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Re: tapioca post# 17511

Sunday, 02/21/2016 5:55:45 PM

Sunday, February 21, 2016 5:55:45 PM

Post# of 23400
False. Terry said that debtors are being paid off and that there were a few more conversions left...it's a no brainer that there will a little bit more dumping because the conversions aren't completely finished yet. When the conversions take place is up to the note holder, they can convert those notes at anytime after it reaches the maturity date. In other words, if there are any conversions next week, it means that we are close to being finished...keep in mind, not all lenders agree to take payment, as was the case with TPA$ (back around july) when the CEO stated he would try to pay off a note before its maturity date...the debt holder decided to decline and actually converted the note any way...not the CEOs fault.