Notis Global Inc. (fka NGBL)

[29YEARINVESTOR]

Get a clue read the latest filings: I think 51% will do the trick!

Trava is to satisfy all of our Pueblo Farm-related past due expenses and, subject to certain limitations, to pay all current and future operational expenses of the Pueblo Farm operations. Finally, commencing October 2017, Trava is obligated to make the monthly mortgage payments on the Pueblo Farm, although we remain responsible for any and all “balloon payments” due under the mortgage. On a cumulative calendar monthly cash-on-cash basis, Trava is obligated to tender to us or, at our option, to either or both of our subsidiaries, an amount equivalent to 51% of the net cash for each such calendar month.
Such monthly payments are on the 10 th calendar day following the end of a calendar month for which such tender is required.
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12176021