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Thursday, 10/06/2016 4:46:08 PM

Thursday, October 06, 2016 4:46:08 PM

Post# of 23033
GRNE Settles $2,190,895 Debt
http://sports.yahoo.com/news/grne-settles-2-190-895-152034420.html
* Richard Surber, CEO of GRNE, commented: "The settlement will remove over $2M in liabilities from the balance sheet significantly improving GRNE's equity."

"The transaction will eliminate interest expenses of nearly $200,000 on an annual basis related to the debt which was negatively impacting GRNE's profitability. It is my belief that the elimination of the debt will make GRNE more attractive to potential acquisition canadidates and investors alike."


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