Beyond Commerce, Inc. Receives $1,500,000 from Linlithgow Holdings, LLC

Bookmark and Share HENDERSON, Nev., May 22 /PRNewswire-FirstCall/ -- Beyond Commerce, Inc. (OTC Bulletin Board: BYOC - News) , an E-commerce solutions, local advertising and niche social networking company, today announced, that Linlithgow Holdings, LLC ("Linlithgow,") an entity owned and controlled by the immediate family of the Company's Chief Executive Officer, Robert McNulty, has provided the Company with an additional $1,500,000 in liquidity. Linlithgow putting these funds into the Company has strengthened the Company's cash position. The transaction has been approved by the independent board members, assuring the Company of an arm's length market value debt instrument for this risk.

Mark Noffke, the Company's Chief Financial Officer stated, "this is an important transaction for the Company as it puts the Company in a stronger financial position going forward. We are excited about the opportunities this transaction will afford us. We feel it is a testament to the Company and its management that we have the confidence of the McNulty family to ensure the success of Beyond Commerce, Inc. They have stepped up and put their money to work, at a time when many investors continue to sit on the sidelines."

Through this transaction, the Company has received $1,500,000 in cash proceeds. Robert McNulty is not a member, nor a manager, of Linlithgow and he disclaims any beneficial interests in shares held by Linlithgow. Mr. McNulty does not have ownership or the right to exercise any voting rights in respect of these shares, nor does he have the right to dispose of these shares. This $1.5 million cash infusion, along with a newly established $50 million monthly line of credit for card processing, will ensure the Company's continued growth and rapid expansion.

More Beyond Commerce News & Views brought to you by Big Boys Lifestyle

We hope you will take time to share your story!

We dedicate this space to OUR FALLEN BROTHERS and to Those Who Served - Lest We Forget! Please use it to share your memories and stories.

[ ? ]

Upload 1-4 Pictures or Graphics (optional)[ ? ]


Click here to upload more images (optional)

Author Information (optional)

To receive credit as the author, enter your information below.

(first or full name)

(e.g., City, State, Country)

Submit Your Contribution

 submission guidelines.

(You can preview and edit on the next page)

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

Sign up for a FREE email account.
Email Login
New users sign up here!
powered by

Do You Vape? Vape Vapermones for Health!Vape Vapermones to improve our health

Browse BigBiz Directory - BigBoysLifestyle

Search BigBiz Directory - BigBoysLifestyle

Submit Directory Listing- BigBoysLifestyle

Power Your Business! Add your free listing to the Big Lifestyle Directory.

GiveAway of the Day – FREE - Every DayFree - Everyday - Software

FREE - Every day - Access to DoctorsFree access to doctors