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Re: Mugsy post# 31921

Thursday, 01/18/2018 1:30:57 AM

Thursday, January 18, 2018 1:30:57 AM

Post# of 44455
New Tangiers debt alone is 23 billion possible shares. Calculations are here: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137225020

I conservatively added another $10,000k convertible debt remaining on top of the Tangiers debt. There's definitely more than that remaining though.

A/S is actually 20 billion at the moment. And nothing stopping from CEO raising it even further on a whim. If you read the filings you'll get the facts.

TWENTY-THREE BILLION SHARES COULD GET GET DUMPED.

Today's low: $0.00001. (That's right, 4 zeroes).

At a 50% discount, that means debt will convert at $0.000005/share for the next 25 trading days. (That's right, FIVE zeroes)

$115,000 debt = convertible into 23b shares.

TWENTY. THREE. BILLION. NEW. SHARES.

All for a measly $92,000.


On November 10, 2017, Service Team Inc issued a 12% Convertible Promissory Note payable to Tangiers Investment Group LLC (the "Investor") in the principal amount of $115,000. The Note, which is due on November 10, 2018, was funded by the Investor in the sum of $20,000 and $3,000 was retained by the Investor through an original issue discount or "OID" for due diligence and legal expense related to this transaction. The Note is convertible into shares of the Registrant's common stock, par value $0.001, at a conversion price of 50% of the lowest trading price of the Company's common stock during the 25 consecutive trading days prior to the date on which Holder elects to convert all or part of the Note.




From latest 10k filing: www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12418023


Please share with us where you get “25 billions” shares left to dilute. I see an AS of only 4.5 billion...
https://www.otcmarkets.com/stock/SVTE/profile