Casper, WY -- June 5, 2018 -- InvestorsHub NewsWire -- Imagination TV Inc. (OTC: 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. www.ImaginationTV.co,
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