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Tuesday, February 20, 2018 6:09:56 AM
The NuLeaf Sparks Note automatically converts into 50% of the membership interests of NuLeaf Sparks upon approval from the State of Nevada. The NuLeaf Reno Note automatically converts into 50% of the membership interests of NuLeaf Reno upon approval from the State of Nevada. In the event either NuLeaf Sparks or NuLeaf Reno does not receive approval from the State of Nevada for such conversion by May 1, 2018, the applicable Convertible Promissory Note will become due and payable in equal quarterly installments of principal and interest beginning on August 1, 2018. Each Convertible Promissory Note accrues interest at a rate of 6% per annum, payable quarterly. Neither Convertible Promissory Note may be prepaid without the prior written consent of the Company.
68 DAYS UNTILL IT BECOMES A 6% LOAN
IF I WAS NULEAF I WOULD WANT TO OWN 100% SO WHY PUSH GETTING THE LICENSE BEFORE MAY 1ST.
the funny part is you *BRIAR WILL HAVE NOTHING TO SAY ABOUY THIS. JUST LIKE YOU HAD NOTHING TO SAY ABOUT PAST NEVADA CULTIVARION PROMISES. YOU LNOW THE ONE DERRICK MADE ABOUT NEVADA CULTIVATION BEING DONE IN JANUARY 2017.
MY QUESTION IS HOW DO YOU EXPLAIN PAST CULTIVATION PROMISES?
FOOL ME ONCE......
A LMAO LOOKS LIKE WE MIGHT LOAN MONEY FOR LESS THEN WE PAID FOR IT.
ITS 50-50
News tab in i hub 8k on 11-1-17 if you want to read the rest.
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