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VIP Play Amends Convertible Notes and Secures New Loan

Story Highlights
  • VIP Play, Inc. entered financial agreements with investors totaling $850,000.
  • The maturity dates of these notes were extended, and Hackel provided an additional $100,000 loan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
VIP Play Amends Convertible Notes and Secures New Loan

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VIP Play ( (VIPZ) ) has provided an update.

VIP Play, Inc., a Nevada corporation, announced a series of financial agreements involving convertible promissory notes with investors Rick Hackel, Dennis Colletti, and The Access Fund I, LP, totaling $850,000. Originally set to mature in 2024, these notes have undergone amendments to extend their maturity dates to 2025 and 2026, with adjustments to the conversion price terms. Additionally, Hackel provided an extra $100,000 loan under similar terms, highlighting the company’s ongoing financial engagements and strategic adjustments.

More about VIP Play

Average Trading Volume: 19,693

Technical Sentiment Signal: Sell

Current Market Cap: $15.29M

Learn more about VIPZ stock on TipRanks’ Stock Analysis page.

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