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Sunday, February 22, 2015 11:50:09 PM
"As a result of the above, the balance of the notes payable is $4,488,423 face value as of September 30, 2014"
Then we add the 500k+ promotion budget they had around that time, and a few other things and we're close to that 6million marker, though 5.4mill was probably more correct. I know too they said they had 905k to pay down that 4.5 to 3.6, but that is skeptical still.
The worry is, 1billion shares only took care of 1.4million in debt and that was with the pps at a better rate than that of today. They didn't raise the A/S for no reason friend, and one thing is for certain down here, converters could rarely care less about the pps as long as they make their spread! Not too mention even after the debt is paid, we still have the bosses huge amounts of preffered, if we believe they are working for free then they would have no need to convert, but don't those preffered = they salary? ......
I wonder too now thinking, which notes and parties were recently paid? As they've said before that they tried to prepayment debts with no avail...... why the sudden change here?
Took a bit longer this time, but the very best of luck to you! And Best of luck to everyone else! Cheers brother!
They Don't Want Us to Know Marijuana
~Ebb and Flow my Man, Ebb and Flow~
Always make the final decisions for yourself, Never take
anything said by myself or others on these message boards as Advice!!
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