InvestorsHub Logo
Followers 602
Posts 36740
Boards Moderated 0
Alias Born 03/11/2011

Re: The Pizzaman post# 142680

Friday, 08/28/2015 5:44:47 AM

Friday, August 28, 2015 5:44:47 AM

Post# of 183613
$PVSP Debt Relief is a Done Deal as Outlined by Year End 2015.

Letter to Shareholders
The remainder includes $4,884,559 in debt that is subject to agreements calling for full satisfaction and elimination in exchange for cash payments totaling $170,000. We accordingly expect that debt to be eliminated before year end. An additional $1,212,326, for a total of $8,162,499 of the $8,265,793 in debt at the start of 2015 – or 99% of the starting balance, is expected to be eliminated or converted into restricted equity before year end.