Imagination TV Inc. Satisfies $50,000 in Creditor Debt From 2017
June 28 2018 - 3:30PM
InvestorsHub NewsWire
Casper, WY -- June 28, 2018 --
InvestorsHub NewsWire -- Imagination TV Inc. (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 $50,000.00 in creditor
debt from 2017 (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 $50,000
of the Company's debt, which is all part of a continued effort and
commitment 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. http://www.ImaginationTV.co
Instagram: https://www.instagram.com/imaginationtv_imtv/
Twitter: https://twitter.com/ImaginationTVCo
Forward-Looking
Statements:
Statements made in this press release that express the Company or
management's intentions, plans, beliefs, expectations or
predictions of future events, are forward-looking statements. The
words "believe," "expect," "intend," "estimate," "anticipate,"
"will" and similar expressions are intended to further identify
such forward-looking statements, although not all forward-looking
statements contain these identifying words. Those statements are
based on many assumptions and are subject to many known and unknown
risks, uncertainties and other factors that could cause the
Company's actual activities, results or performance to differ
materially from those anticipated or projected in such
forward-looking statements. The Company cannot guarantee future
financial results; levels of activity, performance or achievements
and investors should not place undue reliance on the Company's
forward-looking statements. No information contained in this press
release should be construed as any indication whatsoever of the
Company's future financial performance, future revenues or its
future stock price. The forward-looking statements contained herein
represent the judgment of the Company as of the date of this press
release, and the Company expressly disclaims any intent, obligation
or undertaking to update or revise such forward-looking statements
to reflect any change in the Company's expectations with regard
thereto or any change in events, conditions or circumstances on
which any such statements are based.
Contact:
Email: investors@imaginationtv.co
+1 (307)201-0602
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