QualityStocksNewsBreaks – Astra Energy Inc. (ASRE) Pays Off Convertible Note to Avoid Dilution of Stock, Protect Shareholder Interest
Astra Energy (OTCQB: ASRE), a renewable and waste-to-energy project developer and technology acquisition company, announced that it has paid off the only convertible note on the company’s balance sheet. According to the announcement, Ron Loudoun, the company’s new chair and CEO, prepaid the note to avoid any potential dilution to the company’s stock and to protect shareholder interest. Loudoun brings an impressive resume to his new position, with experience in business development and operational leadership as well as a proven track record of achieving common goals that advance aligned strategic priorities for the companies he is serving. "Astra is at…