GEQU has zero Toxic Debt on the books. GEQU has zero Dilution... GEQU has not taken on any loans at all.
This recent 8k was a settlement on a old debt from 2013 when the company was just getting started. The company they settled with wanted a extraordinarily amount of Interest and GEQU felt that was waaaay out of line and would not agree on such terms. So they let it sit until the debtors wanted to settle which is what we did in an amazing way! This is a cash settlement as stated in the 8k and will be paid off in cash. This is 100% not convertible into stock. A straight Big Board settlement in Cash.
Q3 is going to show a massive reduction in debt....
I hope this explains what your looking. We are 100% toxic debt free and zero shares coming to the float. They are all restricted by insiders and affiliated. Our Management is top notch and building a business for a much higher exchange. OTCQB os just a pit stop.
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