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Imagination TV Inc. Satisfies Over $120,000 in Creditor Debt From 2014 & 2015
Imagination TV Inc. Satisfies Over $120,000 in Creditor Debt From 2014 & 2015.
About this update from Imagination Tv Inc
[{"type":"text","content":"\n\n\n\nImagination TV Inc. Satisfies Over $120,000 in Creditor Debt From 2014 & 2015\n\n\n\n\n\nImagination TV Inc. Satisfies Over $120,000 in Creditor Debt From 2014 & 2015\nPR Newswire\nCASPER, Wyoming, June 5, 2018\n\n\n\nCASPER, Wyoming, June 5, 2018 /PRNewswire/ --\n\nImagination 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.  \n\nJuan 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.\"  \n\nAbout Imagination TV Inc.\nImagination TV Inc. is a publicly traded online media and entertainment company with a focus on the Music & Live Event industries. http://www.ImaginationTV.co,\nInstagram: https://www.instagram.com/imaginationtv_imtv/\nTwitter: https://twitter.com/ImaginationTVCo\n\nForward-Looking Statements: \n\nStatements 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.  Because we are presently only in negotiation...