The debt with Iconic was paid off in full from this. CEO admitted Iconic (a debt taken on all the way back in 2015) was a mistake and is committed to not using such financing in the future. All good things for the future of this company and he's keeping to his promise. Already secured an investment from Jillian Michaels and Co. and sounds like more is on the way. Strong BUY!
Iconic Holdings, LLC
During the period ended January 1, 2017, the Company converted $77,059 of principal into 2,555,906 shares of common stock. As of January 1, 2017 the balance of principal due was $84,191. The entire outstanding balance was subsequently converted to shares of common stock in February 2017.
