Debt Conversion Well above Market at 6 Cents / Share TACOMA, WA / ACCESSWIRE / February 11, 2020 / IONIC BRANDS CORP. (CSE:IONC)(OTCPINK:IONKF)(FRA:1B3) ("IONIC BRANDS" or the "Company") announces it has launched an Investor Group Community on 8020 Connect Platform.
We invite all existing and potential shareholders and stakeholders to join the IONIC BRANDS Investor Group on 8020 Connect. Join here: : https://sites.google.com/80-20connect.com/ionic-8020-investor-intro
Through the dynamic 8020 platform, IONIC BRANDS empowers each shareholder and interested investor to stay up-to-date with corporate developments as well as have an opportunity to be engaged with directly through our Investor Group.
The interactive structure of the portal provides an opportunity for shareholders to become a part of the communication process and support the development of the Company's investor audience.
The Company also announces a conversion of US $100,000 · debt by John Gorst, CEO & Chairman of IONIC BRANDS at a deemed price of CAD $0.06 · per common share of the Company well above the current market price.
"We are excited to engage directly with our valued shareholders on the 8020 Connect platform," stated John Gorst, CEO of IONIC BRANDS CORP. Over the last five months, our management team has been working diligently, together with our stakeholders, to restructure our operations with a path to profitability. Now that we have completed our restructuring plan, we will be actively communicating our progress with our valued shareholders. Mr. Gorst also states, "due to our progress in our operations, I have recently converted a portion of my debt into additional shares of the Company as filed on SEDAR. I believe in our Company, our team, and building shareholder value through profitable operations." Management looks forward to a very productive 2020.