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Home : True Drinks Announces Satisfaction of All Outstanding Notes Payable
Apr 01
2015

True Drinks Announces Satisfaction of All Outstanding Notes Payable

IRVINE, CA--(Marketwired - March 31, 2015) - True Drinks, Inc. (OTCQB: TRUU), makers of the zero-sugar, vitamin-enhanced AquaBallT Naturally Flavored Water, today announces a $2.7 million investment from Toba Capital Management. This cash infusion is in addition to the $4.0 million commitment from Toba Capital in February 2015. The new funds will be used to pay down existing noteholders. In addition, all remaining noteholders, representing a total of just over $1.2 million in principal and interest, have converted their notes into the Company's Series C financing.
Source:http://www.marketwired.com/mw/release.do?id=2005280&sourceType=3
 
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