VG Life Sciences Inc. (VGLS)

[Eddie2468]

It seems the VWAP went from 20 days down to 15, which really is meaningless.

The wording in the Amendment Schedule B makes no sense if T&T can convert at anytime. With the numbers of shares below to convert to, why would T&T wait at all especially to wait until 2020?

If the share price is .20 T&T can convert $862,500 into 4,312,500 shares

If the price is $1 T&T can convert $862,500 into 862,500 shares

and if the price is $2 T&T would convert $862,500 into 431,250 shares

Whether the stock is going up or down, why would T&T wait if they can convert at any time? That really doesn't make sense!

But I agree, it's confusing.