BrewBilt Manufacturing Inc (BBRW)

[Arthur]

Short Interest: 120,000 (100%) 04/13/2018
Significant Failures to Deliver: No
https://www.otcmarkets.com/stock/VTNL/security

So there's 120,000 shorted VTNL shares.

And there's $715,220 of convertible debt on VTNL books.

And that debt converts at 42% of the lowest trading price of the last 30 trading days.

Calculation of Conversion Price . Subject to the adjustments described herein, the conversion price (the “Conversion Price”) shall equal the lesser of (i) 58% multiplied by the lowest closing price of the Common Stock (representing a discount rate of 42%) during the previous thirty (30) Trading Day period ending on the latest complete Trading Day prior to the date of this Note and (ii) the Variable Conversion Price (as defined herein) (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower’s securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events).

For example during last Quarter, $213,824 of debt were converted into 1 and a half billion dilutive VTNL shares.

During the three months ended March 31, 2018, the holders of convertible notes converted a total of $213,824 of principal, accrued interest, note fees and penalties into 1,505,166,503 shares of common stock.

So right now, those toxic lenders are using Rushford's fluff PRs to dump one or two billion new dilutive VTNL shares into the greedy hands of hapless chumps. All the while blaming Shorty, of course.