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Tuesday, February 19, 2019 11:08:56 PM
.. (i) Dilutive Effect . The Company understands and acknowledges that the number of Conversion Shares and Warrant Shares will increase in certain circumstances
https://www.otcmarkets.com/filing/html?id=13237097&guid=cDZtUn8STty85yh
Think about it, company’s signs $75m but can’t pay its bills?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146926589
Below before today’s filings!
Accumulated deficit $25million, Liabilities $2.7m, series A120m, series B 1m, series C 1m.
https://www.otcmarkets.com/filing/html?id=12975437&guid=
..Dilutive Effect. The Company understands and acknowledges that the number of Conversion Shares and Warrant Shares will increase in certain circumstances..“ Mandatory Default Amount ” means the sum of the greater of (A) 200% of the outstanding principal amount of this Note, plus 100% of accrued and unpaid interest hereon,..
Within fifteen (15) days after the Closing Date, the Company shall have obtained “key person life insurance”, on the life on Anshu Bhatnagar, in an amount equal to at least $1,250,000, payable to the Company. Such insurance may be obtained only with an insurer reasonably acceptable to Buyer.
CONVERTIBLE NOTE
($1,250,000.00 USD)on November 8, 2019 (the “ Maturity Date ”
(200,000.00 USD) on November 11, 2019 (the “ Maturity Date ”)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146778892
More than one note, IMO when they mature folks will be blindsided.
Glta
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