Posted On: 10/11/2013 11:07:09 AM
Post# of 141
HUGE NEWS OUT TODAY:
SALT LAKE CITY, UT--(Marketwired - Oct 11, 2013) - Green Endeavors, Inc. (OTCQB: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced today that it has entered into an agreement that satisfies all remaining convertible notes held by Asher Enterprises, Inc.
SALT LAKE CITY, UT--(Marketwired - Oct 11, 2013) - Green Endeavors, Inc. (OTCQB: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced today that it has entered into an agreement that satisfies all remaining convertible notes held by Asher Enterprises, Inc.
CEO of Green Endeavors, Richard Surber, stated, "GRNE entered into a series of financings which totaled over $220,000. Today, I am happy to confirm that we will be wiring out a cash payment that satisfies the outstanding balance in full. The cash satisfaction of these notes will result in the derivative liability and the underlying liability being removed from our balance sheet. Active shareholders will be happy to know that the last conversion of debt into shares occurred last week and no further discounted shares will be coming into the market pursuant to Asher's convertible notes."
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