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BRIEF-Root9B announces Notice of Foreclosure sale of its assets

路透新闻 ·  Aug 19, 2017 07:13

Aug 18 (Reuters) - Root9B Holdings Inc (RTNB.O) :

* Says as result of default on secured debt, received foreclosure notice from agent of co's secured creditors

* Says to satisfy co's outstanding secured indebtedness, Centriole Reinsurance intends to sell substantially all of co's assets at auction

* President Dan Wachtler says disagrees with actions being taken by agent and continue to pursue alternatives to the auction process

Source text: (http://bit.ly/2vKOOOS) Further company coverage: (RTNB.O)

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