$FTXP Balance Sheet Initiatives: For the remain
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Posted On: 03/29/2021 9:27:20 AM
$FTXP Balance Sheet Initiatives:
For the remainder of 2021, Foothill’s strategy is to settle and eliminate the Company’s outstanding variable rate convertible debt to clean up its balance sheet and better position the Company for future growth.
To that end, the Company has reached settlement and mutual release agreements with both Power Up Lending Group, Ltd. (“PowerUp”) and FirstFire Global Opportunities Fund, LLC, (“Firstfire”) to retire the variable rate convertible loans issued to both lenders.
For the remainder of 2021, Foothill’s strategy is to settle and eliminate the Company’s outstanding variable rate convertible debt to clean up its balance sheet and better position the Company for future growth.
To that end, the Company has reached settlement and mutual release agreements with both Power Up Lending Group, Ltd. (“PowerUp”) and FirstFire Global Opportunities Fund, LLC, (“Firstfire”) to retire the variable rate convertible loans issued to both lenders.
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1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
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