The settlement of debt improves the balance sheet and will increase cash flow.
The securities issued are subject to a hold period expiring four months and one day from the date of issuance, in addition to such other restrictions as may apply under applicable securities laws in jurisdictions outside of
ON BEHALF OF THE BOARD
Rick Baxter, CEO About Parkit:
www.parkitenterprise.com & www.canopyairportparking.com
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
FOR FURTHER INFORMATION PLEASE CONTACT:
Parkit Enterprise Inc. John LaGourgueinfo@parkitenterprise.com (604) 424-8701 Parkit Enterprise Inc.Suite 1088 - 999 West Hastings Street Vancouver, British ColumbiaCanada V6C 2W2 www.parkitenterprise.com Source: Parkit Enterprise Inc.