Green Endeavors Inc. (fka GRNE)

[ANIA77]

this is exactly what CEO does. He didn't take any new convertible note. He borrowed money from the SAKL other subsidiary and GRNE has monthly payments to repay debt.
He manages all companies and knows its financial situation better than anybody. I don't think he would lend money to GRNE if he knew that they are not capable to make monthly payments.
Yes, they have high interest rate but he needs to be fair to both parties I guess.. I think it's way better than taking on new convertible notes.

per 10k:

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.

Also, why would he just use cash to pay off JMJ and LG and KBM earlier if he was planning to add new notes ?

per PR dated 04/01/2016

GRNE also noted that it has made cash payments totaling over $40,000 settling all convertible debentures that remained with JMJ Financial and LG Funding, LLC.

http://www.marketwired.com/press-release/grne-reports-revenues-of-780569-for-q1-16-an-increase-of-11-otc-pink-grne-2111176.htm

I think we are really good here.

GRNE