PLEASANT HILL, Oct. 02, 2017 (GLOBE NEWSWIRE) — Textmunication Holdings, Inc. (TXHD.OB), a cloud-based mobile SMS marketing platform provider, has made several strategic moves delivering on its 2017 blueprint. Textmunication had four key objectives in 2017:

  • Reduce or eliminate historical debt
  • Increase revenues
  • Develop a new SMS software platform
  • Enhance and develop partnerships

Textmunication just issued an 8-K detailing an approved court order allowing Livingston Asset Management (“LAM�) to recover past-due obligations which LAM had purchased from certain vendors. Textmunication is also working with an investment group to take out a note due on November 11, 2017 through an equity stake in the company verses convertible financing. Updates will be provided through filings if this is accomplished. Several convertible notes were settled in 2017 for fixed shares allowing clarity for future funding. Textmunication’s debt reduction and revenue improvements in 2017 have put the company in a stronger position to negotiate future equity

Article source: http://markets.businessinsider.com/news/stocks/Textmunication-Provides-Shareholder-Update-1002914930

Pin It on Pinterest

iPhone Optin3

Subscribe To Our SMS Newsletter

Join our mailing list to receive the latest news from our team.

You have Successfully Subscribed!