WorldTradeShow.com, Inc. Reduces Debt of $1.95 Million Dollars.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- WorldTradeShow.com, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :WTSW WTSW White-Throated Swift (bird species Aeronautes saxatalis) ), a Nevada corporation, specializes in producing and marketing online travel/tourism, import/export and meeting/convention industries, announces today it has taken off $1.95 million dollars in debt off the balance sheet. WorldTradeShow.com, Inc. has paid off the debt of over $1.95 million dollars through the issuance of restricted 144 stock to the creditors. The company is being listed on the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTC BB and will be seeking funding at that time. The company issued 5,211,580 restricted 144 stock at $0.375 per share from the treasury to pay off the debt of $1.95M dollars. Sheldon Silverman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , says "Cleaning up the balance sheet is one of the steps needed to get WorldTradeShow.com ready to receive funding for expanding growth. We are looking forward to trading on the OTC BB with a much better bottom line." About the Company: WorldTradeShow.com, Inc., (www.WorldTradeShow.com), is a leading edge online business tradeshow and marketing company. Using the latest broadband technologies, the Company delivers real-time Virtual Tradeshow experience via the Internet. Its web portal contains a comprehensive database of updated tradeshows, conventions and expositions worldwide. |
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