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The dilution went to pay down notes up to March 2023:
Conversion
“During the three months ended March 31, 2023, the Company converted notes with principal amounts of $39,690 and accrued interest of $4,088 into 132,382,517 shares of common stock. The corresponding derivative liability at the date of conversion of $64,258 was credited to additional paid in capital.”
Not saying the deal was bad but just have to get through $2 million in common stock conversions above .005 by OCT. 2023 or it adds 5% more interest. On page 25 of disclosure That’s roughly 400,000,000 new shares at .005 all IMO GL though!
$2,000,000 note due at .005 first. IMO GL
Another loan=more dilution imo
Dude… this has only $347,000 left in convertible notes… GEGI has over $2,600,000 in convertible notes…..IMO GL
Looks like it’s doing same thing as .0018-.0022 range on Friday imo
Showing 10 mil bid @29 now
Maybe a classic dip n rip?!? GL
Convertible notes went down for the period ending March 2023 from the last 10Q thats what the dilution was from. If all the convertible notes they have were converted at .01 that’s only just under 40 million more shares to add to the OS. Just my opinion not advice! I’m no pro at reading fins but it’s right there in black and white that convertible notes went from approx $381,000 down to $347,000 GL
Convertible Notes - originated in April 2018
$ 95,000
$ 95,000
Convertible Notes - originated in June 2018
166,000
166,000
Convertible Notes - originated in October 2018
50,000
50,000
Convertible Notes - issued fiscal year 2022
38,750
78,440
Convertible Notes - issued fiscal year 2023
-
-
Total convertible notes payable
349,750
389,440
Less: Unamortized debt discount
(2,414 )
(7,647 )
Total convertible notes
347,336
381,793
Less: current portion of convertible notes
347,336
381,793
Long-term convertible notes
$ -
$ -
This trades so clean since I’ve been watching the the last two days! IMO anyone else notice that on lvl 2? I briefly looked over notes and I think it’s minimal?
Nice!
Green!!
Getting interesting here!!
Wow!
Might see a red to green on this one IMO!
Interesting now I see it, thanks!
I’m going to take my pinned post down tomorrow and leave as mod.. until I see a change here and this actually happen I may re enter but I was able to take a loss from around .0005-.0006 at .0001 sell I had hope here but not to much anymore GL everyone always wish the best for everyone! BTW the big conference announcement is this Monday and I didn’t see them in the list, plus they should be flying there right now….GL
You can’t be serious… this is the worst day MWWC has seen in 2+years lol IMO GL
It’s going to be on the 7/1 update IMO GL
$MJLB near bottom .0005 might have some potential imo SS still decent and they’re active. I grabbed some today for a risk GL
Oh I see!
TY, I grabbed a small amount this morning but haven’t looked into it much! GL
Woah!
From May 18th:
$MJLB has acquired a major client in the waste disposal industry for installation of our dashcams. This client is a result of connections made during the New Brunswick trade show.
— Ultrack Systems Inc. (@UltrackI) May 18, 2023
Massive dump just hit wow unreal
Thin!
That would SUCK!
Not good………..
Woah!!
Nice, also GZIC up 50% today GL.
It’s interesting, but company is in default in NV haven’t been keeping up on filings from what I’m seeing. Don’t they need to get that back to current before any merger? TY
GZIC getting attention now looks like! GL
Nice buying now imo!
Nice! Hopefully dilution is done because the share structure is still really good IMO GL
Yup, hoping this goes the positive way and they were just working out deals! GL
What volume? Lol
Wrong board
Not July yet… bout 50/50 from telling you that you were right lol…. Not quite yet.
Why would someone so negative be the most interested in a stock that only goes down!?!???? I’m so confused!?!????? Ohhhhhh wait……………