Victura Construction Group Inc. (VICT)

[KeepItRealistic]

Initial allocation of shares was very small , only 2.5 mil

Tells me conversions started here at much higher levels and are close to be done.

Victura Construction Group, Inc. (OTC PINK: VICT), a holding company focused on strategic acquisitions within the construction industry, announces that it has eliminated significant debt from its balance sheet. On November 22, 2017 the Company received a Florida State court approval of a settlement and stipulation (Case No. 2017 CA 5814) for the satisfaction Company debt in the amount of $158,005.09 through the issuance of shares which will be exempt from SEC registration in reliance upon Section 3 (a)(10) of the Securities Act based upon the Courts finding. The agreement provides the shares will be issued at a 40% to the market price as defined in the agreement, and the owner may not own more than 9.9% at the time of issuance. As part of that agreement the Company initially reserved 2,500,000 of its shares with its stock transfer agent as of November 22, 2017.