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ICNB - Will Announce "Debt Settlements"

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trader53 Member Level  Monday, 08/22/16 07:01:43 PM
Re: JUST WAITING post# 95239
Post # of 202567 
ICNB - Will Announce "Debt Settlements"

* Will Announce that it has

"Settled Debts to move the Company Forward."

The Board of Directors will soon announce
that it has entered into agreements
with several of its noteholders
for the payoff of their convertible promissory notes
over time.

They will pay down old debt
to prevent the issuance of additional shares
of the Company from the conversion of this debt.

This reduction will be good news for shareholders.

It will also benefit the Company
since it will help to improve its financial strength.

In order to pay off this convertible debt,
the Company will borrow funds
at a reasonable interest rate
on terms that do not include
any conversion rights of debt to equity,
or in any way require the issuance of equity,
options or warrants by the Company.


Very Strong Buy !

Targets 0.003 / 0.006 / 0.009 / 0.02 / 0.03

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