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LAV

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Alias Born 05/24/2014

LAV

Re: aries4747 post# 21958

Saturday, 03/19/2016 8:49:42 AM

Saturday, March 19, 2016 8:49:42 AM

Post# of 23033
LG and JMJ seem to have converted the notes they had already the last 2-3 weeks. Now GRNE should generate some revenue from the $200,00 that they loaned which will be 20.1% approx. $40,200.


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." /quote]

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