SoLVBL Solutions Announces Debt Settlement Agreements and Enters into Marketing and Consulting Agreements
Retrieved on:
Tuesday, July 27, 2021
In addition, the Company also settled indebtedness under a debt settlement agreement with a creditor by issuing an aggregate of 500,000 common shares of the Company ("Common Share").
Key Points:
- In addition, the Company also settled indebtedness under a debt settlement agreement with a creditor by issuing an aggregate of 500,000 common shares of the Company ("Common Share").
- The Company is also pleased to announce that it has entered into a one (1) year marketing agreement with LDJ Consulting Inc. ("LDJ"), a Toronto, Ontario-based marketing consulting company beginning in July 2021 and ending in July 2022.
- Raymond Pomroy, the Company's CEO states, "LDJ has an extensive network throughout North America, particularly among the millennial and the female demographics.
- As part of the debt settlement, Raymond Pomroy ("Pomroy"), CEO of the Company has agreed to convert all existing indebtedness due to him by the Company.