Stewards extends maturity of USD 1.6 million promissory note installment to Oct. 15
Bitget2026/09/22 10:02- Stewards extended the maturity of a USD 1.6 million promissory note installment owed to FAVO Holdings to Oct. 15, 2026.
- Interest stays at 10% from Sept. 1 to Oct. 15, totaling USD 20,000, payable with the installment.
- Previously accrued unpaid interest remains outstanding, due on Oct. 15 alongside the principal.
- 15% default interest is waived through Oct. 15, reinstating on any unpaid amounts from that date.
- FAVO is a related party owned 65% by Vincent Napolitano, 35% by Shaun Quin, who recused himself.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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