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Re: Gulliver962 post# 4904

Monday, 06/10/2019 3:27:16 PM

Monday, June 10, 2019 3:27:16 PM

Post# of 7114
Angel Raise & Dilutive Debt Retirement

GLUC raised the equity capital at 5 & 7.5 cents. The investors have a minimum 2 year hold. Remaining current non-related party debt on the balance sheet is convertible at 10 cents. A couple of notes amounting to less than $10k do exist, however CEO has no contact with the note holders (notes can be paid out at any time if needed). Below is a link to more current financials. The next quarterly report due in August will show the improved balance sheet and more detail on the angel raise (which occurred after the end of Q1 so was included as a subsequent event).

https://www.otcmarkets.com/stock/GLUC/disclosure
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