Green Leaf Innovations's Strategic Capital Reduction Update and a Key Component of the Company's 2025 Restructuring Plans Ahead
Green Leaf Innovations (OTC PINK:GRLF) has announced a significant reduction in its authorized shares from 60 billion to 20 billion, following approval from the State of Florida. This capital reduction is part of the company's 2025 restructuring plan, aimed at enhancing financial flexibility and positioning for growth.
The company plans to implement a potential stock buyback by Q2 2025 and has recently completed the SOFLO Wholesaler Group acquisition. CEO Roberto Mederos emphasized that this move will strengthen GRLF's financial foundation and help capitalize on opportunities in the premium cigar market. A detailed update on the 2025 restructuring plan and acquisition strategy will be presented to investors by the end of Q1 2025.
Green Leaf Innovations (OTC PINK:GRLF) ha annunciato una significativa riduzione delle sue azioni autorizzate da 60 miliardi a 20 miliardi, dopo l'approvazione da parte dello Stato della Florida. Questa riduzione di capitale fa parte del piano di ristrutturazione 2025 dell'azienda, volto a migliorare la flessibilità finanziaria e posizionarsi per la crescita.
L'azienda prevede di attuare un potenziale riacquisto di azioni entro il secondo trimestre del 2025 e ha recentemente completato l'acquisizione del SOFLO Wholesaler Group. Il CEO Roberto Mederos ha sottolineato che questa mossa rafforzerà le fondamenta finanziarie di GRLF e aiuterà a sfruttare le opportunità nel mercato dei sigari di alta gamma. Un aggiornamento dettagliato sul piano di ristrutturazione del 2025 e sulla strategia di acquisizione sarà presentato agli investitori entro la fine del primo trimestre del 2025.
Green Leaf Innovations (OTC PINK:GRLF) ha anunciado una reducción significativa en sus acciones autorizadas de 60 mil millones a 20 mil millones, tras la aprobación del Estado de Florida. Esta reducción de capital es parte del plan de reestructuración 2025 de la compañía, destinado a mejorar la flexibilidad financiera y posicionarse para el crecimiento.
La empresa planea implementar un posible recompra de acciones para el segundo trimestre de 2025 y recientemente ha completado la adquisición del SOFLO Wholesaler Group. El CEO Roberto Mederos enfatizó que este movimiento fortalecerá la base financiera de GRLF y ayudará a capitalizar oportunidades en el mercado de cigarros premium. Se presentará una actualización detallada sobre el plan de reestructuración 2025 y la estrategia de adquisición a los inversores antes de finales del primer trimestre de 2025.
그린 리프 이노베이션(OTC PINK:GRLF)은 플로리다 주의 승인을 받은 후, 자사의 허가 주식 수를 600억에서 200억으로 대폭 줄였다는 발표를 했습니다. 이 자본 감축은 회사의 2025년 구조조정 계획의 일환으로, 재무 유연성을 높이고 성장을 위한 포지셔닝을 목표로 하고 있습니다.
회사는 2025년 2분기까지 주식 매입을 시행할 계획이며, 최근 SOFLO 도매상 그룹 인수를 완료했습니다. CEO 로베르토 메데로스는 이 조치가 GRLF의 재무 기반을 강화하고 프리미엄 시가 시장의 기회를 활용하는 데 도움이 될 것이라고 강조했습니다. 투자자들에게는 2025년 구조조정 계획 및 인수 전략에 대한 자세한 업데이트가 2025년 1분기 말까지 제공될 예정입니다.
Green Leaf Innovations (OTC PINK:GRLF) a annoncé une réduction significative de ses actions autorisées, passant de 60 milliards à 20 milliards, suite à l'approbation de l'État de Floride. Cette réduction de capital s'inscrit dans le cadre du plan de restructuration 2025 de l'entreprise, visant à améliorer la flexibilité financière et à se positionner pour la croissance.
L'entreprise prévoit de mettre en œuvre un éventuel rachat d'actions d'ici le deuxième trimestre 2025 et a récemment finalisé l'acquisition du SOFLO Wholesaler Group. Le PDG Roberto Mederos a souligné que ce mouvement renforcera les bases financières de GRLF et aidera à saisir les opportunités sur le marché des cigares premium. Une mise à jour détaillée sur le plan de restructuration 2025 et la stratégie d'acquisition sera présentée aux investisseurs d'ici la fin du premier trimestre 2025.
Green Leaf Innovations (OTC PINK:GRLF) hat eine erhebliche Reduzierung ihrer genehmigten Aktien von 60 Milliarden auf 20 Milliarden angekündigt, nachdem der Bundesstaat Florida zugestimmt hat. Diese Kapitalreduktion ist Teil des Umstrukturierungsplans 2025 des Unternehmens, der darauf abzielt, die finanzielle Flexibilität zu erhöhen und sich für das Wachstum zu positionieren.
Das Unternehmen plant, bis zum zweiten Quartal 2025 ein mögliches Aktienrückkaufprogramm durchzuführen und hat kürzlich die Übernahme der SOFLO Wholesaler Group abgeschlossen. CEO Roberto Mederos betonte, dass dieser Schritt die finanzielle Basis von GRLF stärken und helfen wird, Chancen im Premium-Zigarrenmarkt zu nutzen. Ein detailliertes Update zum Umstrukturierungsplan 2025 und der Akquisitionsstrategie wird den Investoren bis Ende des ersten Quartals 2025 präsentiert.
- Authorized share reduction from 60B to 20B shares
- Planned stock buyback program for Q2 2025
- Recent acquisition of SOFLO Wholesaler Group
- Existing debt obligations requiring restructuring
PEMBROKE PINES, FLORIDA / ACCESSWIRE / December 19, 2024 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a Florida-based company specializing in the marketing and distribution of premium handmade cigars, today announced the successful approval by the State of Florida of a significant reduction in its authorized shares. This reduction, effective immediately, lowers the authorized common shares from 60 billion to 20 billion.
This strategic capital reduction is a key component of GRLF's 2025 restructuring plan, significantly enhances the company's financial flexibility and positions it for accelerated growth. The move addresses existing debt obligations, improves liquidity, and facilitates the execution of key acquisition plans. Crucially, this reduction supports the company's 2025 financial plan which will incorporate potentially a stock buyback plan by Q2 2025, further demonstrating our commitment to financial responsibility and maximizing long-term shareholder value.
"This authorized share reduction is a decisive step forward in strengthening GRLF's financial foundation for long-term success," stated CEO Roberto Mederos. "By streamlining our capital structure and proactively managing our debt, we are creating the ideal platform to capitalize on the significant opportunities emerging in the premium cigar market. The recent SOFLO Wholesaler Group acquisition, combined with this share reduction, demonstrates our commitment to maximizing shareholder value and positioning GRLF for substantial growth in 2025 and beyond."
GRLF anticipates the streamlined capital structure will foster greater market confidence and enhance its ability to execute on its 2025 strategic objectives. A detailed update on the company's 2025 restructuring plan and acquisition strategy will be forthcoming in a dedicated investor presentation scheduled for end of Q1 2025.
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
800-303-6268
SOURCE: Green Leaf Innovations, Inc.
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FAQ
What is the new authorized share count for Green Leaf Innovations (GRLF)?
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When will GRLF present its detailed 2025 restructuring plan?
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