Monday, December 22, 2014

Staffing 360 Solutions Announces Above-Market Conversion of $3.3 Million Debt Into Equity


Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company executing a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and Europe, today announced that as part of its Pathway to Profitability, the Company has converted or agreed to convert approximately $3.3 million of the principal and interest of certain promissory notes issued in connection with the acquisition of Initio International Holdings, Inc. into shares of common stock at $1.00 per share, plus warrants.
http://bit.ly/1GPmLLx

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