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MVD.H Mega View Digital Entertainment Corp

0.02
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mega View Digital Entertainment Corp TSXV:MVD.H TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.02 0.02 0.08 0 01:00:00

Mega View Digital Entertainment Corporation Announces Loan Transactions

26/03/2013 1:24pm

Marketwired Canada


Mega View Digital Entertainment Corp. (TSX VENTURE:MVD.H) ("Mega View" or the
"Company") announces that a director of Mega View has advanced a total of
$75,000 to Mega View on an interest-free and unsecured basis to provide working
capital. This loan is payable on demand. To date, directors have advanced a
total of $150,000 on an interest-free and unsecured basis payable on demand. In
addition, a director has advanced $50,000 on an unsecured basis and payable on
demand with interest at a rate of 4% per annum and due on May 17, 2013. The
foregoing advances made by directors aggregate $200,000.


ON BEHALF OF THE BOARD OF DIRECTORS

CAUTIONARY STATEMENT: No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information contained
herein. This News Release includes certain "forward-looking statements". All
statements other than statements of historical fact, included in this release,
including, without limitation, future plans and objectives of the Company, are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are the risks detailed herein and
from time to time in the filings made by the Company with securities regulators
including the following: (i) Mega View has stopped commercial operations and has
no history of profit; (ii) investment in the common shares of Mega View is
highly speculative given the unknown nature of Mega View's business and its
present stage of development; (iii) the directors and officers of Mega View will
only devote a portion of their time to the business and affairs of Mega View and
some of them are or will be engaged in other projects or businesses such that
conflicts of interest may arise from time to time; and (iv) there can be no
assurance that an active and liquid market for Mega View's common shares will
develop and an investor may find it difficult to resell its common shares.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mega View Digital Entertainment Corporation
Chief Executive Officer
647.478.8468
905.475.9511 (FAX)

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