Reliance Global Group Inc (RELI)

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Elimination of convertible debt PR made it run huge in April

https://www.accesswire.com/495469/Ethos-Media-Network-Inc-EOMN-Announces-Elimination-of-Convertible-Debt

EOMN is a debt free shell now for the new CEO Ezra Beyman

Monday, April 9, 2018 9:15 AM

FORT LAUDERDALE, FL / ACCESSWIRE / April 9, 2018 / ETHOS MEDIA NETWORK, INC. (OTC PINK: EOMN), A SOUTH FLORIDA BASED DIGITAL TELEVISION PRODUCTION AND DISTRIBUTION COMPANY, REPORTS THE FOLLOWING CORPORATE UPDATES:

EOMN'S commitment to its shareholder base continues to be paramount to CEO Jack Namer. We are pleased to report that all our convertible debt has been repaid. Ethos can now enjoy the benefit of having no convertible debt. This places the company in an ideal position, one in which there will be no convertible dilution of its share price as it aggressively moves forward with business development, mergers and acquisitions.

Ethos Media Network also announces that it is focusing on building strategic relationships to further its vision of implementing its programming and broadcasting solutions. The relationships, whether partnerships or acquisitions will further strengthen and enhance EOMN's footprint.

The company is announcing Bunji™ V.2, a white label Network Portal similar to Roku™, YouTube™, Hulu™ or Netflix™ media engine that allows anyone to have their own content, marketing and promotion channel - with the ability to livestream content, upload video and music, sync all social media content and/or download content from multiple media libraries to curate their channel to their specific audience over all smart devices as well as conventional television.

Ethos' SaaS offering ensures a steady monthly residual, one which the company is keen on duplicating among its other offerings.