Business
Alaska Pacific Energy Corp Lowers & Consolidates Its Debt Obligations into Friendly Hands.
Alaska Pacific Energy Corp Lowers & Consolidates Its Debt Obligations into Friendly Hands..
About this update from Alaska Pacific Energy Corp.
[{"type":"text","content":"\n \n Normal\n 0\n \n \n \n \n false\n false\n false\n \n EN-US\n X-NONE\n X-NONE\n \n \n \n \n \n \n \n \n \n \n \n \n \n MicrosoftInternetExplorer4\n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nFeb 14 2017\n\nOTC Disclosure & News Service\n\n\n\n\n\nLake Worth, FL -\n\n\n\n\n\nAlaska Pacific Energy Corp\nLowers & Consolidates Its Debt Obligations into Friendly Hands.\n\n\n\n\n\n \n\nDEL RAY BEACH, Fl., Feb. 13, 2017\n\n\n\n\n\nDEL RAY BEACH, Fl., Feb. 13, 2017\n/RSS FEED -- Alaska Pacific Energy Corp. (OTC PINK: ASKE) is pleased to\nannounce that it is consolidating and in some cases lowering its\ndebt obligations substantially since the acquisitions of Iron Ore Solutions\n& Green Seed Innovations Inc. Much of the Non affiliated debt is now held\nby stockholders, committed to the company's success. Previous debt holders were\nable to convert their aged debt, by way of issuance, without any concern for\nthe integrity of the market. The Company chose wisely in\nissuing Convertible Preferred Securities to mitigate the risks\ninherent to price depreciation and market volatility. But this new development\nensures that it's assigned debt holders will work with Alaska Pacific Energy\nCorp to enhance shareholder equity and value.\n\n \n\n Alaska Pacific Energy Corp\nbelieves that this new course will help to inspire investor confidence.\nFurthermore wherever possible the company will seek to swap its current\nnotes in exchange for equity, under the same terms. The Company is\ncommitted to lowering/consolidating debt and building value by acquiring its\ngrowth. \n\n\n\n\n\nThe company will release more news\nand updates in the coming days and weeks on its current wholly owned\nsubsidiaries, and new opportunities that may present itself.\n\n\n\n\n\nFORWARD-LOOKING INFORMATION\n\nSafe Harbor Statement:\n\n\n\n\n\nThis release may include\n\"forward looking statements\" within the meaning of Section 27 A of\nthe Securities Act 1933 as amended, and Section 21 E and/or 27 E of the\nSecurities Exchange Act of 1934, that are based on assumptions that in the\nfuture are inherently uncertain, may prove not to be accurate, and are subject\nto significant risks and uncertainties. These include, but are not limited to\nstatements as to the future performance of the company...