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Re: Nistel post# 49904

Friday, 05/10/2019 9:58:13 AM

Friday, May 10, 2019 9:58:13 AM

Post# of 70627
From page 29 of the documented page number (1 example of many):

On October 18, 2017, the Company accepted and agreed to a Debt Purchase Agreement, whereby Emunah Funding LLC acquired $20,000 of debt from a Tri-Bridge Ventures LLC convertible note in exchange for $25,000. The note bears no interest, matured on October 18, 2018, and is convertible into common stock at 57.5% of the lowest trading price of the 20 trading day period ending on the latest complete day prior to the date of conversion. The Company recorded a debt discount from the derivative equal to $25,000 due to this conversion feature, which was amortized to the statement of operations. The note has converted $5,000 of principal into 72,464 shares of common stock. As of December 31, 2018, the note had a principal balance of $20,000. This note is currently in default.



Maturity date Oct 18th 2018, so did the conversion take place already? If so it was a measly 72,464 shares.... LOL

Yes, there is still $20k owed and in default but this is debt that the new CEO was handed down from the last crooked mgmt team. I feel the new CEO will get the company on track and make this a respectful business.

I think that so much I have bought a ton of shares.....shares from a low float pile...

$$SIML$$

Eighty percent of the population is ignorant and the other
twenty percent live off of them.