I'm not a pos so I'll be crystal clear and let the market react how it wants. This is 1.5 mil in debt that converts on Friday. Roughly 3 bil shares. Problem is we don't have the shares available meaning if it gets called up this gets halted and your money is frozen
"On June 8, 2017, the Company issued to a third-party investor a convertible promissory note for $140,750 and a back-end convertible note for $140,750. The notes
have a stated interest of 8% and each note is convertible at any time following the funding of such note into a variable number of the Company’s common stock,
based on a conversion ratio of 55% of the lowest traded price for 20 days prior to conversion. Beginning on the six-month anniversary of the note the conversion
price shall have ceiling of $0.0005. The note was funded on June 15, 2017, when the Company received proceeds of $135,000, after disbursements for the lender’s
transaction costs, fees and expenses. The embedded conversion feature included in the note resulted in an initial debt discount of $140,750, an initial derivative
expense of $454,574 and an initial derivative liability of $595,324. For the three and six months ended September 30, 2017, amortization of the debt discount of
$38,706 and $44,571, respectively, was charged to interest expense. As of September 30, 2017, the principal balance of the note is $140,750. On August 8, 2017,
the investor funded the $140,750 back-end note when the Company received $135,000 after disbursements for the lender’s transaction costs, fees and expenses.
The embedded conversion feature included in the back-end note resulted in an initial debt discount of $140,750, an initial derivative expense of $1,454,021 and an
initial derivative liability of $1,594,771. For the three and six months ended September 30, 2017, amortization of the debt discount of $44,571 was charged to
interest expense. As of September 30, 2017, the outstanding principal balance of the back-end convertible note was $140,750."
