Tecogen secures up to $1.5M insider loans; board to seek reverse stock split approval

TECOGEN INC.

Directors Hatsopoulos and Lewis commit up to $1M and $500K-$1M respectively in loans for working capital.
Loans bear interest at IRS Applicable Federal Rate, mature one year from issuance, prepayable.
Board authorized to seek shareholder approval for reverse stock split at ratios of 1:4, 1:5, or 1:6.
Reverse split implementation and ratio subject to board approval after shareholder vote.
Special meeting date and record date to be announced later.

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