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Posted On: 12/01/2020 4:15:38 PM
Post# of 534
NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Moves Toward Anti-Dilution Policy, Commercial Launch of Cryptocurrency Segment
ISW Holdings (OTC: ISWH), a global brand management holdings company, today announced that it is negotiating with noteholders toward establishing a new agreement that will form the foundation for its emerging anti-dilution policy designed to protect the value of its common stock and return more of that value to its shareholders. According to the update, the current negotiation contemplates an agreement whereby noteholders will exchange their notes for preferred restricted shares, reducing debt on the balance sheet and protecting shareholders against dilution. “We are moving toward the commercial launch of our Cryptocurrency segment, which was established this summer through our partnership with Bit5ive, LLC,” said Alonzo Pierce, president and chairman of ISW Holdings. “We also continue to see very strong tangible growth in our Home and Telehealth Healthcare segment, where we just posted strong top and bottom-line data for Q3 and where we are already on pace to post new record numbers to close out the year. As these efforts get off the ground, we want to take steps now to ensure that the value we are creating confers to our common shareholders. In short, we are determined to keep the share structure attractive to investors while bringing in solid and growing revenues.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
ISW Holdings (OTC: ISWH), a global brand management holdings company, today announced that it is negotiating with noteholders toward establishing a new agreement that will form the foundation for its emerging anti-dilution policy designed to protect the value of its common stock and return more of that value to its shareholders. According to the update, the current negotiation contemplates an agreement whereby noteholders will exchange their notes for preferred restricted shares, reducing debt on the balance sheet and protecting shareholders against dilution. “We are moving toward the commercial launch of our Cryptocurrency segment, which was established this summer through our partnership with Bit5ive, LLC,” said Alonzo Pierce, president and chairman of ISW Holdings. “We also continue to see very strong tangible growth in our Home and Telehealth Healthcare segment, where we just posted strong top and bottom-line data for Q3 and where we are already on pace to post new record numbers to close out the year. As these efforts get off the ground, we want to take steps now to ensure that the value we are creating confers to our common shareholders. In short, we are determined to keep the share structure attractive to investors while bringing in solid and growing revenues.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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