Green Leaf Innovations,Inc. Completes Capital Share Reduction by 66%
Green Leaf Innovations (OTC PINK:GRLF) has announced a significant capital restructuring, reducing its authorized shares by 66% from 60 billion to 20 billion shares, effective immediately. The Florida-based premium cigar marketing and distribution company's Board of Directors approved this reduction as part of their 2025 restructuring plan. The company plans to renegotiate existing debt and pursue acquisition strategies. CEO Mr. Mederos highlighted that their recent acquisition of SOFLO Wholesaler Group, combined with the share reduction, will strengthen their 2024 year-end financials. Management believes the company is currently undervalued compared to other tobacco industry peers.
Green Leaf Innovations (OTC PINK:GRLF) ha annunciato una significativa ristrutturazione del capitale, riducendo le proprie azioni autorizzate del 66%, passando da 60 miliardi a 20 miliardi di azioni, con effetto immediato. Il Consiglio di Amministrazione della compagnia, con sede in Florida e attiva nel marketing e nella distribuzione di sigari premium, ha approvato questa riduzione come parte del loro piano di ristrutturazione 2025. L'azienda prevede di rinegoziare il debito esistente e perseguire strategie di acquisizione. Il CEO, il signor Mederos, ha evidenziato che la recente acquisizione del SOFLO Wholesaler Group, unita alla riduzione delle azioni, rafforzerà i risultati finanziari di fine anno 2024. La direzione ritiene che l'azienda sia attualmente sottovalutata rispetto agli altri attori del settore del tabacco.
Green Leaf Innovations (OTC PINK:GRLF) ha anunciado una significativa reestructuración de capital, reduciendo sus acciones autorizadas en un 66%, de 60 mil millones a 20 mil millones de acciones, con efecto inmediato. La junta directiva de la compañía, con sede en Florida y dedicada al marketing y distribución de puros premium, aprobó esta reducción como parte de su plan de reestructuración 2025. La empresa planea renegociar la deuda existente y perseguir estrategias de adquisición. El CEO, el Sr. Mederos, destacó que su reciente adquisición del SOFLO Wholesaler Group, combinada con la reducción de acciones, fortalecerá sus estados financieros de fin de año 2024. La gerencia cree que la compañía está actualmente subestimada en comparación con otros competidores de la industria del tabaco.
그린 리프 이노베이션즈 (OTC PINK:GRLF)는 자본 구조 조정을 발표하며, 승인된 주식을 66% 줄여 600억 주에서 200억 주로 즉각적 효과를 보인다고 밝혔다. 플로리다에 본사를 둔 프리미엄 시가 마케팅 및 유통 회사의 이사회는 2025년 재구성 계획의 일환으로 이번 감소안을 승인했다. 회사는 기존 부채를 재협상하고 인수 전략을 추진할 계획이다. CEO 메데로스 씨는 SOFLO 도매업체 그룹의 최근 인수와 주식 감소가 2024년 연말 재무 실적을 강화할 것이라고 강조했다. 경영진은 현재 회사가 타 담배 산업 동료들에 비해 저평가되어 있다고 믿고 있다.
Green Leaf Innovations (OTC PINK:GRLF) a annoncé une restructuration du capital significative, en réduisant ses actions autorisées de 66%, passant de 60 milliards à 20 milliards d'actions, avec effet immédiat. Le conseil d'administration de l'entreprise, basée en Floride et spécialisée dans le marketing et la distribution de cigares haut de gamme, a approuvé cette réduction dans le cadre de son plan de restructuration 2025. La société prévoit de renégocier sa dette existante et de poursuivre des stratégies d'acquisition. Le PDG, M. Mederos, a souligné que leur récente acquisition du SOFLO Wholesaler Group, combinée à la réduction des actions, renforcera leurs résultats financiers de fin d'année 2024. La direction estime que l’entreprise est actuellement sous-évaluée par rapport à d'autres acteurs de l'industrie du tabac.
Green Leaf Innovations (OTC PINK:GRLF) hat eine bedeutende Kapitalrestrukturierung angekündigt, indem die genehmigten Aktien um 66% von 60 Milliarden auf 20 Milliarden Aktien reduziert wurden, was sofort wirksam ist. Der Vorstand des in Florida ansässigen Unternehmens für das Marketing und den Vertrieb von Premium-Zigarren genehmigte diese Reduzierung im Rahmen ihres Restrukturierungsplans für 2025. Das Unternehmen plant, bestehende Schulden neu zu verhandeln und Akquisitionsstrategien zu verfolgen. CEO Herr Mederos hob hervor, dass die kürzliche Übernahme der SOFLO Wholesaler Group in Kombination mit der Aktienreduzierung die Finanzzahlen zum Ende des Jahres 2024 stärken wird. Das Management glaubt, dass das Unternehmen gegenüber anderen Akteuren der Tabakbranche derzeit unterbewertet ist.
- Authorized share reduction by 66% from 60B to 20B shares
- Recent acquisition of SOFLO Wholesaler Group completed
- Debt renegotiation initiative in progress
- Existence of significant debt requiring renegotiation
- Large number of authorized shares (20B) still remaining
PEMBROKE PINES, FL / ACCESSWIRE / December 17, 2024 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a Florida-based company specializing in the marketing and distribution of premium handmade cigars, today announces a significant capital reduction, streamlining our corporate structure for 2025. We've reduced the authorized shares by
This decisive action, approved by the Board of Directors and filed with the State of Florida is a critical component of our restructuring plan for 2025. We will proactively address existing financial obligations by continue renegotiating the company's debt to bolstering our financial position and strengthening our foundation for future growth. This reduction demonstrates our commitment to financial responsibility and long-term value for our shareholders and our acquisition plans for 2025.
Mr. Mederos, CEO, stated "Our recent acquisition of SOFLO Wholesaler Group and the common share authorized reduction will significantly strengthen our 2024 year-end financials, boosting market confidence and shareholder value. We believe the company is currently undervalued, compared to other public companies in the tobacco industry and that the 2025 restructuring and acquisition plans will increase shareholder value and position the company appropriately for 2025 and beyond.
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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FAQ
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