Tuesday, June 20, 2017 8:41:36 AM
THE TOXIC NOTE HOLDERS DON'T CARE BECAUSE EACH TRANCHE IS AT A DISCOUNT OF UP TO 60% OR MORE OF THE PREVIOUS 15 DAY'S LOWEST PPS.
In the following example the toxic shares were priced @.0007 while the PPS was in the .0012 range!
Item 3.02 Unregistered Sales of Equity Securities.
On May 12, 2017, the Company issued 24,557,492 shares of its common stock to JSJ in exchange for $17,558.61 of principal balance of the $55,000 Convertible Note. The remaining balance on the note is approximately $18,127.82.
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