frewil11 wrote:
iSign Media 1,774,814 shares for debt
2015-08-25 18:11 ET - Shares for Debt
The TSX Venture Exchange has accepted for filing the company's proposal to issue 1,774,814 shares to settle outstanding debt for $239,600.
Number of creditors: Six creditors
Insiders: Alex Romanov, $45,433, 336,541 shares at 13.5 cents; Bruce Reilly, $45,000, 333,333 shares at 13.5 cents; Dave Rodgerson, $45,000, 333,333 shares at 13.5 cents; Ed Sloot, $14,167, 104,941 shares at 13.5 cents; Asad Sultan, $45,000, 333,333 shares at 13.5 cents; Prakash Shulka, $45,000, 333,333 shares at 13.5 cents
The company shall issue a news release when the shares are issued and the debt extinguished.
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