StockMarketWire.com - TMT Investments has completed an investment in The One-Page Company, Inc.

One-Page is a start-up company building corporate software-as-a-service solutions and consumer internet proposal platform that enables users to systematically create, solicit, distribute, and negotiate one-page proposals between individuals and companies from anywhere around the world (www.1-page.com).

TMT's investment consists of a $242,500 unsecured convertible promissory note in One-Page.

The 24-month note has an interest rate of 5% per annum.

The outstanding principal and unpaid accrued interest of the note will be automatically converted into One-Page's equity securities upon the earliest of (i) closing of the next equity financing, or (ii) on a change of control of One-Page, in either case at an equity valuation equal to the lower of (i) 80% of the equity valuation of One-Page applicable to the next equity financing or change of control, or (ii) US$5,000,000 (subject to certain adjustments).

TMT also has the right to purchase up to 30% of the total number of One-Page's equity securities sold in the next equity financing.




At 1:33pm: [LON:TMT] TMT Group share price was 0p at 1.3p



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