The most important line...
" To date Old Main has purchased $170,000 of such debt by paying TCA a total of $163,000 and paying legal fees of $7,000 to legal counsel for Old Main and TCA. To date a total of $144,089 has been converted into 46,153,843 common shares."
Do the math folks! Back in January 2017 PLSB was trading at $0.03 (Yes, that's THREE CENTS) and they allowed Old Main to convert at a dollar cost average of $0.003!!! They issued 46 MILLION SHARES for only $143,089 dollars! To assume the full $1.7 Million that was (is) due to TCA calculate how many shares will have to be issued as the price kept dropping (to $0.0015) to fully pay of TCA Global? That's right...BILLIONS! Disgusting :(
