Tonner One World Holdings Inc (TONR)

[Voices of Reason]

Your analysis does not make any sense. These are two separate items.

The $2 million loan will be on its own terms - interest and conversion rate on terms that I am sure will make him very happy with his risk (unless they treat him like WHC, Darling, Gel, and LG).

The 5% of purchase orders is a simple annuity with no risk. A more realistic example is taking the current $830k PO from Walmart - he gets $41.5k just for saying hello. Meanwhile OWOO takes on all the risk of making a margin, paying for cost of sales, G&A, Interest expense, marketing, returns, and convertible notes.