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Re: Renegades17 post# 87620

Tuesday, 05/14/2019 9:52:55 AM

Tuesday, May 14, 2019 9:52:55 AM

Post# of 186031
Thanks R17. Understood and totally agree. I want to complement what you are saying with something I have also mentioned in my posts. What you normally see in the OTC is very toxic financing, loan conversion prices are normally calculated with discounts of around 50% of the lowest share price during the previous 30 days or something like that, which ends up most of the times getting the company share price to around 10% of its current level. In this case, it is not only that there is not discount, it is the opposite, the loan is payable at around 10 times current share price. So I would expect Price being at the least on that range by November

As you said almost unheard. In my case, never heard.