Bantek Inc (BANT)

[moneym8ker]

HAAAAAAA
HAAAAAAAAAAAAA

LOL...
Seriously;
BANTEK tweeted that they are not a scam. They tweeted it so it must be true.

Never mind the recent loan of $78,000.00 they just got at 112% prepayment.

Who’d they go through? Paydayloans.com?

Their debt is eligible for conversion to shares in 180 days with a whopping 35% discount to the lowest two days over a 15 day period prior to conversion.

In other words, if they were eligible today, they could get BANT stock, $78,000.00 worth) for $0.00039 per share then turn around and sell it into the market for $0.0006 or higher yielding an immediate 35% return on their investment.

That note holder (at today’s pricing) would get a whopping 195,000,000 shares of BANT.

That’s gotta taste good eh?

No matter what the share price is in 180 days, the noteholder gets their shares at a 35% discount.

It’s a good thing BANT just offered 2.5 billion shares with their S-1.

When’s the Reverse Split?

I’m guessing it’ll be once they’ve completed some more toxic notes and are fat with cash that shareholders funded.