Vestiage, Inc. (VEST)

[PennyStockInvestor]

Additionally, the company is pleased to report that it has repaid approximately $125,000 of the $135,000 note owed to Seaway Valley Capital Corporation as part of the original purchase price for the company. Maury Peters, President and CEO of Wisebuys stated, "Although we suffered a certain amount of dilution with now 1.98 billion total shares outstanding as a result of this debt repayment, we thought it was important to get as much of Wisebuys paid for as quickly as possible, and this way we could focus on the future of this new company."

Mr. Peters continued, "Furthermore, at this point we do not see significant share issuances in the coming months, and there are no plans to reverse split this stock in 2011."


Wow!!! All they owe is $10,000 grand and its completely payed off interest free. Smart move by the new CEO Maury Peters. My guess is the final 10 grand has already been payed off.