Business
Nitches Announces Payoff of Convertible Notes
Nitches Announces Payoff of Convertible Notes.
About this update from Nitches, Inc.
[{"type":"text","content":"\n\n\n\nNitches Announces Payoff of Convertible Notes\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nNitches Announces Payoff of Convertible Notes\nPR Newswire\nLAS VEGAS, July 21, 2022\n\n\n\nCompany also Announces Delivery of Final Samples for Voodo Fé's Miles Davis Legacy Collection\nLAS VEGAS, July 21, 2022 /PRNewswire/ -- Nitches Inc., (NICH) (the \"Company\") which blends high-tech with high-end fashion to create exclusive clothing lines and NFTs, today announced it has paid off all convertible debt notes to strengthen the company's financial standing. No debt conversions have been completed during John Morgan tenure as Nitches' CEO.\"We wanted to reward our investors who believed in our company and its mission to create high-quality capsule collections with celebrities, as well as develop leading edge authentication technology,\" said John Morgan, Nitches' CEO. \"Our primary goal remains to bring the utmost value to our shareholders.\"Nitches' recent clothing line with Voodo Fé is progressing at a rapid rate. Voodo Fé has received the final samples of the legacy collection that celebrates the genius of Miles Davis, one of the greatest musicians of all time. Voodo Fé's team is putting the final touches on the one-of-a-kind clothing items and creating a comprehensive retail distribution strategy. All of merchandise will include Nitches' industry-changing Owner Verification System (OVS™), which proves the authenticity of its limited-edition clothing.. To verify ownership, Nitches sews a unique QR code into every item it manufactures. Buyers then scan these codes to register their products on the OVS mobile dApp.\nAbout Nitches Corporation \nNitches is a diversified technology and exclusive clothing company that blends high-tech with high-end fashion to design luxury clothing items and NFTs. We specialize in creating limited-edition athleisure and streetwear apparel and accessories that are sustainable, authentic and exclusive. We collaborate with fashion-forward influencers and celebrities to create capsule collections that reflect the...