LFTD Partners Lowers Its Secured Debt, Here Are The Details

LFTD Partners Inc. (OTCQB: LIFD ) has prepaid an additional $916,666 of the principal of its $1,833,334 note payable relating to the purchase of its subsidiary Lifted Made, Kenosha, WI, using free cash flow generated by Lifted Made's operations. The prepayment, which follows LFTD Partners' earlier prepayment of the same amount in June 2022, leaves LFTD Partners Inc. with only $916,668 of secured debt. William C. "Jake" Jacobs , LFTD Partners Inc.'s president and CFO, stated, "We are relentlessly paying down our secured debt, using just free cash flow from operations. Kudos to Nick Warrender ... Full story available on Benzinga.com