PayMeOn, Inc. (OTCBB:PAYM) today announced the following transactions:
Celentano Consulting Company, LLC has converted a series of
Convertible Notes with a principal amount of $794,861 and accrued
interest of $65,652 into 2,494,241 common shares of PayMeOn, Inc. The
Notes were converted into common stock at more than a 30% premium to
the current price of the Company’s common stock.
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