Monaker group, inc. announced that it has received $0.1715 million in funding

Monaker group, inc. (nasdaqcm:mkgi) announced that it has issued 2 promissory notes for gross proceeds of $171,500 on october 29, 2019. the transaction included participation from robert j. mendola, jr. for $147,000 and pasquale lavecchia for $24,500, directors of the company. the company issued notes at a discount of 2% to the principal amount of $150,000 and $25,000. the notes accrue interest at 12% per annum and are matures on february 1, 2020, provided that the notes may be prepaid at any time without penalty.
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