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Re: Full Contact Yoga post# 152626

Friday, 06/17/2016 12:21:58 PM

Friday, June 17, 2016 12:21:58 PM

Post# of 183455
Plus TCA Global has a lien on all of Grow Big Supply's assets (inventory),
and if Pervasip misses one mostly payment (or fail to file its quarterly reports), the interest rate jumps from 18% to 23% and TCA's Series J shares give it control of the company:

As further consideration for TCA entering into and structuring the SPA, the Company paid TCA an advisory fee of $175,000 by issuing to TCA 17,500 shares of its Series I convertible preferred stock. Additionally, the Company issued 51 shares of its Series J preferred stock to TCA, which gives TCA voting control of the Company if the Company is in default of any agreement with TCA.