QualityStocksNewsBreaks – ISW Holdings Inc. (ISWH) Pays Off Major Convertible Note with Preemptive Payment, Preventing Dilution Risk
ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, has paid off and cancelled a convertible debt note. The company announced that it had distributed $363,000 to settle the outstanding obligation, thereby removing it from the books. The note presented a dilution risk for shareholders, noted ISWH management, who reiterated that the company is committed to preventing dilution risk as part of its official anti-dilution strategic initiative, introduced last year. As part of that initiative, ISWH is regularly and consistently evaluating its financial situation and taking steps to eliminate, cancel or…