Milestone Scientific Directors Convert $465K Loans Into Equity, Eliminating Debt And Achieving Debt‑Free Balance Sheet
Milestone Scientific Inc. (MLSS), a leading developer of computerized drug delivery instruments that provide painless and precise injections, today announced that three members of its Board of Directors have converted
Three leaders at Milestone Scientific turned $465,000 they lent the company into ownership stakes instead, so the company no longer owes that money back. This shows the company cleaned up its finances and that its leaders believe in its future enough to own a bigger piece of it.
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