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Prospect Park Capital Corp C.PPK

Prospect Park Capital Corp. is a Canada-based technology issuer focused on business to consumer communication platforms including, without limitation, platforms that connect service providers with customers in the areas of health and education. The Company's wholly owned subsidiary, Diitalk Communications Inc. (Diitalk), is engaged in the business of operating a rewards-based communication platform and the provision of services in connection therewith, including, without limitation, voice over Internet protocol (VOIP) calling, short message service (SMS) messaging, analytics engine, mobile apps and add engines. Its wholly owned subsidiary, 102130706 Saskatchewan Inc., doing business as Tutors on Demand, is engaged in the business of operating a virtual marketplace through the Tutors on Demand Platform, which enables the connection of qualified tutors and student learners who are seeking additional educational support.


CSE:PPK - Post by User

Prospect Park Capital Corp
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Post by Iseneschalon Apr 28, 2021 10:09am
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Post# 33081730

Who doesn't like a 10% yield these days??

Who doesn't like a 10% yield these days??

Prospect Park debenture investment in Diitalk

2021-04-27 15:31 PT - Property Agreement

 

The TSX Venture Exchange has accepted for filing documentation pertaining to a Diitalk Communications Inc. convertible debenture dated April 12, 2021, between the company and Diitalk Communications (the debtor), whereby the company advanced $150,000 principal amount. Maturing two years from issuance, the advance will carry interest at 10.0 per cent per annum, payable semi-annually.

Under the terms of the agreement, the company may convert, in whole or in part, the outstanding principal amount into common shares of the debtor at two cents per share.

For more information, please refer to the company's news release dated April 12, 2021.

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