FIORE CANNABIS WKN: A2QG6C ISIN: CA31811L1076 Kürzel: FIOR Forum: Aktien Thema: Hauptdiskussion

Citation Growth Corp. and Debenture Holders Come to Terms October 23, 2019     Kelowna, British Columbia--(Newsfile Corp.) - Citation Growth Corp. (formerly, Liht Cannabis Corp.) (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed cannabis cultivator and producer, announces that management of the Company and the debenture holders represented by Tim Johnson of Vernon, British Columbia, worked diligently over the last week to reach an agreement to amend the terms of the Convertible Debentures in the principal amount of $2.6 million which matured on October 23, 2019 (the “Debentures”). The Debentures are unsecured, bear interest at 10% per annum and are convertible into units of the Company at a price of $0.80 per unit. Each unit consists of one common share and one warrant exercisable at $2.00 per share until October 23, 2019.     The parties agreed to amend the Debentures on the following terms: The maturity date will be extended from October 23, 2019 to October 23, 2020; All accrued and unpaid interest will be paid in common shares of the Company at market price on the date of issuance. Such shares will be subject to a four month plus 1 day hold period; The conversion price will be reduced from $0.80 to $0.70 per unit subject to accelerated maturity if the Company’s common shares trade above $1.05 per share for ten consecutive trading days; The warrant exercise price will be reduced from $2.00 to $1.25 per share for a period of eighteen months expiring April 23, 2021, subject to acceleration if the Company’s common shares trade above $1.88 per share for ten consecutive trading days; and As an act of good faith, Howard Misle, CEO, agreed to personally pay the Debenture holders $260,000 or 10% of the principal amount outstanding in shares when he receives his performance bonus shares. All other terms of the Debentures remain the same.     Pursuant to the terms of the Debentures, the amendment is subject to the Company receiving written consents of at least 66.67% of the Debenture holders.     Howard Misle, CEO, stated, “I would like to thank Mr. Johnson for his time and cooperation this past week and our Debenture holders for their continued support. Our ability to come to terms resulted in a positive outcome for the Company and I look forward to conducting more business with Mr. Johnson and his associates in the future.”     Tim Johnson, Debenture holder, commented, “Mr. Misle invited me and my wife to tour both the Pahrump and Apex growing facilities in Nevada last week. We were very impressed by the motivated staff members, the clean and well organized growing operations and the level of progress they have achieved. The real hidden gem in this deal is the hard driving task master, Howard Misle. We left our meeting with him feeling even more confident in our vested position.”    Rahim Mohamed added, “Management of Citation is extremely pleased with the overall outcome and we now can all go back to focusing on building the Company and increasing shareholder value.”

News Die fälligen Zahlungen scheinen sie in den Griff bekommen zu haben.

Da müsste wesentlich mehr gehen zur schwarzen null

Ich bräuchte 2.40 um auf 0 Verlust zu sein

das hoffe ich natürlich auch schließlich sitzen wir alle in einem boot

Ich bin gespannt ob das hier irgendwann wieder auf 1,50 € kommt

eigentlich war das für dieses jahr auch so geplant das mit den umsätzen

Wenn sie überleben, gibt's Frühjahr 2020 auf jeden Fall bessere Umsatzzahlen. Dann muss nur noch n Gewinn hängen bleiben.

Naaa jaaa, mal die Kirche im Dorf lassen. 😄

Jawwwwwwoohhhhhglllllllllll

Wenn's so weiter steigt dann dauert es keine Ewigkeit mehr

So richtig freuen kann man sich erst wenn es wieder über 1,5 USD geht. Also Lila, entspannt bleiben 😉

dieser lila nervt ganz schön

Äähhh 18%

31%

Was ist schön