GRST News Asher note paid off in advance!
GreeneStone Healthcare Pays Off Convertible Note
Today : Thursday 3 October 2013
GreeneStone Healthcare Corporation (OTCBB:GRST) ("GreeneStone" or the "Company"), a provider of healthcare services and operator of several mental health clinics, announced today that on September 30, 2013, the Company paid off its $108,500 convertible promissory note (the "Note") with Asher Enterprises, Inc. ("Asher"), including all interest and other payments due thereon. The Note was originally issued on April 2, 2013, and was to mature on December 20, 2013.
Shawn Leon, GreeneStone's Chief Executive Officer, stated, "GreeneStone is pleased to announce the pay-off of our short-term debt with Asher. As the Company's business and revenues continue to grow, we remain committed to paying down both our long-term and short-term debt obligations and to remain responsible for our shareholders." He added, "Through the assistance of our securities counsel in New York, JSBarkats, PLLC (www.jsbarkats.com), we are currently entertaining and analyzing various straight equity financings that could be favorable to our shareholders and the execution of our business plans."
About GreeneStone Healthcare Corporation
GreeneStone Healthcare Corporation (OTCBB:GRST) operates medical and healthcare clinics in Ontario, Canada. GreeneStone's clinics serve to add overflow capacity to an increasingly stretched provincial healthcare system, and provide private alternatives to publicly available healthcare services. Its four medical clinics (three in Toronto, along with a facility in Muskoka, Ontario) offer various medical services, including addiction treatment, endoscopy, minor cosmetic procedures, and executive health care services. The Company currently has more than 60 employees and is based in North York, Ontario. For more information you can visit our website at www.greenestone.net. |
