On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Cherubim Interests, Inc. (CHIT) Sharply Reduces Debt, Shares Lower

Company: Cherubim Interests, Inc. (CHIT)
Category: News

Cherubim Interests (OTC: CHIT) this morning announced the elimination of a “significant”  portion of its High Interest Convertible Debt and Principal Debt in what company CEO Patrick Johnson says is the result of an aggressive debt reduction campaign. “We have been aggressively addressing debt reduction over the past twelve months. These debts included convertible note instruments to extremely high interest lenders, which upon conversion causes dilution that adversely affects the stock price,” he stated in the news release. “The approximate debt as of August 31, 2015, was $1,180,000 and to better position the company for uplist we have retired over $850,000 in additional consolidated debt.”

To view the full press release, visit: http://nnw.fm/2HHzI

About Cherubim Interests, Inc.

Cherubim Interests specializes in alternative construction projects, as well as covering the entire spectrum of real estate development: due diligence, acquisition, planning, construction, renovation, and management; providing complete beginning-to-end development programs for mixed use, single, and multifamily projects and properties. For more information, visit www.cherubiminterests.com

About NetworkNewsBreak

NetworkNewsBreak is a rapid summary of a press release that caught the attention of NetworkNewsWire (NNW). NNW provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing network of more than 5,000 key distribution outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, visit https://www.networknewswire.com.

Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.net

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217