GREENLITE VNTRS INC - GRNL STOCK NEWS

Greenlite Ventures (OTC-PINK: GRNL) has signed an Acquisition Agreement with No Limit Technology Holdings (NLTH), a leader in the sports betting industry. The agreement is expected to be finalized after a 30-45 day due diligence period.

NLTH is set to launch its innovative 'No Limit Betting Exchange,' offering a 97% return rate to bettors, higher than the industry's standard 90%. The platform uses decentralized crypto wallets and smart contracts, enhancing user control and security.

GRNL will use strategic media partnerships and celebrity collaborations to drive traffic to NLTH's platforms, including a new Sports Podcast Network. Rafael Groswirt, NLTH's founder, will become CEO of the merged entities.

Greenlite Ventures, Inc. (GRNL) partners with Woodway USA, Inc. for simulated altitude chambers sale and joint ventures. Woodway is a leading treadmill manufacturer with prestigious clients.

Greenlite Ventures, Inc. (GRNL) signs a Term Sheet with inventor Mikel Anderson, potentially giving them up to 100% of his present and future revenues. Anderson will receive Preferred Stock and Greenlite aims to bring his patents and businesses into the company. The agreement will supersede and expand Anderson's previous Consulting Agreement with Greenlite.

Greenlite Ventures, Inc (OTC: GRNL) reported an operating loss of $8,294,982 ($0.38 per share) for the year ended March 31, 2023, compared to a net loss of $10,058 ($0.00 per share) for the year ended March 31, 2022. The company had one-time, non-recurring expenses related to stock-based compensation and debt extinguishment. Excluding these items, the adjusted net loss from operations was $97,908 for the year. The company achieved significant milestones and events in 2022, including the purchase of control block of GRNL, acquisition of Artinian LLC, and signing agreements with Charles Mizrahi and Dave Vincent.