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MOMO'S BREAKOUT BOARD
(Total Views: 81)
Posted On: 09/05/2023 1:34:57 PM
Post# of 25471
Posted By: russkitrader2018
$CLSH - We have a plan in place to reduce annual corporate expenses by approximately $2 million, which includes a 50% reduction in legal fees now that the debt has been restructured and the fundamental systems of business are in place. The restructuring of $20 million in debt, and the conversion of approximately $12 million of that debt into equity, results in an annual savings of $600,000 in interest payments over the next two years and reduces the principal due from $20 million to $8 million.

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