Las Vegas, NV-February 27, 2020 -- The 4Less Group (OTC PINK: FLESD) announced today that it has successfully reduced its convertible debt by approximately $1.1 million in exchange for 250 shares of The 4Less Group’s Series C Convertible Preferred Stock. The 250 shares of series C preferred represent an approximate 2.5% ownership stake in the company. “We are very pleased to have been able to reduce our convertible debt in such a significant manner,” said Timothy Armes, President of the 4Less...
The 4Less Group, Inc. Reduces Convertible Notes Payable Debt by Approximately 45%
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