FT. LAUDERDALE, FL—E-monee.com Inc. (OTCBB:EMNC) has signed a loan agreement for $10 million with Germany-based Cartier Consultants Inc., an investment organization representing a Middle East oil industries group.

The agreement calls for E-monee to hold a certain amount of its common stock in escrow to be returned upon repayment of the loan in three years.

E-monee will use the loan to expand its existing operation in the Middle and Far East, including its extensive payroll operations in Dubai, UAE.

E-monee is a Florida based company with its core product integrating technology and global telecommunications with banking.

The result is a Global Electronic Treasury System which facilitates the instantaneous and affordable collections, movement, disbursement and deposit of funds for individuals and companies located worldwide

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
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