SeanieMac Holdings UK Secures an Additional $200,000 From Founding Investors to Effectuate Corporate Goals
May 16 2016 - 8:24AM
InvestorsHub NewsWire
HUNTINGTON, NY--(NewMediaWire - May 16, 2016)
- SeanieMac Holdings UK (OTC
PINK: BETS) announces it had received an additional
$200,000 in non-convertible non-toxic loans due in 2019. The
proceeds of these loans were used to retire accounts payable,
redeem notes and help in achieving our goal of becoming
self-funded. The continued support of RDRD Holdings, a non-dilutive
partner over the past 3 years, continues to play an important role
in allowing the company to build a strong business base while
helping us prepare for our much anticipated launch.
Safe Harbor Statement
This news release contains forward-looking statements that
involve risks, uncertainties and assumptions. If such risks or
uncertainties materialize or such assumptions prove incorrect, the
results of SeanieMac International, Ltd. and its consolidated
subsidiaries could differ materially from those expressed or
implied by such forward-looking statements and assumptions. All
statements other than statements of historical fact are statements
that could be deemed forward-looking statements, including but not
limited to statements regarding our expectations regarding amounts
staked and gross profits and our marketing initiatives. Such risks
and uncertainties include, among other things, the uncertainty
regarding consumer preferences, a decline in the popularity of our
website and competition in the online gambling industry. SeanieMac
assumes no obligation and does not intend to update these
forward-looking statements.
A further description of risks and uncertainties can be found in
SeanieMac International, Ltd.'s Annual Report on Form 10-K for the
fiscal year ended December 31, 2015 and in its reports on Form 10-Q
and Form 8-K.