$LTNC | KULTURA BRANDS
LTNC Retires Over $1.2 Million in Convertible Debt, Eliminates Future Dilution, and Advances Balance Sheet Restructuring
Company Terminates Convertible Lending Relationship and Continues Strategic Efforts to Strengthen Financial Position
JACKSON, WYOMING – June 4, 2026 – LTNC today announced the retirement of more than $1.2 million in convertible debt, eliminating future dilution associated with the obligation and terminating its relationship with the convertible lender.
Management believes this transaction marks a significant step in strengthening the Company’s capital structure and reflects its commitment to reducing legacy liabilities, improving financial flexibility, enhancing credit relationships, and creating long-term shareholder value.
The retirement of the convertible debt removes a potential source of future dilution while allowing management to focus on additional balance sheet improvement initiatives currently underway. The Company continues discussions with lenders, former management, and insider note holders regarding restructuring opportunities intended to improve cash flow and further strengthen the Company’s financial foundation.
Scott Darnell, Chairman of LTNC, stated:
“Retiring more than $1.2 million in convertible debt and eliminating a source of future dilution is an important achievement for the Company and our shareholders. This action reflects our commitment to strengthening LTNC’s financial position and building a healthier, more sustainable capital structure.
While additional work remains, we believe meaningful progress is being made. Our focus remains on improving the balance sheet, increasing financial flexibility, and creating long-term shareholder value through disciplined execution and responsible financial management.”
Management expects to continue providing updates regarding debt reduction efforts, restructuring initiatives, operational developments, and strategic opportunities as milestones are achieved.
About LTNC / Kultura Brands
LTNC, through its Kultura Brands platform, is focused on building, acquiring, and scaling consumer brands across high-growth categories. The Company is committed to operational excellence, strategic growth, disciplined capital allocation, and long-term value creation for shareholders.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements regarding future business plans, growth opportunities, debt reduction initiatives, restructuring efforts, creditor negotiations, capital structure improvements, liquidity enhancements, shareholder value creation, and future financial performance. These statements are based upon current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that may affect actual results include, among others, the Company’s ability to successfully execute restructuring initiatives, negotiate favorable terms with creditors and lenders, maintain adequate liquidity, achieve anticipated growth objectives, and other risks disclosed in the Company’s public filings. Readers are cautioned not to place undue reliance on forward-looking statements. LTNC undertakes no obligation to update or revise any forward-looking statements except as required by law.
Investor Relations
Kultura Brands
[email protected]
https://t.co/EiqqdEeD4R
$LTNC
When management says “updated store locator and store lists coming soon,” and then days pass with no update, it is fair for shareholders to ask where the update is.
Serious investors are not asking for daily hype. They are asking for basic execution updates: How many active doors? Which states are live? What percentage is reorder volume versus initial stocking? When will the promised store list be updated?
The company is right that businesses are built one market, one distributor, one retailer, and one consumer at a time. But credibility is also built one kept promise at a time.
Execution matters. So does communication
Adios | $LTNC | Kultura Brands
Execution ultimately becomes the answer.
In less than four months, Adios has expanded into multiple markets, strengthened distribution partnerships, increased retail placements, expanded consumer activations, and reported approximately 80,000 cases in supply commitments.
Products reaching shelves.
Distribution expanding.
Market presence growing.
That’s product moving through the marketplace.
Read the Chairman’s Letter below for additional insight into recent developments across the brands.
#LTNC #Adios #KulturaBrands #OTCMarkets
https://t.co/u0DochhVeZ
$ltnc
Are the 80,000 cases already sold, or only committed for production?
What is the case configuration — 12 cans, 24 cans, or another pack size?
Over what period will the 80,000 cases be delivered ..one month, one quarter, or the rest of 2026?
Which states/distributors are attached to this commitment?
Will this 80,000-case commitment be reflected in Q2 revenue, Q3 revenue, or later?
Is the company funded to produce and fulfill the full 80,000 cases without additional dilution?
Are these reorders from sell-through, or initial inventory loads into new markets?
$LTNC ..At least the company won’t have those costly attorney fees anymore… now it’s time to show us the sales and execution. Enough announcements — investors want real numbers now.
$LTNC | Kultura Brands
A new chapter is beginning at Kultura Brands.
Past issues are being addressed. Longstanding litigation and old distractions that weighed on the company for years are moving toward resolution.
Toxic pressure that suppressed the stock is fading and the company is entering a completely different phase.
New blood. New energy. New distribution. New markets.
Execution is now taking center stage with immediate re-orders, expanding retail presence, successful festival activations, and multiple state launches already underway.
This company spent years stuck in cleanup mode. That is changing fast.
States #5 and #6 are right around the corner. Updated store locator and store lists coming soon.
Get ready.
#LTNC #KulturaBrands #Adios #CKS #OTCMarkets #TurnaroundStory #EmergingBrands #GrowthStocks #PublicMarkets
HOLY CRAP!! Rapid gunshots BREAK OUT at the White House while ABC reporter Selina Wang records for the news
White House on LOCKDOWN, President Trump inside, press rushed inside.
Pray for all of them 🙏🏻
Tom, I’ve always respected the work it took to get LTNC back to Pink. That was a real achievement.
Yes, mistakes were made along the way that cost shareholders time and money. That's business. Companies try things, they fail, they pivot.
What damaged credibility wasn't the pivots—it was the constant cycle of bold announcements, countdowns, and missed deadlines. Anyone can miss once or twice, but when it becomes a pattern, shareholders start questioning management's word.
When you publicly say LTNC will be the "Stock of the Year," investors naturally assume there's something significant behind that statement—major sales, contracts, or catalysts that will drive the share price higher.
Maybe we're still on the right track, and I genuinely hope we are. Like everyone else, I'd love to recover my investment and see the company succeed. But repeated hype followed by delays creates the perception that these announcements are being used to support dilution and stock sales rather than communicate completed achievements.
Many of us have been saying the same thing for a long time: issue PRs when contracts are signed and milestones are actually achieved—not before.
And I agree with BigBullTrading's point: insiders appear well protected through preferred share issuances while common shareholders continue absorbing the dilution.