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Post# of 68548
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deal guy

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deal guy

Re: Jabez Advisory post# 45481

Monday, 11/13/2017 9:18:10 PM

Monday, November 13, 2017 9:18:10 PM

Post# of 68548
You get to the amount of debt by Multiplying the number Of shares by the close price of $.0001. Then multiply that amount by 60% to 80% (this is the inverse of the discount). The answer is about $50k. There is your answer to the first question

If you look at the 10K you will see Tonaquint was owed $575k at 12/31. Subtract the $50k they just converted and you are left with $525k
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