InvestorsHub Logo
Followers 89
Posts 2360
Boards Moderated 0
Alias Born 02/01/2012

Re: None

Thursday, 10/04/2018 2:57:30 PM

Thursday, October 04, 2018 2:57:30 PM

Post# of 52224
New non-dilutive financing mentioned in the 8-K:

On October 4, 2018, the Company issued the New Non-Convertible Note. The New Non-Convertible Note bears interest at a rate of 3% per annum, capitalized quarterly. The New Non-Convertible Note is unsecured and not convertible into equity securities of the Company. Unless earlier redeemed, the New Non-Convertible Note will mature on May 29, 2020.



That's amazing news. Someone has real confidence in HMNY.