Elysee Development Corp. announces that it provided notice to the holders of its 8% unsecured convertible debentures that it would prepay its obligations under the Debentures on December 16, 2025. As such, the Company has proceeded with such prepayment and paid an aggregate of $2,106,250 plus accrued interest to such holders, settling Debentures with an aggregate principal amount of $1,685,000. As of today, the amount outstanding of the Debentures is $265,000. As a result of this redemption, potential dilution from future conversion to equity has been dramatically reduced as well as the Company's annual interest expense moving forward. There will, however, be a one-time cash charge of $421,250 on the Company's statement of earnings during the current period. After the redempt...