Live Breaking News & Updates on தலைவர் ஸ்யாக் பைர்
Stay updated with breaking news from தலைவர் ஸ்யாக் பைர். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
VNUE s Largest Creditor Converts $963,000 Of Debt Into Equity YLimit Affirms Commitment to Growth and Future of the Company by Taking A Significant Equity Position News provided by Share this article Share this article NEW YORK, May 17, 2021 /PRNewswire/ VNUE, Inc. (OTCQB: VNUE) announced today that its largest and earliest investor, YLimit, LLC, has converted $963,000 of debt to equity. This represents a conversion by Ylimit of approximately 60% of its $1.6mm total debt. The conversion is a combination of $.014 per share for common shares, and $1.20 per share for the Company s Series A Preferred Shares. The move significantly strengthens the Company s balance sheet and liquidity and places the Company in a much better position for its objectives, including the Company s current efforts seeking an uplisting to the OTCQB trading platform. ....