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Re: YeahYeah7 post# 34775

Thursday, 05/30/2019 7:10:47 PM

Thursday, May 30, 2019 7:10:47 PM

Post# of 38901
The 8k didn’t spell out chit.

Yes they renegotiated $1.3mm in debt. No details on what other than ‘not shares’. That’s good, but $1.3mm needs to be repaid. 26.5% usary fees?
It get that.

The $9k note gave no details other than its convertible
Convert how?

$9k converts to a 60% discount to the lowest closing BID price within the past 30days?
No one knows. Management didn’t say. They never do.
So 60% discount to .0005 is one hell of a spot to convert $9k.

$9k @ .000125 is 72mm shares.
It’s the unknown like that, that defines stink pink stock plays.

Just my guess as to why the 8k keeps this trending down.




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