ABCO Energy Inc. (ABCE)

[GaiusGracchus]

I want $ABCE to succeed as much as anyone here, but thats just incorrect. There was an 8k released on this last friday. Promissory note in the amount of $87k.

https://www.sec.gov/Archives/edgar/data/1300938/000118518518001131/ex10-0.htm

ARTICLE I. CONVERSION RIGHTS

1.1 Conversion Right. The Holder shall have the right at any time on or after the Issue Date, to convert all or any part of the outstanding and unpaid principal amount and accrued and unpaid interest of this Note into fully paid and non-assessable shares of Common Stock, as such Common Stock exists on the Issue Date, or any shares of capital stock or other securities of the Borrower into which such Common Stock shall hereafter be changed or reclassified at the conversion price

They can convert up to 9.99% of OS (~24M) at 57.5% of lowest SP of previous 15 days. Which puts the current conversion price at ~0.0010. This is why I believe we have seen such high short volume in the last few days. They want to get us as low as possible before they convert.