Posted On: 04/28/2016 8:41:14 AM
Post# of 99190
$CRWG BIG NEWS LAST WEEK $3.5MIL SALE:
CrowdGather Inc. (OTCQB: CRWG), a specialty cannabis and consumer publishing network, recently announced the sale of its Plaor gaming subsidiary for $3.5 million, a 43% reduction in its corporate debt, and a gradual fixed price conversion of its remaining convertible debt. In aggregate, these moves significantly reduce the financial and equity overhang on the stock and open the door for significant price appreciation over the coming quarters.
CrowdGather Inc. (OTCQB: CRWG), a specialty cannabis and consumer publishing network, recently announced the sale of its Plaor gaming subsidiary for $3.5 million, a 43% reduction in its corporate debt, and a gradual fixed price conversion of its remaining convertible debt. In aggregate, these moves significantly reduce the financial and equity overhang on the stock and open the door for significant price appreciation over the coming quarters.
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