$IMTV recent news on debt reduction > Imaginati
Post# of 98042
Imagination TV Inc. Satisfies Over $120,000 in Creditor Debt From 2014 & 2015
https://finance.yahoo.com/news/imagination-tv...00554.html
CASPER, Wyoming, June 5, 2018 /PRNewswire/ --
Imagination TV Inc. (IMTV) is pleased to announce that in accordance with the terms of a Settlement Agreement with a creditor, it has fully satisfied Promissory Notes (the "Notes" representing $123,874.67 in creditor debt from 2014 & 2015 (the "Debt" . The Debt was satisfied with a discounted settlement amount, thereby eliminating any further contractual obligations under the Notes.
Juan Areco, CEO of Imagination TV commented, "We are pleased to have satisfied $123,874 of the Company's debt, which is a first step in cleaning up our cap structure."
About Imagination TV Inc.
Imagination TV Inc. is a publicly traded online media and entertainment company with a focus on the Music & Live Event industries. http://www.ImaginationTV.co,
Instagram: https://www.instagram.com/imaginationtv_imtv/
Twitter: https://twitter.com/ImaginationTVCo
Contact:
Email: investors@imaginationtv.co
+1(307)201-0602