Home > Boards > US OTC > Oil/Gas/Natural Energy Production > Oicintra Inc. (OICT)

$IOGA Joint Account News! INSCOR, Inc. Corporation and

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
fast.money Member Profile
 
Followed By 742
Posts 128,592
Boards Moderated 9
Alias Born 09/26/11
160x600 placeholder
fast.money   Friday, 04/17/15 11:09:16 AM
Re: None
Post # of 4161 
$IOGA Joint Account News! INSCOR, Inc. Corporation and Zion Capital Ventures Establish Joint Account

http://www.otcmarkets.com/stock/IOGA/news/INSCOR--Inc--Corporation-and-Zion-Capital-Ventures-Establish-Joint-Account?id=100410&b=y

Mar 26, 2015

Further to the multiple positive events publicized in the last week, INSCOR, Inc. Corporation (PINKSHEETS: IOGA) and Zion Capital Ventures are pleased to announce that Zion Capital Ventures has placed $700,000,000 of fixed income investment-grade bonds into an account on which INSCOR is a named account holder, in preparation for the contemplated exchange of the bonds for INSCOR convertible Preferred shares. In parity with Zion Capital Ventures, therefore, INSCOR’s Board of Directors has authorized the issuance of the new series of Preferred stock, and has correspondingly made all necessary administrative and regulatory preparations for their issuance. Both INSCOR and Zion Capital Ventures look forward to fulfilling their obligations under the binding Exchange Agreement signed earlier this week. As INSCOR Chairman Keith McAllister stated this morning, “With the fulfillment of this Agreement with our colleagues at Zion Capital Ventures, we are now positioned to implement the roll-out of a variety of projects geared toward significantly enhancing shareholder value while simultaneously expanding the scope of our activities”.


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist