TNA.V - Evergreen Gaming Corporation (Casino & Restaurant) Message Board

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Microcap & Penny Stocks : TNA.V - Evergreen Gaming Corporation (Casino & Restaurant)

TNA 45.95

-2.5%

Oct 30 5:00 PM EST

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To: JRod77 who wrote (16)	11/27/2017 5:29:25 PM
From: JRod77	of 29

Just found out that the Tukwila Casino has been sold. horizonford.com http://www.sterlingrealestate.idxbroker.com/idx/details/listing/b259/583212/14027-Interurban-Ave-S-Tukwila-WA-98168 Comparing the address of the Tukwila listing and the new location of this Ford dealership, they are identical. From TNA.V’s the most recent MD&A (found on Sedar) Page 6: On August 5, 2015, the Company refinanced the first position note payable to a third party secured by the property at 14027 Interurban Ave S. Tukwila, WA. A new 10-year $720,000 loan at Banner Bank carries a 5% fixed interest rate for the first five years, with monthly payments of $7,659. In years 6-10, the rate will be calculated based on the Bullet Rate for the 5-year FHLB Fixed Rate Advances (the “Index”) plus a margin of three percentage points (3.0%). If the Index rate changes, the amount or number of monthly payments and/or the final payment amounts may change to accommodate the change in interest rate. The interest rate may not fall below the initial 5%, and its maximum is limited by law. This action pays off the 9.5% interest rate loan that was in place, reducing the monthly payment by $1,252 per month. Page 1: The Company has entered into an agreement to sell the real property where Palace Tukwila was located for $1,950,000. The buyer has made a $50,000 earnest money deposit and the sale is supposed to close on or before November 30, 2017.

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