Textmunication Holdings Inc. (OTCMKTS:FSTW) Files An 8-K Other Events
Item 8.01 Other Events
On February 15, 2017, an unrelated third party (the Purchaser)
acquired two outstanding convertible notes from the original
lenders. The convertible notes include a convertible promissory
note issued on September 22, 2015 in the principal amount of
$15,000 and another convertible promissory note issued on
November 5, 2015 in the principal amount of $30,500 (the Notes).
The Notes were convertible at a variable conversion price of 50%
of the lowest day market price of our common stock.
We and the Purchaser have agreed to revise the variable
conversion price in favor of a fixed $0.0001 per share conversion
price.
About Textmunication Holdings Inc. (OTCMKTS:FSTW)
Textmunication Holdings, Inc. is engaged in the provision of mobile marketing solutions, rewards and loyalty programs. The Company offers a mobile marketing platform where merchants can send customers the up-to-date offers, discounts, alerts and events schedules, such as happy hours, trivia night and other campaigns. The consumer can also access specials and promotions that merchants choose to distribute through the Company by opting keywords designated to the merchant’s keywords. This enables consumers to take their information wherever they go and learn about the latest buzz, as soon as it is available, providing the consumer with events, deals and messages on their cellphone through short messaging service. The Company offers its services to markets, including quick service restaurants; gyms, health and fitness; entertainment, including casinos, golf courses, bowling centers and comedy clubs, and retail stores, as well as bars, boutiques, dentists, salons and real estate agents. Textmunication Holdings Inc. (OTCMKTS:FSTW) Recent Trading Information
Textmunication Holdings Inc. (OTCMKTS:FSTW) closed its last trading session 00.0000 at 0.0150 with shares trading hands.
