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TinyMassive announces conversion of debt into units
Jan 29, 2010 (12:01 PM EST)
The Canadian National Stock Exchange has not approved nor disapproved the contents of this press release.
CNSX Symbol: TNY
VANCOUVER, Jan. 29 /PRNewswire-FirstCall/ - TinyMassive Technologies Inc. is pleased to announce that it has effected a conversion of $103,825 plus accrued interest of $5,806.20 of its long term debt into units at a price of $0.20 per unit. Each unit consists of one common share and one-half of a share purchase warrant exercisable for a term of two years at a price of $0.35. The debt conversion resulted in the issuance of 548,155 common shares and warrants to purchase 274,077 common shares in the capital of TinyMassive. No commission is payable in relation to the debt conversion.
TinyMassive is in the business of operating an online comparison shopping engine, www.tinymassive.com, and complimentary technology including a Twitter application that allows users to find the lowest product price. TinyMassive is a development stage company.
On behalf of the Board of Directors "Lauren Miller" President, Chief Executive Officer and Director
SOURCE TinyMassive Technologies Inc.