Life On Earth Inc (fka LFER)

[sharky]

The Company has come to terms with over 90% of our total debt holders that will allow it to move forward without detrimental dilution to the existing capitalization table. In fact, the bulk of our debt holders and affiliates have opted to exchange their debt into our Preferred Series instrument. This is a testament to our long-term investors and their long-term view for the future of our Company with SmartAxiom. This material event, along with the acquisition of SmartAxiom, shall rebalance the Company's balance sheet. All relevant financial details shall be on our next 10K and annual audit as subsequent events.




$LFER