Green Leaf Innovations, Inc. Amplifies Growth Strategy With Debt Reduction, Strategic Acquisitions, and Enhanced Financial Transparency
Green Leaf Innovations, Inc. (OTCPK:GRLF), a Florida-based company specializing in premium cigars, has announced several strategic initiatives to boost growth and shareholder value. These include:
- Debt reduction: Reducing a majority of an outstanding note and plans to eliminate an additional $88,000 in notes
- Strategic acquisition: Signing a letter of intent to acquire SOFLO Wholesaler Group, Inc., a leading cigar distributor with $2.3 million in 2023 revenues
- Capital structure optimization: Reducing authorized and outstanding shares by 5 billion
- Financial transparency: Engaging Olayinka Oyebola & Co for a two-year audit, aiming for SEC reporting and OTCQB up listing
These moves aim to strengthen GRLF's financial health, expand market presence, and position the company for long-term success in the premium cigar industry.
Green Leaf Innovations, Inc. (OTCPK:GRLF), un'azienda della Florida specializzata in sigari premium, ha annunciato diverse iniziative strategiche per incrementare la crescita e il valore per gli azionisti. Queste includono:
- Riduzione del debito: Riduzione della maggior parte di un'obbligazione in essere e piani per eliminare ulteriori 88.000 dollari in note
- Acquisizione strategica: Firmare una lettera di intenti per acquisire SOFLO Wholesaler Group, Inc., un importante distributore di sigari con 2,3 milioni di dollari di fatturato nel 2023
- Ottimizzazione della struttura di capitale: Riduzione delle azioni autorizzate e in circolazione di 5 miliardi
- Trasparenza finanziaria: Collaborazione con Olayinka Oyebola & Co per un audit biennale, mirato alla segnalazione alla SEC e all'up listing su OTCQB
Questi interventi mirano a rafforzare la salute finanziaria di GRLF, espandere la presenza sul mercato e posizionare l'azienda per un successo a lungo termine nel settore dei sigari premium.
Green Leaf Innovations, Inc. (OTCPK:GRLF), una empresa con sede en Florida especializada en puros premium, ha anunciado varias iniciativas estratégicas para impulsar el crecimiento y el valor para los accionistas. Estas incluyen:
- Reducción de deuda: Reducción de la mayoría de un pagaré pendiente y planes para eliminar otros 88,000 dólares en notas
- Adquisición estratégica: Firma de una carta de intención para adquirir SOFLO Wholesaler Group, Inc., un distribuidor líder de puros con 2.3 millones de dólares en ingresos en 2023
- Optimización de la estructura de capital: Reducción de las acciones autorizadas y en circulación en 5 mil millones
- Transparencia financiera: Contratación de Olayinka Oyebola & Co para una auditoría de dos años, con el objetivo de cumplir con los informes de la SEC y la inclusión en OTCQB
Estos movimientos buscan fortalecer la salud financiera de GRLF, expandir la presencia en el mercado y posicionar a la empresa para el éxito a largo plazo en la industria de los puros premium.
그린 리프 이노베이션스, Inc. (OTCPK:GRLF)는 플로리다에 본사를 두고 있는 프리미엄 시가 전문 회사로, 성장을 촉진하고 주주 가치를 높이기 위한 여러 전략적 계획을 발표했습니다. 여기에는 다음이 포함됩니다:
- 부채 감소: 미결제 어음 대부분을 줄이고 추가로 88,000달러의 어음을 없앨 계획
- 전략적 인수: 2023년 매출 230만 달러를 기록한 주요 시가 유통업체인 SOFLO 도매업체 그룹, Inc.를 인수하기 위한 의향서 서명
- 자본 구조 최적화: 50억 개의 허가 및 발행 주식 감소
- 재무 투명성: SEC 보고 및 OTCQB 상장을 목표로 Olayinka Oyebola & Co와 협력하여 2년간의 감사 수행
이러한 움직임은 GRLF의 재무 건전성을 강화하고, 시장 존재감을 확장하며, 프리미엄 시가 산업에서 장기적인 성공을 위한 회사의 위치를 강화하는 것을 목표로 합니다.
Green Leaf Innovations, Inc. (OTCPK:GRLF), une entreprise basée en Floride spécialisée dans les cigares haut de gamme, a annoncé plusieurs initiatives stratégiques pour stimuler la croissance et la valeur pour les actionnaires. Celles-ci comprennent :
- Réduction de la dette: Réduction de la majorité d'une note impayée et plans pour éliminer 88 000 dollars supplémentaires en notes
- Acquisition stratégique: Signature d'une lettre d'intention pour acquérir SOFLO Wholesaler Group, Inc., un distributeur de cigares de premier plan avec un chiffre d'affaires de 2,3 millions de dollars en 2023
- Optimisation de la structure du capital: Réduction des actions autorisées et en circulation de 5 milliards
- Transparence financière: Engagement d'Olayinka Oyebola & Co pour un audit de deux ans, visant un rapport à la SEC et un listing OTCQB
Ces actions visent à renforcer la santé financière de GRLF, à élargir sa présence sur le marché et à positionner l'entreprise pour un succès à long terme dans l'industrie des cigares haut de gamme.
Green Leaf Innovations, Inc. (OTCPK:GRLF), ein in Florida ansässiges Unternehmen, das sich auf Premium-Zigarren spezialisiert hat, hat mehrere strategische Initiativen angekündigt, um das Wachstum und den Wert für die Aktionäre zu steigern. Dazu gehören:
- Schuldenabbau: Reduzierung der Mehrheit einer ausstehenden Note und Planung zur Eliminierung weiterer 88.000 Dollar an Noten
- Strategische Übernahme: Unterzeichnung eines Absichtsschreibens zur Übernahme der SOFLO Wholesaler Group, Inc., einem führenden Zigarrenvertreiber mit 2,3 Millionen Dollar Umsatz im Jahr 2023
- Optimierung der Kapitalstruktur: Reduzierung der genehmigten und ausgegebenen Aktien um 5 Milliarden
- Finanztransparenz: Beauftragung von Olayinka Oyebola & Co für eine zweijährige Prüfung, mit dem Ziel SEC-Berichterstattung und OTCQB-Listing
Diese Maßnahmen sollen die finanzielle Gesundheit von GRLF stärken, die Marktpräsenz erweitern und das Unternehmen langfristig im Premium-Zigarren-Sektor positionieren.
- Significant reduction of corporate debt, improving financial stability
- Strategic acquisition of SOFLO Wholesaler Group, Inc., potentially expanding market reach and revenue
- Reduction of 5 billion authorized and outstanding shares, potentially increasing shareholder value
- Engagement of audit firm for two-year financial audit, aiming for SEC reporting and OTCQB up listing
- Remaining $88,000 in outstanding notes still to be eliminated
- Potential dilution risk from the acquisition of SOFLO Wholesaler Group, Inc.
PEMBROKE PINES, FL / ACCESSWIRE / August 29, 2024 / Green Leaf Innovations, Inc. (OTCPK:GRLF), a Florida-based emerging growth company specializing in the marketing and distribution of handmade premium cigars, is pleased to announce a series of strategic initiatives that underscore its commitment to financial stability, market expansion, and shareholder value creation.
Strengthening Financial Health through Debt Reduction
On August 27, 2024, Green Leaf Innovations announced significant progress in reducing corporate debt, a critical step in optimizing the company's financial structure. The company successfully reduced the majority of one of its outstanding notes and is on track to eliminate an additional
Strategic Acquisition of SOFLO Wholesaler Group, Inc.
On August 22, 2024, Green Leaf Innovations signed a letter of intent to acquire SOFLO Wholesaler Group, Inc., a leading wholesale cigar distributor. Over the past four years, SOFLO has established itself as a key player in the cigar industry, distributing the #1 rated cigars among the Top 30 in the industry. Under the leadership of President Miguel Pinto, an industry veteran with over 20 years of experience, SOFLO has expanded its market share, serving over 400 customers across various sectors, including cigar lounges, smoke shops, cigar distributors, C-stores, and duty-free shops.
In 2023, SOFLO reported revenues of
Optimizing Capital Structure
On July 23, 2024, Green Leaf Innovations took decisive steps to optimize its capital structure by reducing both authorized shares and issued and outstanding shares. This included a significant reduction of 5 billion shares. This action reflects the company's ongoing commitment to creating value for shareholders and positioning itself for sustainable success in the competitive premium cigar market.
Commitment to Financial Transparency and Regulatory Compliance
On May 27, 2024, Green Leaf Innovations engaged the renowned audit firm Olayinka Oyebola & Co to conduct a comprehensive two-year audit of the company's financial statements. This audit is a pivotal step toward becoming fully reporting with the U.S. Securities and Exchange Commission (SEC) and up listing to the OTCQB Venture Market. By ensuring financial transparency and adherence to regulatory standards, Green Leaf Innovations aims to attract a broader base of shareholders and enhance investor confidence.
Positioning for Long-Term Success
Roberto Mederos, CEO of Green Leaf Innovations, Inc., stated, "Our recent initiatives reflect a focused strategy to strengthen our financial health, expand our market presence, and enhance shareholder value. We are committed to building a solid foundation for sustainable growth and look forward to continuing to execute on our vision of becoming a dominant player in the premium cigar industry."
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 Innovations, Inc.
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