One more time. There are numerous ones, mostly very small firms in New York or New Jersey, that do the business for institutions. And institutions ONLY. Chances are any retail investor has never heard of them, since they are not MM's themselves but funnel their trades through one of the well known penny MM's.
If you are retail, they won't deal with you. But if you are an institutional investor, including toxic death spiral convertible lender, no problem.
Those toxic lenders didn't use Alpine, anyway. Alpine's customers were mostly penny stock insiders and "undisclosed" promoters and funders. In other words, much of their business was fraud related who were trying to deposit certificates.
Toxic lenders don't deal in certificates. They actually sell the stock before they convert, but since it is done same-day, it is, by regulation, considered a "long" trade, not a short.
And that is why stocks that have large amounts of toxic death spiral conversions (dumping) have HIGH short volume numbers. The MM is selling stock they don't yet own, so they have to mark those trades as "short", even though, by regulation, they cover the trades at the close (and thus there is ZERO short INTEREST) with the toxic lender's conversion notice.
And look at Max Sound's SEC filings. Their toxic lenders are having no problems converting and dumping sub-penny stock, are they? Just look at all the conversions during the current quarter!
On January 29, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 45,537,340 shares based on a conversion price of $0.00057 per share (See Note 6).
On February 7, 2018, the Company entered into a conversion agreement with GS Capital Partners, LLC, relating to a convertible promissory note dated August 3, 2017 with the original principal amount of $105,000 for 40,012,646 shares based on a conversion price of $0.00065 per share (See Note 6).
On February 5, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 45,454,545 shares based on a conversion price of $0.00057 per share (See Note 6).
On February 8, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 47,169,811 shares based on a conversion price of $0.00059 per share (See Note 6).
On February 8, 2018, the Company entered into a conversion agreement with Iliad Research and Trading, LP, relating to a convertible promissory note dated July 26, 2016, with the original principal amount of $171,665 for 68,937,161 shares based on a conversion price of $0.00062 per share (See Note 6).
On February 15, 2018, the Company entered into a conversion agreement with Bellridge Capital, LP, relating to a convertible promissory note dated January 5, 2017 with the original principal amount of $147,000 for 100,521,821 shares based on a conversion price of $0.00046 per share (See Note 6).
On February 20, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 40,540,541 shares based on a conversion price of $0.00043 per share (See Note 6).
On March 2, 2018, the Company entered into a conversion agreement with GS Capital Partners, LLC, relating to a convertible promissory note dated August 3, 2017 with the original principal amount of $105,000 for 80,413,076 shares based on a conversion price of $0.00026 per share (See Note 6).
On March 5, 2018, the Company entered into a conversion agreement with LG Capital Funding, LLC relating to a convertible promissory note dated August 30, 2017, with the original principal amount of $121,579 for 30,801,128 shares based on a conversion price of $0.00026 per share (See Note 6).
On March 12, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 71,000,000 shares based on a conversion price of $0.00024 per share (See Note 6).
On March 12, 2018, the Company entered into a conversion agreement with Bellridge Capital, LP, relating to a convertible promissory note dated May 11, 2017, with the original principal amount of $120,000 for 109,173,165 shares based on a conversion price of $0.000195 per share (See Note 6).
On March 12, 2018, the Company entered into a conversion agreement with Iliad Research and Trading, LP, relating to a convertible promissory note dated October 3, 2016, with the original principal amount of $171,665 for 128,205,128 shares based on a conversion price of $0.00081 per share (See Note 6).
On March 15, 2018, the Company entered into a conversion agreement with LG Capital Funding, LLC relating to a convertible promissory note dated August 30, 2017, with the original principal amount of $121,579 for 94,427,923 shares based on a conversion price of $0.00016 per share (See Note 6).
On March 19, 2018, the Company entered into a conversion agreement with GS Capital Partners, LLC, relating to a convertible promissory note dated August 3, 2017 with the original principal amount of $105,000 for 96,839,615 shares based on a conversion price of $0.00013 per share (See Note 6).
On March 19, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 71,000,000 shares based on a conversion price of $0.00024 per share (See Note 6).
On March 19, 2018, the Company entered into a conversion agreement with Bellridge Capital, LP, relating to a convertible promissory note dated May 11, 2017, with the original principal amount of $120,000 for 122,996,846 shares based on a conversion price of $0.00013 per share (See Note 6).
On March 21, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 31,000,000 shares based on a conversion price of $0.00016 per share (See Note 6).
On March 23, 2018, the Company entered into a conversion agreement with GS Capital Partners, LLC, relating to a convertible promissory note dated August 3, 2017 with the original principal amount of $105,000 for 104,997,230 shares based on a conversion price of $0.00013 per share (See Note 6).
On March 23, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 71,000,000 shares based on a conversion price of $0.00016 per share (See Note 6).
On March 21, 2018, the Company entered into a conversion agreement with Bellridge Capital, LP, relating to a convertible promissory note dated May 11, 2017, with the original principal amount of $120,000 for 123,047,385 shares based on a conversion price of $0.00013 per share (See Note 6).
On March 26, 2018, the Company entered into a conversion agreement with Power Up Lending Group, LTD, relating to a convertible promissory note dated July 27, 2017 with the original principal amount of $123,000 for 24,142,857 shares based on a conversion price of $0.00016 per share (See Note 6).
On March 26, 2018, the Company entered into a conversion agreement with Iliad Research and Trading, LP, relating to a convertible promissory note dated October 3, 2016, with the original principal amount of $171,665 for 141,538,462 shares based on a conversion price of $0.00020 per share (See Note 6).
On March 26, 2018, the Company entered into a conversion agreement with LG Capital Funding, LLC relating to a convertible promissory note dated August 30, 2017, with the original principal amount of $121,579 for 169,173,000 shares based on a conversion price of $0.00016 per share (See Note 6).
On March 27, 2018, the Company entered into a conversion agreement with GS Capital Partners, LLC, relating to a convertible promissory note dated August 3, 2017 with the original principal amount of $105,000 for 56,584,230 shares based on a conversion price of $0.00013 per share (See Note 6).
On March 28, 2018, the Company entered into a conversion agreement with Bellridge Capital, LP, relating to a convertible promissory note dated May 11, 2017, with the original principal amount of $120,000 for 164,299,231 shares based on a conversion price of $0.00013 per share (See Note 6).
