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aries4747

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aries4747

Re: benosufan post# 21957

Friday, 03/18/2016 4:17:56 PM

Friday, March 18, 2016 4:17:56 PM

Post# of 23033
Wow! Instead of paying off LG and JMJ convertible debt (less than $100K total), GRNE instead chose to loan Color Me Rad $200,000.

"On September 3, 2016 Landis Salons Inc. entered into a Memorandum of Intercompany Loan with Color Me Rad LLC, a related party, to advance $200,000. This sum is to be repaid in weekly payments of not less than $4,350, with interest at the rate of 20.1% per annum."
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