Additional International Monetary
Systems Debt Converted To Equity
International Monetary Systems revealed that
two private investors who were holding $300,000 in convertible notes
have completed the conversion of their positions to equity. This
brings the total of such notes converted since March of 2007 to $1
million.
Don Mardak, IMS President and CEO, stated:
�Once again, these investors have demonstrated their faith in the
future of International Monetary Systems by converting their
interest-bearing notes to IMS shares. Without their original
investments, we could not have achieved the remarkable revenue
growth that we have shown throughout 2007, and their wisdom and
counsel have been most insightful.�
