Affinity Beverage Group Inc (ABVG)

[stervc]

ABVG & its 3(a)(10) Exemption Debt Resolution

Considering the over 1.1 Billion in volume in one day alone this past Friday, Feb 3, 2017 in ABVG, I would guess that it's safe to presume that such 165,540,000 Shares that were issued for Debt Resolution have been absorbed into the hands of a few investors within the market.

On December 23, 2016, ABVG had issued 165,540,000 Shares to Tarpon under the judge approved 3(a)(10) Exemption of which all related parties had agreed that such said amount would be enough shares to satisfy the entire claim amount of $585,000 worth of debt indicated under NOTE 7: SUBSEQUENT EVENTS:
(Really focus and pay particular attention to what’s highlighted in green and blue.)

http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=165159

Then read this post courtesy of TradeForProfits:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128445985
So digging into the 3a10, some great news:

Typically, debt conversions continue until there are no more conversions left, regardless of the amount of $ recouped from the sale into the market.

So you convert $20k out of $350k debt, you are left with $330k debt. If that $20k results in $50k in returns, it doesn't change the $330k remaining debt. Additionally, typical convertible debts are structured such that if you converted $20k but only recouped $15k, an additional $5k would be convertible to make up the difference WITHOUT reducing the total remaining $330k in this example.

With the 3a10, $350k is the return limit. So if you convert $20k and recoup $50k, the debt is reduced by $50k, leaving $300k in this example.

Based on rough calculations only, I estimate around $200k-$250k has already been recouped over the past 2 weeks.

v/r
Sterling