Thursday, June 18, 2015 1:40:22 PM
PR Newswire
PLACERVILLE, CA, June 18, 2015
PLACERVILLE, CA, June 18, 2015 /PRNewswire/ - Anything Technologies Media, Inc. (OTC: EXMT) is pleased to announce that it has successfully retired One Million dollars of third party debt from the books of the company for the first quarter 2015. The company negotiated a deal with a third party shareholder to forgive the debt from the books of the company to create greater book and shareholder value. The company intends to do everything in its power to create a profitable debt free company going forward.
Richard Wilson, CEO of the company stated, "We are very excited about the future of the company and feel that the potential projects to be announced over the next quarter will help to create a profitable company. The reduction of debt from the company is the first step in this process and creates an anti-dilutive effect for ATM. We plan to take other measures that will be available to the company over the next six months to continue this process of creating greater value to our shareholders."
The Company recently acquired Frontier Indoor Garden Solutions as a wholly owned subsidiary, www.frontiergarden.com, Frontier recently entered into a joint venture with Chippewa Business Development, a Wisconsin company which is 100% American Indian owned, to cooperatively develop medical cannabis opportunities with Tribes and Tribal Organizations across North America. ATM expects on announcing its first project with Frontier by the end of the month.
http://www.otcmarkets.com/stock/ICBU/news/Anything-Technologies-Media-Inc---Retires-One-Million-dollars-of-Third-Party-Debt-from-the-Books-of-the-Company?id=107674&b=y
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