Cuentas Inc (CUEN)

[Arthur]

Compare the two 8-Ks:

Apr 6, 2017: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11991799

On April 5, 2017 Next Group Holdings, Inc, ("NXGH" or the "Company") signed definitive Agreements with three separate Finance Groups that hold an aggregated value of $1,106,500 in Convertible Notes. These Agreements allow NXGH to buy back up to 75% of the outstanding notes through June 30, 2017. These finance groups are locked up from converting any notes for 90 days from the date of this agreement The conversion price floor will increase from $0.02 per share to $0.10 per share if NXGH raises between $2,000,000 - $2,999,999 and will increase to $0.15 per share if NXGH is successful in raising $3 million or above in the 90 day period.

The renegotiated notes are with the following entities:
1- LG Capital Funding LLC – $738,250 (NXGH may redeem up to $526,710)
2- Cerberus Finance Group, Ltd. - $218,250 (NXGH may redeem up to 149,665)
3- Quarum Holdings, LLC - $150,000 (NXGH may redeem up to $102,743)

Jul 11, 2017: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12171097

On July 3 & July 5, 2017, Next Group Holdings, Inc, ("NXGH" or the "Company") signed definitive Agreements with effective dates of June 29, 2017, with three separate Finance Groups that hold an aggregated value of $1,106,500 in Convertible Notes. These Agreements allow NXGH to buy back up to 75% of the outstanding notes before Aug 7, 2017. These finance groups are locked up from converting any notes through August 7, 2017. Starting on Aug. 7, 2017, the conversion price floor will increase from $0.02 per share to $0.10 per share if NXGH raises between $2,000,000-$2,999,999 and will increase to $0.15 per share if NXGH is successful in raising $3 million by Aug. 7, 2017.

The renegotiated notes are with the following entities:
1- LG Capital Funding LLC- $738,250 (NXGH may redeem up to $553,688
2- Cerberus Finance Group, Ltd.- $218,250 (NXGH may redeem up to $163,687)
3- Quarum Holdings, LLC- $150,000 (NXGH may redeem up to $112,600)

Basically, Next Group H didn't buy back the Notes within 90 days, and failed to raise $3M of cash, but they get an extension until the end of August to deliver.