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Backwoods Sweet Tea is the newest flavor offering from ITG

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With these changes to our balance sheet and new infusion of capital, we are better positioned to fund near-term priorities."Transaction Rationale The Board of Directors evaluated the Transaction in the context of the Company's current financial position, capital structure, and strategic priorities.Subsequent trading levels have rendered voluntary conversion at the original conversion price unlikely in the near term, which risks leaving a US$67 million liability on the balance sheet and the resulting impact on shareholders' equity value

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