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Eightco Provides Shareholder Update
OCTOEightco (OCTO) Newsfilter·2024-07-16 12:30

Significant Improvement in Financial Condition Allows Renewed Focus on Revenue Growth The Company has made significant progress in the first half of 2024 improving its financial condition, most notably through the elimination of 5.4millioninconvertiblenotesandincreasingshareholderequitybyover5.4 million in convertible notes and increasing shareholder equity by over 23 million which allows a renewed focus on the growth of its subsidiary, Forever 8 Fund LLC ("Forever 8".) During 2024, the Company eliminated significant costs and roles related to the management of variou ...