LGBTQ Loyalty Holdings Inc (LFAP)

[jhnvtjll]

Nice conversion price of $0.01. Glad it's not sub-penny. Great to see debt being eliminated.

Effective December 19,2017 Lawrence Roan, a director, converted $39,935 of the $41,500 in debt owed to him by us, into 3,993,500 shares of our common stock at a conversion price of $0.01 per share and forgave the balance of the debt, including all accrued interest due thereon. He also forgave all interest accrued on the converted amount. Effective December 19, 2017 Lesly Thompson converted $54,000 of the $55,500 in debt owed to her by us, into 5,400,000 shares of our common stock at a conversion price of $0.01 per share and forgave all interest accrued on the converted amount.. The shares issued upon these debt conversions were issued in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended.