Mr. Steve Taylor reports
BLUERUSH ELECTS TO CONVERT CONVERTIBLE DEBENTURES
Bluerush Inc. has elected to convert $750,000 of principal under two convertible debentures issued in 2018 held by arm's-length lenders. Under the terms of the convertible debentures, the company had the option to convert principal on the maturity date (Oct. 31, 2023). Accordingly, the company has issued an aggregate of 1,428,573 in satisfaction of the $750,000 of principal due to the two lenders on today's maturity date. The shares issuable are no subject to any statutory hold periods.
About
Bluerush Inc.
Bluerush develops and markets IndiVideo, a disruptive, award-winning interactive personalized video platform that drives return on investment throughout the customer life cycle, from increased conversions to more engaging statements and customer care.
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