TX Holdings Inc (TXHG.OB) Chairman Bucks Up with $600,000 Loan
Shares of TX Holdings Inc. (OTCBB: TXHG) closed up 1 cent (1 percent) at 90 cents per share today on volume of 22,297. The company recently announced that its Chairman made a $600,000 loan to TXHG.The company's Chairman, Mark Neuhaus, reported last week that he made a $600,000 loan to TXHG in a combination of cash and stock. The loan was made to pay for lease acquisitions and development costs associated with some of the existing and recently acquired properties. "This was done to help the company meet current obligations associated with developing its latest investments," says Neuhaus in a…