Mr. Clayton Moore reports
NETCENTS CONVERTS DEBT TO COMMON SHARES
NetCents Technology Inc. will effect a debt conversion of $267,829.98 owing to HCG6 LP, a third party, unrelated private company.
The debt conversion will comprise units of NetCents Technology, each unit comprising one common share at 30 cents per share and one warrant exercisable at 40 cents per share. The debt conversion will result in the issuance of 892,766 common shares,
representing 2.63 per cent of the increased share capital of NetCents Technology, and 892,766
warrants, representing 18.95 per cent of the increased and outstanding warrants. No commission is
payable in relation to the debt conversion. The total amount of NetCents shares issued and
outstanding is now 34,790,251.
About NetCents Technology Inc.
NetCents is a next-generation on-line payment processing platform, offering consumers and
merchants on-line services for managing electronic payments. The company is focused on
capturing the migration from cash to digital currency by utilizing innovative blockchain
technology to provide payment solutions that are simple to use, secure and worry free.
NetCents works with its financial partners, mobile operators, exchanges and others to streamline the
user experience of transacting on-line.
We seek Safe Harbor.
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