NetworkNewsBreaks – Mydecine Innovations Group I
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Mydecine Innovations (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA), a biotechnology company engineering the next wave of innovative medications and treatment protocols to directly address mental health with a particular emphasis on addiction and post-traumatic stress disorder, has announced debt settlements. According to the announcement, the company announced settlements for debt owed to some arms-length creditors, service providers and debtors of the company. The company noted that the agreements call for debt to be converted into common shares in the capital of the company. The debt settlements should eliminate an estimated $752,160 of liabilities; some 1,299,998 shares were issued as a result of the debt settlement.
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