Sack Lunch Productions Inc (SAKL)

[benosufan]

All IMO of course....The PR was misleading considering SAKL now owes LCF Salons LLC $300,000 as part of that whole TCA/GRNE deal. Surber had to find a way to maintain his control over his salon business (GRNE) since TCA must have seized it from him for defaulting on the TCA loan. So he had Logan resign from GRNE last year, create his own LLC, and had LCF Salons LLC borrow 100k from another company Surber is involved with to pay TCA so they would release the GRNE shares. Of course those shares go to LCF salons LLC under Surber's former right hand man at GRNE Logan Fast. Surber remains President, CEO, CFO of GRNE. It's just the controlling interest is now held at LCF Salons LLC. Logan Fast get's a net $200,000 for his willingness to work with Surber.....BRILLIANT WORK! Amazing stuff happens in the OTC. I have to give Surber credit here...he cleans up some debts on SAKL balance sheets, maintains his control over GRNE via LCF Salons LLC/Logan Fast, and gets people to believe he sold those GRNE shares to LCF Salons LLC for 100k. I have learned so much over the years watching Surber. He's a genius when it comes to working these OTC tickers.


From the GRNE 8k

LCF paid $100,000 to obtain a release of the claims of TCA Global Credit against SAKL and the transfer of the Salon Businesses to LCF and the Company has entered into a promissory note in the amount of $300,000 to be paid to LCF for the release obtained by LCF from the TCA obligations

LCF obtained the funds through a loan from DHX Holdings LLC to LCF, Richard Surber is a member/manager of DHX.

From the SAKL PR

The shares in GRNE were sold for $100,000 in the form of a cash payment to a secured creditor of SAKL.