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Green Leaf Innovations, Inc. Advances Debt Reduction Strategy, Strengthening Shareholder Value

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Green Leaf Innovations, Inc. (OTCPK:GRLF), a Florida-based company in the premium cigar industry, has announced significant progress in its debt reduction strategy. The company has successfully reduced the majority of one outstanding note and is working to eliminate an additional $88,000 in notes in the coming weeks. Furthermore, GRLF is negotiating the removal of several hundred thousand dollars more in debt.

As part of its strategy to enhance shareholder value, GRLF has also reduced its authorized and issued shares by 5 billion this month. These actions aim to strengthen the company's financial position, clean up its balance sheet, and increase the value of remaining shares. CEO Roberto Mederos emphasized the company's focus on building a robust foundation for long-term success and value creation.

Green Leaf Innovations, Inc. (OTCPK:GRLF), una compagnia della Florida attiva nell'industria dei sigari premium, ha annunciato significativi progressi nella sua strategia di riduzione del debito. L'azienda ha ridotto con successo la maggior parte di una nota in sospeso e sta lavorando per eliminare ulteriori $88.000 in note nelle prossime settimane. Inoltre, GRLF sta negoziando l'estinzione di alcuni centinaia di migliaia di dollari di debito.

Come parte della sua strategia per aumentare il valore per gli azionisti, GRLF ha anche ridotto le sue azioni autorizzate e emesse di 5 miliardi questo mese. Queste azioni mirano a rafforzare la posizione finanziaria della compagnia, ripulire il bilancio e aumentare il valore delle azioni rimanenti. Il CEO Roberto Mederos ha sottolineato l’attenzione dell'azienda nel costruire una base solida per il successo a lungo termine e la creazione di valore.

Green Leaf Innovations, Inc. (OTCPK:GRLF), una empresa con sede en Florida en la industria de los cigarros premium, ha anunciado avances significativos en su Estrategia de reducción de deuda. La compañía ha logrado reducir la mayor parte de un pagaré pendiente y está trabajando para eliminar $88,000 en pagarés en las próximas semanas. Además, GRLF está negociando la eliminación de varios cientos de miles de dólares más en deuda.

Como parte de su estrategia para aumentar el valor para los accionistas, GRLF también ha reducido sus acciones autorizadas y emitidas en 5 mil millones este mes. Estas acciones tienen como objetivo fortalecer la posición financiera de la empresa, limpiar su balance y aumentar el valor de las acciones restantes. El CEO Roberto Mederos enfatizó el enfoque de la compañía en construir una base sólida para el éxito a largo plazo y la creación de valor.

Green Leaf Innovations, Inc. (OTCPK:GRLF), 플로리다에 본사를 둔 프리미엄 시가 산업의 회사가 부채 감소 전략에서 중요한 진전을 발표했습니다. 회사는 기존의 대부분의 메모를 성공적으로 줄였으며, 향후 몇 주 안에 $88,000의 메모를 없애기 위해 노력하고 있습니다. 또한, GRLF는 수십만 달러의 부채를 더 제거하기 위한 협상을 진행하고 있습니다.

주주 가치를 향상시키기 위한 전략의 일환으로, GRLF는 이번 달 5억 주의 허가 및 발행 주식을 줄였습니다. 이러한 조치는 회사의 재무 상태를 강화하고, 재무제표를 정리하며, 나머지 주식의 가치를 높이는 것을 목표로 합니다. CEO 로베르토 메데로스는 회사가 장기적인 성공과 가치 창출을 위한 견고한 기반을 구축하기 위해 집중하고 있다고 강조했습니다.

Green Leaf Innovations, Inc. (OTCPK:GRLF), une entreprise basée en Floride dans l'industrie des cigares haut de gamme, a annoncé des progrès significatifs dans sa stratégie de réduction de la dette. L'entreprise a réussi à réduire la majorité d'une note en souffrance et travaille pour éliminer 88 000 $ en notes au cours des prochaines semaines. De plus, GRLF négocie la suppression de plusieurs centaines de milliers de dollars de dettes.

Dans le cadre de sa stratégie visant à accroître la valeur pour les actionnaires, GRLF a également réduit ses actions autorisées et émises de 5 milliards ce mois-ci. Ces actions visent à renforcer la situation financière de l'entreprise, à assainir sa comptabilité et à accroître la valeur des actions restantes. Le PDG Roberto Mederos a souligné l'engagement de l'entreprise à établir des bases solides pour un succès à long terme et la création de valeur.

Green Leaf Innovations, Inc. (OTCPK:GRLF), ein Unternehmen aus Florida in der Premium-Zigarrenindustrie, hat bedeutende Fortschritte bei seiner Schuldenreduktionsstrategie bekannt gegeben. Die Firma hat erfolgreich den Großteil einer ausstehenden Anleihe reduziert und arbeitet daran, weitere 88.000 $ an Anleihen in den kommenden Wochen zu beseitigen. Darüber hinaus verhandelt GRLF über die Streichung von mehreren Hunderttausend Dollar an Schulden.

Im Rahmen ihrer Strategie zur Wertsteigerung für die Aktionäre hat GRLF auch ihre autorisierten und ausgegebenen Aktien um 5 Milliarden reduziert. Diese Maßnahmen zielen darauf ab, die finanzielle Situation des Unternehmens zu stärken, die Bilanz zu bereinigen und den Wert der verbleibenden Aktien zu erhöhen. CEO Roberto Mederos betonte den Fokus des Unternehmens auf den Aufbau einer soliden Grundlage für langfristigen Erfolg und Wertschöpfung.

Positive
  • Successfully reduced the majority of one outstanding note
  • Working to eliminate an additional $88,000 in outstanding notes
  • Negotiating the removal of several hundred thousand dollars more in debt
  • Reduced authorized and issued shares by 5 billion
Negative
  • Significant existing debt burden requiring reduction efforts

PEMBROKE PINES, FL / ACCESSWIRE / August 27, 2024 / Green Leaf Innovations, Inc. (OTCPK:GRLF), a Florida-based emerging growth company engaged in the marketing and distribution of handmade premium cigars, is pleased to announce significant progress in its ongoing efforts to reduce corporate debt, thereby enhancing its financial position and creating stronger shareholder value.

In alignment with the Company's strategic goals, Green Leaf Innovations, Inc. has successfully reduced the majority of one of its outstanding notes, demonstrating its commitment to improving the company's financial health. Furthermore, the Company is actively working to eliminate an additional $88,000 in outstanding notes in the coming weeks. These efforts are part of a broader strategy to clean up the balance sheet, reducing the burden of debt and paving the way for sustainable growth.

CEO Roberto Mederos remarked, "Our focus remains on strengthening our financial foundation to ensure the long-term success of Green Leaf Innovations. By reducing our debt, we are not only cleaning up our balance sheet but also positioning ourselves to take advantage of new opportunities that will drive shareholder value."

In addition to the ongoing efforts to eliminate $88,000 in outstanding notes, the Company is currently negotiating the removal of several hundred thousand dollars more in debt. These actions reflect Green Leaf Innovations' commitment to minimizing financial liabilities, enhancing liquidity, and ultimately delivering greater returns to shareholders.

This month alone, Green Leaf Innovations took a bold step by reducing its authorized and issued shares by 5 billion, a clear testament to its dedication to optimizing its capital structure. By decreasing the number of shares, the Company aims to increase the value of each remaining share, providing shareholders with greater equity in a financially stronger company.

These strategic initiatives underscore Green Leaf Innovations, Inc.'s commitment to its shareholders and its vision for sustainable growth. As the Company continues to execute its debt reduction strategy, it remains focused on building a robust foundation that supports long-term value creation.

About Green Leaf Innovations, Inc.

Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.

Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter @otcgrlf.

For more information, press only:

Phone number: (800) 303-6268
Email: info@greenleafinnovation.com

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

Contact Information

RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268

SOURCE: Green Leaf Innovation,Inc.



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FAQ

What is Green Leaf Innovations' (GRLF) debt reduction strategy?

GRLF is reducing outstanding notes, eliminating $88,000 in notes in coming weeks, and negotiating removal of several hundred thousand dollars more in debt to clean up its balance sheet and enhance financial health.

How has GRLF reduced its share count as of August 2024?

Green Leaf Innovations (GRLF) reduced its authorized and issued shares by 5 billion this month, aiming to increase the value of remaining shares and provide shareholders with greater equity.

What is the main business of Green Leaf Innovations (GRLF)?

Green Leaf Innovations (GRLF) is engaged in the marketing and distribution of handmade premium cigars, importing and distributing brands such as CUBANACAN, MEDEROS, and TABACALERA SERRANO.

Who is the CEO of Green Leaf Innovations (GRLF) as of August 2024?

Roberto Mederos is the CEO of Green Leaf Innovations (GRLF) as of August 2024.

GREEN LEAF INNOVATNS INC

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Tobacco
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