SALT LAKE CITY, UT -- 04/21/05 -- Groen Brothers Aviation, Inc. (GBA) (OTC BB: GNBA) today announced that in exchange for a minimum equity investment of $1 million, GBA has granted a Chinese investment group a six month period in which to bring to the Company a funding/partnering package sufficient to fund the completion of the Hawk 4 Gyroplane program up through FAA Certification and production.
Posted April 22, 2005
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