(RTTNews) -
LEEP Inc. (LPPI.PK:
News ) said that it has reached debt settlement agreements with its major institutional, secured and unsecured creditors.
Settling millions of dollars of long term debt liability, and eliminating the associated debt service, will enable the company to operate with positive cash flow, the company noted.
The company added that its management is aggressively implementing a marketing program as the next step in its business plan.
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by RTT Staff Writer
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