Saturday, October 20, 2018 2:34:06 PM
-Company negotiates funding & terms with a convertible note holder
-Note holder converts on stated conversion date at stated terms and new shares are added to the existing os at that time.
-New shares are sold into the market on an as purchased basis.
The time between conversion and sold into market might be a day or a year. Bob said all but two notes had converted. That doesn't mean all of the shares were sold into the market yet.
Roaming Bull Investments LLC
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