Source - SMW
MoneySwap has received a further US$147,000 under an extension to the loan facility  from Changsha Zhangdian Investment Company Limited. 

The company has now drawn down US$395,000 from the lender, comprising the full US$200,000 available under the short-term loan and US$195,000 under three extensions to the short-term Loan.   The monies received from the lender are being applied by MoneySwap principally in meeting working capital needs and the various legal and regulatory costs associated with the proposed subscription, further details of which were announced by the company on 1 July.