Theralink Technologies Inc (THER)

[learningcurve2020]

And yet somehow these guys are going to run trials? Hmm

At September 30, 2018, we were in default on our convertible notes payable with principal balances aggregating $774,485 due to the late filing of our annual and quarterly filings and due to non-payment of notes on the due date. Pursuant to the default provisions, the convertible notes in default now bear interest at 24% per annum, the conversion price of the notes were lowered to $0.006 or the Default Conversion Price (defined as 60% of the lowest closing price during the prior twenty trading days of the common stock as reported on the OTC Pink Marketplace or other principal trading market) and the exercise price of the Warrants shall be 60% of the Default Conversion Price. As of November 12, 2018 the total amount in default was $612,940 and $123,956 principal and accrued interest, respectively.