Aluf Holdings Inc (AHIX)

[Slojab]

They're a little short on details. In fact, I have no idea as to what they did to accomplish what they say they have done.

Aluf Holdings, Inc. ("AHIX") ("the Company") (OTC PINK: AHIX) announced major milestone
in strengthening its financial position by reducing Convertible Notes Payable and Accounts
Payable by a total of $751,908 as of March 31, 2021. Of that, Accounts Payable was decreased by
$173,685; while Convertible Notes Payable was decreased by $578,223, of which $362,723 was
settled in full (not converted).

“In an effort to position Aluf Holdings for execution of our acquisition strategy, we took great care
in eliminating debt from our balance sheet with minimal impact to shareholders. We were able to
settle a majority of convertible debt without conversion, deceasing potential dilution significantly.
While most OTC companies fall prey to toxic noteholders, our debt partners are taking part in our
future growth,” says Teresa McWilliams CFO of Aluf Holdings. “We plan on making updates on
our acquisition strategy and progress to date in the near future.”