Peeks Social Closes Second Tranche of Convertible Debenture Financing
TORONTO, Jan. 11, 2019 (GLOBE NEWSWIRE) - Peeks Social Ltd. (TSXV: PEEK; OTCQB: PKSLF) (“ Peek s Social ” or the “ Company ”) is pleased to announce that it has closed the second tranche (the “ Second Tranche ”) of its non-brokered private placement of senior secured convertible debentures (“ Debentures ”) announced in its December 27, 2018 news release (the “ Offering ”).
The Second Tranche was comprised of Debentures in the principal amount of $52,500. Debentures issued under the Second Tranche will have a term of two years and will bear interest at a rate of 8% per annum, provided that the interest rate will increase to 12% per annum upon the occurrence of certain events of default. Further, the repayment of the principal amount of the Debentures and any accrued but unpaid interest thereon will be secured by a general security agreement over all of the Company’s assets. The Debentures will be convertible, in whole or in part, at the option of the holder, into common shares of...
January 11, 2019
Peeks Social Provides an Update on the Launch of Personas Social Network
TORONTO, Jan. 08, 2019 (GLOBE NEWSWIRE) - Peeks Social Ltd. (TSXV:PEEK) (OTCQB:PKSLF) (“Peeks Social” or “the Company”) is pleased to provide an update on the pending launch of the Personas social network (“Personas”).
Personas Profile Template Personas Photo Upload Template Personas Profile Upload Selection Template Personas Chats Request template Personas is an ecommerce enabled video and image sharing social network that provides users with a video chat based payments system (ChatCash). Personas’ ChatCash service allows users to provide (and charge for) one-on-one private tutorials, consulting services, help desk services and any other service that is typically delivered through one-on-one chat Personas technology and policies are purpose designed to satisfy user demands for a “Hate Free Space” on the internet where personal privacy is protected. Personas provides greater privacy in a variety of ways; for one, by allowing users to segment their social media following into...
January 8, 2019

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