Green Leaf Innovations Inc (GRLF)

[Warmy]

Thanks fingers!...

UPDATE FROM CEO - 12/23/13

It has been two weeks since my last update. While the Company continues to negotiate a settlement with Gelpid, I thought I would provide some additional information:

The Company and JFenway have agreed to and documented a reduction of the debt from approximately $1MM to $225,000.

The Company has provided Steven Corso, CPA all items from several punch lists and is awaiting completion of the audit.

I would like to touch on another topic, a reverse split. At this point in time, it makes no sense to do a reverse split. Without the benefit of a settlement, “uplisting” and clear path to growth, performing a reverse split is a guaranteed return to the triple zeros.

I realize that 2013 has not been a good year for the Company and shareholders. I will endeavor to complete the tasks necessary to move the Company forward. Having said that, I wish all shareholders a safe and enjoyable holiday season.

http://gdsmholdings.com/investors/ask-the-ceo1.html