Gen 2 Technologies Inc (MNIZ)

[Still Learnin]

When did they say they got rid of all the debt? I did not see that in the latest PR. I saw a wordy way of saying the debt has “more favorable terms”. Ie, still debt and still no product that they’re marketing. If there is no debt, then they should say “the company now has no debt”.


“The Company is also pleased to announce that difficult and onerous debt has been extinguished allowing for a declining outstanding share profile over the near term, supported by previously announced buyback efforts. This has been accomplished through various credit and cash injections stemming from collaborations with new strategic partners on more favourable terms”