Thursday, June 22, 2017 5:32:40 PM
If any munny is loaned, it will be in voluntary tranches - so the lender releases $50,000 and then nothing until it is floorlessly CONverted into shares and DUMPED. Then, and ONLY then, another $50,000 will be made available. Until the PPS is so trashed that no further CONversions are likely to be profitable - then no more tranches will be loaned.
The notational 'cap' of XXX million is just a ruse to cover what is just another toxic floorless CONvertible series of small loans that are CONverted into scads and peawads of new shares.
It would be like me loaning you 'up to $21 million', only $50,000 at a time and you can't gett the next $50,000 until I've CONverted the prior $50,000 owed and made my 100 percent profit on that.
And the lender can discontinue lending at any time for any reason or no reason at all.
That's why you can call it $21 million or billion or trillion - it is MEANINGLESS.
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