According to a related 8-K filing, Reliv International and three of its wholly-owned subsidiaries, Reliv, Reliv World and SL Technology, renewed a revolving credit facility with Enterprise Bank in the amount of $3.5 million.

The credit facility accrues interest on the outstanding principal balance at a floating interest rate based on 30-day LIBOR+2.25% and has a maturity date of April 30, 2018. As of this date, there are no outstanding borrowings on the revolving credit facility.

The terms of the revolving credit facility are reflected in a promissory note dated September 30, 2015 among the registrant, registrant subsidiaries and the bank. In addition, pursuant to a business loan agreement dated September 30, 2015, among the registrant, registrant subsidiaries and the bank, as amended September 30, 2016, the registrant agreed to financial covenants, measured quarterly.

The revolving credit facility, term loan and business loan agreements that were entered into on September 30, 2015, as amended, continue to be secured by all tangible and intangible assets of the registrant, a whole life insurance policy on the life of the registrant’s CEO and by a mortgage on the registrant’s building and real estate located in Chesterfield, MO.

Reliv manufactures vitamins and other health supplements.