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Bullboard - Stock Discussion Forum DIL:CA V.DIL

TSXV:DIL - Post Discussion

DIL:CA > Anonymous Director Reports Shares For Debt Closed
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Post by johnrambo on Sep 22, 2009 3:18pm

Anonymous Director Reports Shares For Debt Closed

Digifonica closes shares-for-debt settlement

2009-09-22 14:58 ET - News Release

An anonymous director reports

DIGIFONICA ANNOUNCES CLOSING OF SHARES FOR DEBT SETTLEMENT & INVESTOR RELATIONS UPDATE

Digifonica International Inc. has closed its previously announced settlement of shares for debt. The company has issued 350,000 common shares at 10 cents per share to the president of the company to settle $35,000 of debt owed in respect of consultancy services provided to the company.

Insiders buying debts being paid, what the _________ is going on now,  what direction do we march into battle?

John J. Rambo

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