ISIGN MEDIA SOLUTIONS INC - ISDSF STOCK NEWS

iSIGN Media Solutions Inc. (OTC: ISDSF) has received final regulatory approval for a debt settlement arrangement, issuing 7,222,277 shares at $0.05 each to eliminate $361,114 in debts. This initiative is part of a larger strategy to convert approximately $1.091 million of debt to equity and restructure another $2.880 million into long-term liabilities. Positive feedback has been received regarding iSIGN's new Passive Historical Contact Tracing and In-Home Health technologies. Further announcements are expected soon.

iSIGN Media Solutions Inc. (OTC: ISDSF) has received final approval for a debt settlement arrangement involving shares for debt transactions. This follows an earlier agreement allowing creditors to convert approximately $3.241 million in liabilities into new debentures with a 12% interest rate. iSIGN has issued 14,608,936 shares at $0.05 each to settle $730,447 in debt. The company anticipates further debt reduction with an additional shares for debt transaction of approximately $361,114 pending regulatory approval. Josip Kozar, a major shareholder, is associated with the arrangement.

iSIGN Media Solutions Inc. (TSX-V: ISD, OTC: ISDSF) announces successful negotiations with SIMBL Business Enablement Inc. for exclusive rights to contact tracing and In-Home Health technologies. The solutions include Passive Historical Contact Tracing (PHACT), a platform for monitoring movement and crowd behavior, and an AI-powered In-Home Health platform aggregating health information. Both are scalable with additional Health Monitoring Gateways and mobile verification passports. Positive feedback from resellers and clients suggests revenue may be achieved in the next six months.

iSIGN Media Solutions Inc. (TSX-V: ISD, OTC: ISDSF) announced a debt settlement arrangement involving the issuance of 7,222,277 common shares at a price of $0.05 per share, settling debts totaling $361,114.

This transaction includes related party transactions with Josip Kozar, the former CEO. After this transaction, Kozar's ownership will increase to 22% of outstanding shares, up from 19.5%. The arrangement requires approval from the TSX Venture Exchange and will impose a four-month hold period on shares post-approval.

iSIGN Media Solutions Inc. (TSX-V: ISD, OTC: ISDSF) has received shareholder approval for Mr. Joe Kozar as a Control Person. The company plans to advance its business plan for 2022 by updating its core solutions and exploring new technologies like contact tracing and healthcare monitoring. Additionally, iSIGN filed plans for two-year convertible debentures totaling $3.6 million, aimed at converting short-term liabilities into long-term ones. This includes provisions for warrant issuance worth $2.88 million and the conversion of existing debt into common shares at favorable prices.

iSIGN Media Solutions Inc. (OTC: ISDSF) has entered a Forbearance Agreement with creditors to restructure approximately $3.270 million in debt, improving its financial position. This agreement allows the company to focus on delivering its core solutions, including airport tracing and healthcare monitoring technologies. The management thanks stakeholders for their support and anticipates introducing new technologies within six months. Additionally, the company will seek shareholder approval for the debt restructuring and potential control changes involving major shareholder Joe Kozar.

iSIGN Media Solutions Inc. has announced the appointment of Mario Salerno as a Director, effective December 16, 2021. Mr. Salerno is the Principal and Co-Founder of SIMBL Business Enablement Inc., with extensive experience in enterprise sales and business development, having worked with notable companies like ADP and SAP. His expertise in technology and market execution is expected to enhance iSIGN's product development and service delivery. Alex Romanov, interim CEO of iSIGN, expressed confidence that Salerno's background will greatly benefit the company and its stakeholders.

iSIGN Media Solutions Inc. (ISDSF) has appointed Alex Romanov as interim CEO, leveraging his extensive knowledge and industry relationships to drive technology development and revenue growth. Romanov previously served as Strategic Advisor, and his leadership coincides with ongoing enhancements to iSIGN’s technology. The company emphasizes its focus on location-based security alert messaging and proximity marketing through Bluetooth and Wi-Fi connectivity, aiming to expand its innovative Smart suite of products.

iSIGN Media Solutions Inc. (TSX-V: ISD) (OTC: ISDSF) announced the resignation of CEO Josip Kozar, effective November 30, 2021. David Beck, Chairman, expressed gratitude for Kozar's contributions over the past two months. Kozar remains a major shareholder and is involved in enhancing shareholder value. The Board is reviewing options for a new CEO while announcing Brian Rohaly's appointment as a Director. Rohaly brings over 15 years of marketing experience with notable companies, enhancing iSIGN's leadership.