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VAPE Holdings Announces Closing of Agreement to Restructure and Consolidate Outstanding Debt
Die Ankündigung liest sich doch recht gut...
"...One of my initial goals when coming on as CEO of VAPE was to address its convertible debt situation. This is the first step of a strategic, long-term financing plan to restructure and consolidate VAPE's debt and to manage VAPE's capital needs moving forward. Our hope is that this consolidation and restructuring of the debt into a single noteholder will limit the number of competing parties selling into the market affecting VAPE's stock price," stated Justin Braune, CEO of VAPE. "We are in discussions with our remaining noteholders and our financing partner to ultimately restructure 100% of the outstanding debt."
"With the successful launch of multiple new products under Hive Ceramics and the amazing reception of newly launched vaporizer and lifestyle brand Revival, VAPE is focusing on the future while addressing its past debt issues. We are changing our methods of financing and operating the Company with a goal of increasing clarity and reporting of our operations. Over the course of 2016 we will focus on having all subsidiaries generate positive cash flow, reducing our need to raise operating capital," said Mr. Braune."
Quelle: www.otcmarkets.com/stock/VAPE/news?id=126819
Nice! :-)
March 10, 2016 08:00 ET
Revival Secures Sales Agreement With Touch Of Modern
Sales to Touch Of Modern's 9 Million Users to Begin on April 3rd
Gesamter Bericht und Quelle: stocknewsnow.com/newsrss/2104742-Financials
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Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
10 | 1.579 | Vape Holdings mit positiven Signalen und Comeback? | nordküstenbau | ruck | 25.04.21 02:51 | |
31 | nee | TB.. | TB.. | 09.11.15 20:30 |