Wiser Financial Services LLC

DUBAI, United Arab Emirates, March 27 /PRNewswire-FirstCall/ -- Wiser Financial Services LLC announced today the signing of an agreement with Axial Vector Engine Corporation (OTC Bulletin Board: AXVC - News).

Under the terms of the agreement, Wiser Financial Services will provide a two-year $5 million bond financing to AVEC. AVEC also agreed to issue a three-year warrant to Wiser Financial Services providing it with the right to purchase 500,000 restricted common shares of Axial Vector at a price of $5.00 per share.

Comment - Very interesting announcement. I need to know more about the terms of the bond financing. Will look into it and update blog readers. Any comments?