Thursday, June 21, 2018 12:34:04 PM
If the company's technology was that legit, they would have had massive private funding from investors rather than having to go on the OTC to seek funding.
During the three months ended March 31, 2018, the Company converted $58,430 in principal of the Notes, plus accrued interest of $20,441. As a result of the conversion of these Notes and the change in fair value of the remaining notes, the Company recorded a loss on net change in derivative and conversion of debt in the amount of $360,283 in the statement of operations for the three months ended March 31, 2018. At March 31, 2018, the fair value of the derivative liability was $5,453,635.
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