RTF Realty Inc. - 2011-11-21
Description
The company has secured a new financing program utilizing Rule 504. In connection with the financing, the company has signed an equity funding agreement with a Cayman Island company with offices in Delaware.
Rule 504 allows non-reporting to companies to raise up to $1,000,000 annually. The company has already received a portion of the financing which will be used for working capital at a discount to market of approximately 50%. Additional draws can be taken by the company as needed, at the company's option.