SA News • Jun. 27, 2013
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Jun. 27, 2013, 10:14 AMEcho Automotive (ECAU.OB) says it is set to receive $200K in financing via a five-year note yielding 8% that also grants the note holder "conversion features and warrant rights." The funding "comes on the heels of [a] recently completed mezzanine funding of $3M and further strengthens ECAU's working capital position," company President Jason Plotke notes. (PR) | Comment!
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