Weekend unlimited (Seite 47)

[Cashdaddy007]

Antwort auf Beitrag Nr.: 62.406.671 von LionKing80 am 17.01.20 14:12:49

Ich bin nur zum spass hier. Spiele gerne. Das Geld ist mir nicht wichtig

[LionKing80]

Du hast recht cashdaddy. Ich hoffe du bist schon ausgestiegen sonnst verlierst du dein Geld. Rette was zu retten ist!!!!

[Cashdaddy007]

Gut möglich, dass die Chief Officers jetzt Das Geld einstecken und WU pleite geht.
Der Fisch stinkt immer vom Kopf

[ThatstheWayItGoes]

Northern Lights Supply hat also 650.000 Dollar plus 33.750 an weekend zurückgezahlt. Das Geschäft passt nicht mehr zur weekend Anlagestrategie.

[Cashdaddy007]

Dear Friend --

WEEKEND UNLIMITED STRENGTHENS ITS CASH POSITION WITH REPAYMENT OF LOAN FROM NORTHERN LIGHTS SUPPLY

WEEKEND LEADERSHIP FOCUSED ON CORE BUSINESS OBJECTIVES OF US BRAND GROWTH AND PREPARATIONS FOR THE 2020 HEMP SEASON AT NORTHERN LIGHTS ORGANICS

Vancouver, BC (January 17th, 2020) - Weekend Unlimited Inc. ("Weekend" or the "Company") (CSE: POT - FSE: 0OS1 - OTCQB: WKULF)) is pleased to announce that the Company has negotiated a loan repayment in the amount of $650,000, plus interest paid to date in the amount of $33,750, in relation to the Northern Lights Supply retail operation in Alberta.

Entered into by previous leadership, the opportunity to own up to 49% of the Northern Lights Supply store in Alberta no longer fits into the Company’s highly focused priorities. As outlined in the Company’s shareholder letter in December 2019, leadership has aligned operations to realize its US branded product strategy and ramp up its Canadian Northern Lights Organics hemp farm into full production for the 2020 growing season.

At this time a retail operation in Alberta is not a core business objective and, as a result Weekend leadership has negotiated an early repayment of the loan, which strengthens its cash position allowing the Company to dedicate its resources to the stated core objectives.

“We cannot foresee a near term revenue opportunity from a continued relationship with Northern Lights Supply as the structure of the arrangement that had been put in place was equity based,” said Mr. Chris Backus, President and CEO. “This move strengthens our cash position, and most importantly allows us to deploy our resources to better revenue producing assets, specifically, branded product growth in the US and readying the Northern Lights Organics property in Canada.”

“We wish the team at Northern Lights Supply the best, with a shared and full understanding that the opportunities that presented themselves a year ago, in a very different environment in the sector, are not the same as we face today. As noted previously, my mandate on behalf of shareholders is drive shareholder value and to do that we must deploy resources to revenue producing assets, which this move helps to accomplish.”

In the agreement, announced on November 20, 2018, the parties entered into a convertible secured 6% interest loan facility for up to $1,200,000, of which the Company advanced $750,000. At any time during the term of the agreement, which was to end December 31, 2022, the Company had the option to convert the full amount of its $1,200,000 loan facility into 49% equity of the retail store, dependent upon approval from Alberta Gaming and Liquor Commission.

 

For further information, please contact:

Mr. Chris Backus, President & CEO, Director

Telephone: [phone]

E-mail: [e-mail]

[Trade0815]

Mein EK ist auch noch deutlich höher... darf gerne weiterhin beständig klettern.

[HanfSolo]

Ich muss mit dem Sekt kalt stellen noch etwas warten da mein EK noch ein wenig zu hoch ist... aber ich habe Geduld,bin schließlich schon mehr als 12 Monate hier drin investiert

[Canada_2018]

Ich hab den Sekt schon kalt gestellt

[HanfSolo]

Frankfurt/Berlin/Gettex sind schon bei 0,03€ 😄

[LetzCrash]

Aloha zusammen!
Schaut so aus, als würden wir eine echte Erholung erleben.
Wenn das ab 15:30 so weitergeht, dann ist es wirklich Zeit den einen oder anderen Sekt raus zu holen
Beide Daumen gedrückt und good luck und allen