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Monday, May 15, 2023 1:12:26 PM
For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16535244&guid=Giu-kn85PXpFJth
22. Commitments and contingencies (continued)
b. Mortgage loans
The company has a mortgage loan as disclosed in note 13 above. The mortgage loan matured on July 19, 2022 and the Company currently owes $3,504,605. The terms of the loan are currently being negotiated.
For the fiscal year ended: December 31, 2021
https://sec.report/Document/0001903596-22-000192/
Muskoka Treatment Facility
The Muskoka Treatment Facility is located in Bala, Ontario, 3571 Highway 169. The property is 43 acres and contains approximately 48,000 square feet of buildings. The property is wholly owned by CCH and has been leased to CART for an initial term of five years, which ended on February 28, 2022. The tenant exercised its option to extend the lease term for an additional five years. The lease gives the tenant an option to extend for two additional five (5) year terms, an option to purchase the property at any time for a purchase price of CDN$7,000,000 in the first thirty six (36) months...
December 2020 debt restructuring 8K
https://www.otcmarkets.com/filing/html?id=14554778&guid=Giu-kn85PXpFJth
Leonite Capital LLC
2. $700,000 of the note was converted into Series A Redeemable Preferred shares in the Company’s subsidiary, Cranberry Cove Holdings, accruing dividends at 10% per annum.
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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