HUNTINGTON, NY–(Marketwired – May 16, 2016) – SeanieMac Holdings UK ( OTC PINK : BETS ) announces it had received an additional $200,000 in non-convertible non-toxic loans due in 2019. The proceeds of these loans were used to retire accounts payable, redeem notes and help in achieving our goal of becoming self-funded. The continued support of RDRD Holdings, a non-dilutive partner over the past 3 years, continues to play an important role in allowing the company to build a strong business base while helping us prepare for our much anticipated launch.
Safe Harbor Statement
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of SeanieMac International, Ltd. and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements regarding our expectations regarding amounts staked and gross profits and our marketing initiatives. Such risks and uncertainties include, among other things, the uncertainty regarding consumer preferences, a decline in the popularity of our website and competition in the online gambling industry. SeanieMac assumes no obligation and does not intend to update these forward-looking statements.
A further description of risks and uncertainties can be found in SeanieMac International, Ltd.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and in its reports on Form 10-Q and Form 8-K.