8% convertible promissory note sold to Asher Enterprises in deal
By Devika Patel
Knoxville, Tenn., June 10 - Monster Offers sold a $63,000 8% convertible promissory note to Asher Enterprises, Inc. on May 13, according to an 8-K filed Monday with the Securities and Exchange Commission.
The note is convertible into common stock at a 45% discount to the market price.
Based in Las Vegas, Monster Offers is an online advertising agency specializing in digital production, social media commerce and online lead generation.
Issuer: | Monster Offers
|
Issue: | Convertible promissory note
|
Amount: | $63,000
|
Coupon: | 8%
|
Conversion price: | 45% discount to the market price
|
Warrants: | No
|
Investor: | Asher Enterprises, Inc.
|
Settlement date: | May 13
|
Stock symbol: | OTCBB: MONT
|
Stock price: | $0.45 at close May 10
|
Market capitalization: | $6.25 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.