ABCO Energy Pays Off Convertible Debt, Plans Retirement of Remainder

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Apr 12, 2019
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TUCSON, AZ / ACCESSWIRE / January 31, 2019 / ABCO Energy, Inc (OTC PINK: ABCE) (January 31, 2019) is pleased to announce that it has completed the purchase of one half of its outstanding convertible preferred stock before its maturity to prevent further dilution of ABCE shares. At today's prices this move has prevented more than 25,000,000 shares from coming on to the market. We expect to save an equal amount of dilution when we acquire the last convertible preferred series outstanding before maturity, which we intend to do in late February.