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[posting]55990584[/posting]2017-10-19 16:44 ET - News Release

NetCents to convert $267,829 of debt into shares


Mr. Clayton Moore reports

NETCENTS CONVERTS DEBT TO COMMON SHARES

NetCents Technology Inc. will effect a debt conversion of $267,829.98 owing to HCG6 LP, a third party, unrelated private company. The debt conversion will comprise units of NetCents Technology, each unit comprising one common share at 30 cents per share and one warrant exercisable at 40 cents per share. The debt conversion will result in the issuance of 892,766 common shares, representing 2.63 per cent of the increased share capital of NetCents Technology, and 892,766 warrants, representing 18.95 per cent of the increased and outstanding warrants. No commission is payable in relation to the debt conversion. The total amount of NetCents shares issued and outstanding is now 34,790,251.

About NetCents Technology Inc.

NetCents is a next-generation on-line payment processing platform, offering consumers and merchants on-line services for managing electronic payments. The company is focused on capturing the migration from cash to digital currency by utilizing innovative blockchain technology to provide payment solutions that are simple to use, secure and worry free. NetCents works with its financial partners, mobile operators, exchanges and others to streamline the user experience of transacting on-line.

We seek Safe Harbor.

\u00a9 2017 Canjex Publishing Ltd. All rights reserved

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:NC-2518198
 
aus der Diskussion: NETCENTS - BLOCKCHAIN-TECHNOLOGIE - PLATTFORM - BEZAHLSYSTEM UND COIN
Autor (Datum des Eintrages): Vaterland  (20.10.17 12:25:25)
Beitrag: 32 von 25,682 (ID:55990764)
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