Great pick Mary! PFWI is so undervalued. Multiple pennies coming. 98% rev increase last quarter and debt almost paid off. Should be hearing something about that by Oct 26 based on the PR in Sept. Also huge Contract (more Revs) with Dewan & Sons servicing big time clients..
Weston, FL -- (ReleaseWire) -- 09/05/2017 -- Petrone Worldwide, Inc. (OTCMKTS:PFWI), today announces that it has retired $175,000 in toxic debt. Discussions with its remaining debt holders and a private investor for the acquisition and subsequent retirement of substantially all of the company's outstanding convertible debt.The Company expects the Investor to finalize a structured purchase plan of the Company's outstanding convertible debt by October 26, 2017.
.” PFWI will be servicing the following Dewan clients in North America: Walmart, Sam’s Club, Home Goods, The Home Depot, Marshall’s, Ross Bed Bath & Beyond, TJ Maxx, and Bath & Body Works; however, the e-commerce portal will prove to be significant. This is a huge step forward for PFWI and will substantially increase revenues in the very short term."