quarterly distribution of $150/unit remains constant until entire principal repayment