Green Stream Holdings Initiates Expedited Settlement of Liabilities Alongside Plans for OTCQB Uplist

By: Green Stream Holdings Inc.
BROOKLYN, N.Y. - Feb. 17, 2021 - PRLog -- Green Stream Holdings Inc. (GSFI) an emerging leader in the solar utility and finance space, announces today that the Convertible Promissory Note of Green Stream Holdings Inc. in favor of Geneva Roth Remark Holdings, Inc. dated October 8, 2020, December 22, 2020 and January 11, 2021 have been completed. The payoffs were October 8, 2020 $90,875.34 December 22, 2020 $42,448.63 January 11, 2021 $48,599.66. Total due $181,923.63.

On February 16, 2021, the Company made the final payment of $181, 923. 63 as full and final payment of the Promissory Notes. Accordingly, the parties have no further rights or obligations as to each other and the Registrant will have no obligations to issue securities to Geneva Roth Remark Holdings, Inc.

The transaction has been detailed accordingly in the Company's 8-k filed yesterday, February 16, 2021.

Green Stream Holdings, Inc. is actively pursuing settlement, retirement and/or payoff of all remaining debt in the Company and anticipates the elimination of all convertible debt by end of Q2 2021 in preparation for application to OTCQB® Venture Market. The OTCQB® Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.

Interim CEO James DiPrima comments, "We are on a trajectory for market success like never before and I'm pleased with the executive team's initiatives in place to ensure shareholder value, market integrity, transparency and accessibility in line with our operational objectives, which are consistently yielding attractive opportunities in the renewable energy space."

About Green Stream Finance, Inc.:

Green Stream Finance, Inc., Is focused on exploiting currently unmet markets in the solar energy space,.The Company's next-generation solar greenhouses constructed and managed by Green Rain Solar, LLC, a Nevada-based division.

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.

James DiPrima, CEO
Email:*** Email Verified
Location:Brooklyn - New York - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse News
Most Viewed
Daily News

Like PRLog?
Click to Share