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09/11/2007

Additional International Monetary Systems Debt Converted To Equity

International Monetary Systems revealed that two private investors who were holding $300,000 in convertible notes have completed the conversion of their positions to equity. This brings the total of such notes converted since March of 2007 to $1 million.

Don Mardak, IMS President and CEO, stated: “Once again, these investors have demonstrated their faith in the future of International Monetary Systems by converting their interest-bearing notes to IMS shares. Without their original investments, we could not have achieved the remarkable revenue growth that we have shown throughout 2007, and their wisdom and counsel have been most insightful.”


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