Viva Entertainment Group Inc (OTTV)

[Neophius]

OTTV HAS $5,000,000
in an equity line of credit financing, if they need it.

Correct me if I'm wrong

Sure, easily done.

It's not an equity line of credit. It's a variable and floorless convertible note with terrible terms.

This isn't just "a loan" or just "a line of credit". The share price is directly tied to the conversions, and Ignition is allowed to convert at a 25% profit no matter how low the price drops.

Price at .0001? Doesn't matter, the note will convert at 6 decimals (.000075) and always be profitable.

It's toxic death spiral 101.

There. Education done.