Business
Breathe eCig Corp. Successfully Restructures $115,000.00 Convertible Debt
Breathe eCig Corp. Successfully Restructures $115,000.00 Convertible Debt.
About this update from White Fox Ventures, Inc.
[{"type":"text","content":"\n\n\n\nBreathe eCig Corp. Successfully Restructures $115,000.00 Convertible Debt\n\n\n\n\n\nBreathe eCig Corp. Successfully Restructures $115,000.00 Convertible Debt\nPR Newswire\nNEW YORK, January 4, 2016\n\n\n\nNEW YORK, January 4, 2016 /PRNewswire/ --\n\nBreathe eCig Corp. (OTCQB: BVAP) (\"Breathe\" or the \"Company\"), an electronic cigarette industry innovator and pioneer, has today announced that it has successfully restructured convertible debt with EMA Financial LLC.\n\nThe Company has reached a formal agreement with EMA Financial LLC (\"EMA\"), whereby EMA has agreed to an extension enabling Breathe to fully repay the outstanding convertible debt held in exchange for a one time cash payment of $170,600 USD on or before July 1, 2016 (\"the Extension Date\").\n\nBreathe CEO Mr. Josh Kimmel expressed, \"After retiring over $721,000 USD in convertible notes over the past three months, this was an important step for the Company, allowing Breathe to focus on its core business fundamentals.\"\n\nAbout Breathe eCig Corp. (OTCQB: BVAP)\n\nBreathe was founded in 2012 as a research and development company in Knoxville, Tennessee with the mission to develop a better e-cigarette than was available on the market. Now holding multiple patents (pending) for its groundbreaking product, BVAP, Breathe is not your typical e-cig manufacturer. With a commitment to remaining socially responsible through innovative product development, consumer outreach and education, Breathe challenges the e-cig industry establishment. To find out more, visit http://www.breathecig.com\n\nDISCLAIMER - Caution Concerning Forward Looking Statements\n\nThis press release contains statements that are \"Forward-Looking\" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as \"goal,\" \"aims,\" \"may,\" \"expect,\" \"believe,\" \"intend,\" \"anticipate,\" \"estimate,\" \"continue,\" \"would,\" \"exceed,\" \"should,\" \"steady,\" \"plan,\" \"potential,\" \"dramatic,\" and variations of such words and...