Mr. Patrick Cole reports

OXYGEN FUNDING INC. LAUNCHES REVENUE LINE PRODUCTS AND SERVICES

Armada Mercantile Ltd. notes that Oxygen Funding Inc., an affiliated ownership company of Armada Group USA Inc., has completed the infrastructure set-up to begin offering revenue line products and services nationwide. Oxygen's underwriting and servicing platform allows for a swift start up into revenue line services with existing factoring clients, capital on hand and minimal staffing needs. A revenue line provides a line of credit calculated against recurring revenue (licensing, royalties and subscriptions). It operates by establishing the billing and collections history to derive an advance rate. Then the last month's billing is advanced this month and repaid by the same day in the next month. This allows the company's client to have much more stable cash flow throughout the month. It will reduce the frequency where situations arise that cause these businesses to seek short-term borrowing solutions. The company's terms are cheaper than most cash advance solutions and the company is likely to provide more financing than most providers will approve. Oxygen seeks to yield as high as 24-per-cent annual percentage rate on average for a revenue line transaction.

About Oxygen Funding

Oxygen Funding is a fully licensed trade finance lender that has been financing commercial businesses since 2007. Oxygen Funding finances new clients sourced, underwritten and serviced by an in-house staff. Oxygen Funding also evaluates existing portfolios for potential purchase. As an outsourced service provider, Oxygen Funding offers underwriting and servicing services to finance companies, investors and brokers who wish to build their own factoring portfolios.

We seek Safe Harbor.