$CNNA it does matter who owned the $30,000 in debt. It was bought by the CEO and then cancelled. That means the debt no longer exists.
"The debt was purchased privately by Cann American CEO, Jason Black, and subsequently cancelled in the interest of maintaining and increasing shareholder value. All cancellations will be reflected in future quarterly and annual filings.
In addition to eliminating convertible notes, Cann American is also in talks to cancel several million shares outstanding, which the Company believes will close very soon."
1) Done.
2) Something to look forward too
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