Suncliff Inc (SCLF)

[big rig 1]

To: All Canadian GreenLink International Inc. Shareholders
Previously Westsphere Asset Corporation/E-Debit Global Corporation Listed for Trading on the OTC Markets (“WSHE”)
From: Doug Mac Donald, Director, and Chairman of the Board – Canadian Shareholder December 2, 2021
Re: Update and current status of Greenlink International Inc. (WSHE) OTC Markets Pink Sheets.
To All: This is an update to my last correspondence dated July 26, 2021. As previously reported Canadian Shareholders have continued to ask for updated information on the current status of Greenlink’s business development and most particularly what is the company’s status within in the public market (the OTC Pink Sheets). As in the past I have on the most part referred enquiries to Greenlink’s President Jake George’s internet postings but with Jake’s recent OTC and YouTube postings, the links are following: (https://www.otcmarkets.com/stock/WSHE/news/Greenlink-Launches-Innovative-CBD-Sleep-Project-to-Support- Mental-and-Physical-Wellness?id=333746 and https://www.youtube.com/watch?v=G1u0AR9_Rwk ) I am now in a position to give a little more context from a Canadian shareholder perspective.
Firstly, I will address Greenlink’s current listing with the OTC Markets Pink Sheets (WSHE).
Since September 2018 and the acquisition of assets by WSHE from Affordable Green Holding LLC the results both operationally and financially (including market cap evaluations) has been positive. For the past 40 months the trading value of WSHE has been orderly but the volumes of trading have been limited.
Prior to the 1st of June this year the SEC issued warnings to US brokerage firms regarding the suspension of trading of OTC Pink Sheet companies that have been designated with “Caveat Emptor” (“CE”) status for lack of current financial and operational disclosures. As a result, brokerages or trading firms such as TD America, E-trade etc. suspended accepting buy and sell orders related to companies which had the “CE” designation. At that time Greenlink International Inc. (“Greenlink and/or WSHE”) held the CE designation and as a result the average monthly trading price and market capitalization was dramatically affected and trading was suspended until August 24, 2021 when Greenlink announced the OTC Markets had removed the CE and brokerage firms in the US would again accept trading activity of WSHE.
Since August 24, 2021 (the date the US brokerage firms such as e-trade, TD Ameritrade etc. commenced continued trading of WSHE upon compliance of full financial reporting and disclosures which can be viewed at: https://www.otcmarkets.com/stock/WSHE/overview, the trading price since has ranged between a low of $0.025 and a high of $0.0799 on very limited trading volume (9,619,941 shares traded over 70 trading days with average trading volume of 150,312 shares and an average trading price of $0.043 USD). The results are Corporate Market Capitalization lying between $30 million USD (@ $0.025) and $96 million USD (@ $0.0799) and based on the 70 day average of $0.43 = $51.5 million USD.
You can review the historic trading prices through yahoo finance link: https://finance.yahoo.com/quote/WSHE/history?p=WSHE.
Note: I am not a trader, never had a trading account and have never sold a share of this company since its
inception in 1998 but I have been around the market and give the following from my own perspective. With
that said - the following should be reviewed as information only and not relied for making financial
decisions related to your shareholdings in Greenlink Internationals Inc. (WSHE).

Over the past several months Greenlink has been moving as quickly as possible to supply the OTC Markets Surveillance Group updated and ongoing required information to meet with OTC Markets requirements with the intention to become a fully reporting issuer for uplifting to the OTC:QB (Quotation Board) see link: https://www.otcmarkets.com/stock/WSHE/news/Greenlink-International-Inc-Announces-That-Its- Audit-Which-Will-Allow-It-To-Become-a-Fully-Reporting-Company-Will-Be-Com?id=331665 .
(As of this date: All filings to bring Greenlink under full disclosure with the OTC Markets have been submitted and can be viewed at https://www.otcmarkets.com/stock/WSHE/security .)
You can review the financials by clicking on the following links:
2021 Quarter Financials and other Disclosure Documents that have been filed:
https://www.otcmarkets.com/stock/WSHE/disclosure
Here is an update to some interesting numbers:
• As of September 30, 2021 – Total shares outstanding in WSHE – 1,199,030,522
• As of September 30 , 2021 – Total shares held by Depository Trust Company (DTC) (market float) - 127,730,553
Continued Observation:
• 10.66% of the issued stock is available to the marketplace and are in brokerage trading accounts.
• 20.87% of the issued stock is held by the Principals of Affordable Green Holdings.
• (Estimated) – 55% +/- of the issued stock is held by Canadian shareholders with no access to brokerage
accounts.
The fact that we Canadian are holders of 55% ( +/-) of the shares leaves a very limited amount of shares in the market available for trading resulting in the market makers (click here for definition https://www.investopedia.com/terms/m/marketmaker.asp ) which according to short sale reporting records (link: https://otcshortreport.com/company/WSHE ) shows market maker short sales totaling 927,822 shares which represents 52% of the previous months trading activity. In discussions with a New York based investor group, they advise their unconfirmed belief that market-maker traders are in the area of a 30 million shares short position.
It is suggested that market makers which are participating within the WSHE marketplace hold a 3% short position.
• (Short selling is a trading strategy where an investor, believing that a security is over-valued, borrows (from a broker- dealer or institutional investor) and sells a security and then repurchases and returns (to the broker-dealer or institutional investor) the security at a lower price. In short selling two important points are to be considered – 1. Short selling carries with it unlimited risk because the purchase price of a security can rise to any price point. Conversely, long investors (buyers) may only lose the amount invested — if, for example, the security price drops to zero and;
2. Short sellers are subject to price manipulation schemes — or short squeezes. In a short squeeze, traders believing that there are a lot of short sellers begin buying shares to force the price and the short sellers losses higher. These traders hope that the short sellers will be forced to buy pushing the price even higher at which point they can sell their shares at a profit. Short squeezes are easier to execute in illiquid securities.)
Note:
ONCE AGAIN - I would highly recommend that as noted below you click on the following two links – the Greenlink twitter feed https://twitter.com/greenlink_int?lang=en and Greenlink President Jake George’s general overview he posted on youtu.be. https://youtu.be/OEVnMCKVs28 and I think you will find it quite informative and comprehensive.

You can also find WSHE online postings by clicking on the following Links as well:
• https://greenlinkholdings.com/
• https://twitter.com/greenlink_int?lang=en – NOTE – I WOULD RECOMMEND THESE TWO • https://youtu.be/OEVnMCKVs28
As we have all been long holders of WSHE shares I will not go over past history. If you need a little refresher, you can refer back to our pre September 1, 2018 SEC corporate filings with the Securities Exchange Commission for WSHE by clicking the following Link https://www.sec.gov/cgi-bin/browse- edgar?company=GreenLink+International+Inc.&match=&CIK=WSHE&filenum=&State=&Country=&SIC=&owner =include&Find=Find+Companies&action=getcompany.
As you may or may not be aware, I have remained on the Board of Directors of Greenlink and act in the capacity of Chairman of the Board with my last personal attendance at both the Farm Site and Production Centers located on the Farm in East Coulee, Washington and in Tacoma, Washington late fall 2019. At that time, I observed the expansion of the Farming Operation to accommodate the one (1) Tier 3 grow license located on the farm (approx. 1 acre +/-) to an additional 4 acres to accommodate an addition 3 Tier 3 licenses for a total of 120,000 square feet of marijuana plant canopy based on 30,000 square feet of plant canopy per license. Due to COVID travel restrictions I was not able to travel back to Washington to see the expansion which was concluded during the summer months of 2020 but have been advised of the issuance of 2 additional Tier 3 licenses with one pending.
Additionally, in the past year GreenLink International Inc. (WSHE) has been dealing with ongoing changes to the regulatory profile of the Washington State Liquor Control Board while growing the production footprint on our East Coulee, Washington located farm property of 250 acres with two (2) addition Tier 3 licenses under contract and the growth of the Suncliff Brands related to CBD product development which is continuing to expand.
I believe that Jake George’s twitter and youtu.be overviews give further description to the expansion of the farming and business operations being conducted by GreenLink. At the time of the Affordable Green Holdings LLC Asset Purchase on September 1, 2018, WSHE had no debt and a significant non-capital loss available to the Company. That non-capital loss is now $9,458,269 I continue to strongly support Jake George and the team he has in place operationally and administratively. Our business operations and opportunities in the space located in the State of Washington is one of the best in the industry and is expandable nationwide within the US.
• To clarify – Greenlink is a service and asset holding corporation that • https://youtu.be/OEVnMCKVs28
The expansion of Greenlink into the CBD business space through the Suncliff Brand (which was our first corporate acquisition after the transition in 2018 to Greenlink) has been nothing but stellar and with the passing of the Farm Bill in the US which completely legitimized hemp derivative products Greenlink can be looked at as a category leader in this burgeoning market segment.
Based on the change in the US administration and the reported Democratic view that marijuana should be removed from being listed under Schedule I of the Controlled Substances Act similar to the previous removal of hemp and the current Health Canada restrictions related to the Canadian Hemp industry and
holds real estate, equipment, brands,
and technology that are leased or licensed to legally operating CBD and cannabis entities. Over the past 20 months GreenLink has gone through a rigorous series of compliance, legal, and securities reviews and operates solely under federal regulations and state regulation of its corporate activities while dealing with
COVID 19 health and economic issues.
See Jake George’s overview:

CBD derived production there is an ongoing migration of Canadian based CBD industry leaders (ie: Tilray/Aphria, Canopy Growth Inc., Aurora Cannabis Inc, and now Austrailis) to the US for ongoing development.
Over the past months Jake George and his team have done a remarkable job both on the administrative side (move to uplifting WSHE from the pink sheets to fully reporting on the OTC:QB) and operationally, not only in the upgrade to the existing infrastructure of the farm and production facilities but to the special and unique place of our Suncliff CBD subsidiary within the US and potentially internationally sleep and wellness business space. (See previously identified link: https://www.youtube.com/watch?v=G1u0AR9_Rwk.
All of the foregoing information and comment is positive and holds great potential BUT it really does not matter to us Canadian shareholders what is being developed or the subsequent value of WSHE stock is as we have and will continue to have no access to Canadian Brokerage Accounts to place our shareholdings in.
o “TheCanadianandAlbertaSecuritiesCommissionregulation51-105datedMay10,2012initiated the policy causing the restriction of Canadian Brokerage Firms from trading US based OTC listed companies resulting in Canadian access to trading through Canadian Brokerage Firms being unavailable.”
o (Here is the link: https://lautorite.qc.ca/fileadmin/lautorite/reglementation/valeurs-mobilieres/51- 105/2012-05-10/2012mai10-51-105-avis-publ-en.pdf ).
Additional I have consulted and engaged Calgary, Alberta Canadian securities legal counsel for the removal of the administrative Cease Trade orders initiated by the BC and Alberta Securities Commission due to non-filing after our 2014 US SEC filing of Form 15 removing us from reporting issuer status. Regardless of the removal of the Cease Trade in Canada Canadian shareholders will remain locked out of trading OTC Markets listed shares within Canadian brokerage accounts.
This has placed the long-standing holders of the WSHE’s shares at a very distinct disadvantage in trading their share positions within the market and there is no evidence for this situation to change in the near or even far term.”
Concluding comments.
With the above in mind, I refer you to the following link – it is to the GreenLink message board. I have been watching on a semi regular basis over the past year and a half since being referred to the site by a group of long-standing New York based investor group that have been following WSHE for several years. It is an interesting site which is being continually commented on by a vocal and significant group of US shareholders to the tune of nearly 10,300 postings.
Take a look - https://investorshub.advfn.com/GreenLink-International-Inc-WSHE-14420/ . The core group of posters have in the past posted some very interesting and insightful observations and they are very knowledgeable particularly on the status of WSHE as a listed pink sheet company and their observations of WSHE business operations.
I will continue to follow up this correspondence over the next months or as I feel is necessary to keep our Canadian shareholders aware of ongoing events and circumstances. If you have questions or comments you can reach me at the following contact locations.

• Mail: #12, 3620 – 29th Street NE, Calgary, Alberta T1Y 5Z8 attention Doug Mac Donald
• Fax: [phone], Telephone – 403.276.2221
• E-mail: [e-mail] (preferable)
You can reach me at my office in Calgary, Alberta at 403.276-2221 if you have any questions. If I am not in to take your call at the time leave a message and call back number and I will call you as soon as I recover the message. Upon response could you advise your current e-mail address, contact phone number and address so we can put together a comprehensive and current contact list for our Canadian shareholders for follow up correspondence.
I can advise you my Canadian WSHE shareholder associates and I are continuing our review of all options related to gaining trading access to our long-held share positions and I will advise our ongoing progress in this regard probably in the New Year of 2022. To this, if you have any suggestions please advise and I assure you we will look at all opportunities and will respond back to you.
As we are entering the Christmas season I hope you and your family, friends and associates a healthy and safe Christmas 2021 holiday season.
Original signed by
Doug Mac Donald
Canadian Greenlink International Inc. shareholder and
Director and Chairman of the Board Greenlink International Inc.