I.C. Isaacs Announces Conversion of Preferred Stock to Common Shares And Extension of $20 Million Line of Credit.

Publication: PR Newswire

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COPYRIGHT 2002 PR Newswire Association LLC

I.C. Isaacs & Company, Inc. (BULLETIN BOARD: ISAC) today announced that the 3.3 million shares of Series A Convertible Preferred Stock acquired by Textile Investment International S.A. on May 6, 2002 was converted to common stock November 26, 2002. The Company, Textile Investment and certain of Textile's affiliates entered into...

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