Reply from Ryan when I asked about the debt agreem
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Posted On: 04/20/2017 3:41:14 PM
Re: cphillips82 #2502
Reply from Ryan when I asked about the debt agreement and if there are any restrictions:
Hi XXXX,
Yes there are restrictions. There is a strict leak out agreement in place to protect the stock. This debt is no longer a death spiral financing. I commend Rich for being able to pull this off as these debt holders did not have to agree to this. See full statement below.
Hi XXXX,
Yes there are restrictions. There is a strict leak out agreement in place to protect the stock. This debt is no longer a death spiral financing. I commend Rich for being able to pull this off as these debt holders did not have to agree to this. See full statement below.
(1)
(1)Iconic Brands, Inc. (ICNB) Stock Research Links
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