Green Asset International Secures USD 100 Million Equity Line Funding with Equity Partners Fund SPC

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Green Asset International, (GreenAssetInc.com) Chairman and CEO Cheryl Shuman announced today that it has signed a term sheet to enter into a Special Private Placement Agreement (SPPA) for $10,000,000 of equity line funding with Equity Partners Fund SPC (EPF). The terms give Green Asset the right to increase the amount of the equity line funding up to $100,000,000.

Cheryl Shuman CEO of Green Asset International Inc.

Green Asset International, (GreenAssetInc.com) Chairman and CEO Cheryl Shuman announced today that it has signed a term sheet to enter into a Special Private Placement Agreement (SPPA) for $10,000,000 of equity line funding with Equity Partners Fund SPC (EPF). The terms give Green Asset the right to increase the amount of the equity line funding up to $100,000,000.

The terms of the SPPA allow Green Asset to draw down funding over a three-year period once the company is listed and has an effective registration statement covering the shares to be sold pursuant to the SPPA. The SPPA also provides that the price at which shares may be subscribed by EPF is 90% of the lowest daily volume weighted average price during the fifteen consecutive trading days selected by Green Asset and set forth in a draw down notice sent to EPF. Green Asset is able to specify a minimum acceptable price for each draw down period to prevent significant dilution in the market below what the company feels is an acceptable price.

Green Asset plans to target for acquisition the best of breed green and social media companies that already are successful, focusing on consolidation in the sectors. The funding agreement is designed to aid the objective of finding already established companies in expanding fields and backing those companies to acquire other good companies in their sector and consolidate them. The company believes there are many good companies that are successful yet capital constrained.

Shuman said, “This funding agreement with Equity Partners will form the cornerstone of Green Asset accretive EBIDTA positive acquisitions over the next several years. It enables a clear path to acquisitions of listed companies which can add value geographically and strategically.”

EPF spokesperson Bruce Nelson stated, “Unlike hedge funds which have significant regulatory burdens exposing their investors to higher risks, EPF is able to act quickly, is more flexible when it comes to structuring an investment and has less regulatory burdens.”

"EPF has no outside investors and is considered a private fund run by its principals, similar to a merchant bank that invests its own capital and as such it is seeking capital appreciation through the identification and funding of liquid growth companies. This Equity Line Funding provides companies with flexible terms and a low discount to draw down funding."

In addition, Mr. Bruce Nelson stated "EPF approaches various companies in various sectors such as technology, energy, finance, manufacturing, mining/resources and healthcare that are looking for growth or acquisition funding which is difficult to find given current global economic conditions."

RELATED LINKS
http://www.equitypartnersfund.com

Contact: Cheryl Shuman cheryl(dot)shuman(at)greenassetinc(dot)com 1.310.779.4797

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