Global Technologies lends $500K to Tersus Power via secured promissory note

GLOBAL TECHNOLOGIES LTD

GTLL advanced $150K of $500K principal to Tersus Power, secured by all assets.
Note bears 5% annual interest, amortized over 25 years, balloon payment Dec 14, 2026.
First tranche of $37.5K advanced Dec 14, 2021; $150K advanced by filing date.
Proceeds to be used for hydrogen fueling stations, real property, equipment, and IP.

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