Glucose Health Inc. (GLUC)

[Altitrade Partners]

The only convertible debt remaining is held by the CEO, Murray Fleming. No other parties are holders of GLUC convertible debt instruments.

The capital structure looks clean and very encouraging; especially for an OTC pink sheets company.

<<"A portion of the $460,000 investment proceeds, received in the Company's bank account last week, was immediately deployed for full and final payment of a $165,365 dilutive "convertible to equity" debt security, which originated from convertible promissory note financings entered into by GLUC, beginning in fiscal year 2013.">>

<<"Based upon a pro-forma estimate using the most recently published GLUC balance sheet (December 31, 2018), total non-related party convertible debt is expected to be reduced by 82%, from $194,611 to $34,876.">>

<<"CEO Murray Fleming stated, "this remaining $34,876 of non-related party convertible debt is not a significant dilutive risk in the near term, and accordingly I have elected to not retire it, at this time".">>

https://finance.yahoo.com/news/glucose-health-inc-raises-460-110000088.html