Propanc Biopharma Inc (PPCB)

[vferro]

Long story short, convertible debt is a way companies with 0 revenue pay the bills. Instead of financers expecting the 0 revenue company to pay back a loan, the company gives them a bunch of "newly created out of thin air" common stock to sell to the float. This dilutes the market so heavily that most OTC companies stock tickers drop an astonishing amount because the buying pressure, even if insanely high, can't keep up with.

We're talking tens of millions diluted to the market or more for most OTC.

Keep in mind, each reaction they test in lab costs thousands to tens of thousands of dollars. With no sellable product, convertible debt is how they pay everything.

*the terms of when the "creation" of the convertible notes or "warrents" to common stock and sold into the float is in the financial press releases. Reading these slowly, and understanding the words that are meant to confuse you are key to success.