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Re: Sprycel post# 41585

Wednesday, 09/09/2020 4:28:30 PM

Wednesday, September 09, 2020 4:28:30 PM

Post# of 52109
It looks to me according to the latest filing that no debt is due till Jan 2021...

THE GREATER CANNABIS COMPANY, INC.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For the Six Months Ended June 30, 2020 and 2019

(Unaudited)



NOTE F - DERIVATIVE LIABILITY



The derivative liability consists of:




June 30,

2020


December 31,

2019


Convertible Promissory Note dated February 12, 2019 payable to Eagle Equities, LLC. Please see NOTE E – NOTES PAYABLE TO THIRD PARTIES for further information (i):
Due February 12, 2020

$ 77,474 $ 182,625
Due January 17, 2021 135,983 -
Due February 12, 2021 78,277 -
Due June 3, 2021 40,361
Convertible Promissory Note dated January 27, 2020 payable to GW Holdings Group, LLC. Please see NOTE E – NOTES PAYABLE TO THIRD PARTIES for further information (iii)
Due January 27, 2021 159,410 -
Due June 1, 2021 48,182 -
Convertible Promissory Notes dated October 18, 2019 payable to Emet. Please see NOTE E – NOTES PAYABLE TO THIRD PARTIES for further information (ii):



$451,505 note due October 18, 2021 - 328,953
$112,876 note due October 18, 2021 - 100,680
$ 99,331 note due October 18, 2021 - 88,599
$ 11,288 note due October 18, 2021 - 10,068
$ 25,587 note due October 18, 2021 - 14,940
Total derivative liability $ 539,686 $ 725,865
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