Business
ALEXANDRIA ADVANTAGE WARRANTY COMPANY PRE-APPROVED FOR REVOLVING CREDIT FACILITY
ALEXANDRIA ADVANTAGE WARRANTY COMPANY PRE-APPROVED FOR REVOLVING CREDIT FACILITY.
About this update from Global Innovative Platforms Inc.
[{"type":"text","content":"NEW\nYORK, June 26, 2015 (OTCMarkets Disclosure & News Service) – Alexandria\nAdvantage Warranty Company (OTCMarkets/Pinksheets: AAWC) is announcing today that the Company has received\npre-approval from a Newport Beach, California lender for a revolving credit\nfacility.\n\n \n\nWhile due diligence\nand finalization of the lending paperwork must still be completed, the Company\nhas received pre-approval for a $1,000,000 credit facility, and will work\ndiligently to complete all items remaining to have the credit facility in place\nas soon as possible.\n\n \n\nThe Company anticipates\nbeing able to use this credit facility to help grow its current car warranty\nbusiness, and, should the Company be able to complete its merger, the letter of\nintent for which was announced Monday, June 22, 2015, then the Company will be\nin a position to help potential franchisees through the credit facility.\n\nAbout Alexandria Advantage Warranty Company\n\nAlexandria Advantage Warranty Company (OTCMarkets/Pinksheets: AAWC) is a provider of new and\nused car warranties to independent and franchised car dealers and their\ncustomers. The Company is a Colorado\ncompany in good standing.\n\nAdditional Information\n\nFor additional information, please contact Shareholder Services at: (310) 953-9680.\n\nForward-Looking Statements\n\nCertain statements in this news release may contain forward-looking information\nwithin the meaning of Rule 175 under the Securities Act of 1933, and are\nsubject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject\nto the safe harbor created by those rules. All statements, other than\nstatements of fact, included in this press release, including, without\nlimitation, statements regarding potential future plans and objectives of the\ncompany, are forward-looking statements that involve risks and uncertainties.\nThere can be no assurance that such statements will prove to be accurate and\nother results and further events could differ materially from those anticipated\nin such statements. Future events and actual results could differ materially\nfrom those set forth in, contemplated by, or underlying the forward-looking statements.","length":4004,"tagName":"div"}]