Green Stream Holdings Inc (GSFI) Settles Convertible Promissory Note
Green Stream Holdings Inc. (GSFI) has successfully repaid a $50.3k Convertible Promissory Note to 1800 Diagonal Lending LLC, extinguishing its outstanding debt. This repayment was executed on August 26, 2022, and involved a total settlement of $50,359.08. Following this transaction, Green Stream has no remaining obligations to the lender regarding this debt. The company continues to focus on expanding its footprint in the solar energy market, targeting underdeveloped areas and fostering partnerships for growth.
- Successfully repaid $50.3k Convertible Promissory Note, eliminating debt obligations.
- Continues to expand in the solar energy market, targeting underserved areas.
- None.
Company Repaid
NEW YORK, NY, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC PINK: GSFI) ("the Company") (https://greensolarutility.com), an emerging leader in the solar utility and finance space, recently announced that it has settled and repaid a Convertible Promissory Note in favor of 1800 Diagonal Lending LLC f/k/a Sixth Street Lending, LLC dated February 24, 2022 through payment in full of
It filed an 8-K that said: “The Company on August 26, 2022 prepaid its Convertible Promissory Note in favor of 1800 Diagonal Lending LLC f/k/a Sixth Street Lending, LLC dated February 24, 2022 through payment in full of
The said Holder was entitled to principal, interest, and a prepayment fee along with certain rights. The principal amount, and such other related amounts were settled, amounting to a total of approximately $
Accordingly, the parties have no further rights or obligations as to each other as to such debt, and the Registrant will have no obligations to issue securities to Diagonal Lending LLC f/k/a Sixth Street Lending, LLC as to such debt.
About Green Stream Finance, Inc.
Green Stream Finance, Inc., a solar utility and finance company with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada. The Company's next-generation solar greenhouses constructed and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products. The Company has a growing footprint in the significantly underserved solar market in New York City where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream is looking to forge key partnership with major investment groups, brokers, and private investors in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well-positioned to become a significant player in the solar space.
Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Green Stream Finance, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Green Stream Finance, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
For All Inquiries Contact:
president@greenstreamfinance.com
Website: greensolarutility.com
SOURCE: Green Stream Holdings Inc.
FAQ
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