InvestorsHub Logo
Followers 1762
Posts 124854
Boards Moderated 5
Alias Born 01/22/2004

Re: None

Friday, 01/20/2017 11:42:50 AM

Friday, January 20, 2017 11:42:50 AM

Post# of 48592
"I'm excited to deliver fourth quarter numbers, and will be more elated when we report the first quarter numbers," Swartz said. "Providing shareholder value is important to me, and reducing debt is just as paramount as increasing sales. I am proud to announce that we have retired $250,000 of debt." Advantis has recently retired a debt that was contingent upon performance and tenure of a previous company officer. The company is now able to eliminate this debt from the balance sheet, without having to issue new shares or expend company assets. Based on numbers reported on the third quarter balance sheet, total debt has been reduced by almost twenty-five percent. "2017 is the first year we should have more revenue than debt," Swartz concluded, "I could not be more proud of the work that we are doing, and the best is yet to come."



$ADVT

Surrounded by thieves, lets fight our way out!