Crednology Holding Corp (fka COHO)

[sam1933]

there were long talks over "a different issue" we wanted our shareholders to know that we do still have some debt that can be converted to company stock but not sold until next year." ***Management is considering buying back as much of this debt as possible before it creates any significant dilution to the stock.*** see-here...Business Update More Excellent Business News ,datedJuly 26, 2018

confirmation from 08/09/2018 Semi-Annual Report see->-here

NOTE J – SUBSEQUENT EVENTS
On July 5, 2018, a convertible lender converted 194,666,667 shares. Although converted these shares cannot be sold into the market until January 2019.

NOW LETS SEE THE FINAL RESULTS
Disclosure Statement For the Period Ending: June 30, 2019

SCRIPT FROM "Disclosure Statement" Issuance History:
July 5, 2018 194,666,667 COMMON SHARES ISSUED TO Tangiers Investment group, LLC
Michael Sobeck FOR $7300 Debt Conversion---***Were the shares issued at a discount to market price at the time of issuance?***

converted price is way below "Conversion Price", which shall mean 40% of the Market Price during the 20 consecutive Trading Days prior to the date of conversion
converted price=$7300/194,666,667= $.000037

Now lets see coho historical prices during the 20 consecutive Trading Days prior to the date of conversion On July 5, 2018


THE LOWEST PRICE WAS .0006 which shall mean $.00024 "Conversion Price"(40% of the Market Price during the 20 consecutive Trading Days prior to the date of conversion)

converted pricE $.000037 was 6.5 TIMES LOWER than $.00024 "Conversion Price"


Q TO ORIE: Please explain how this transaction can be done ? IS THIS LEGAL? Is this within the boundary of the agreement?

...Convertible notes payable consist of the following: 
 The Convertible Note is convertible, in whole or in part, at any time and  
 from time to time before maturity at the option of the holder at the  
 Variable Conversion Price, which shall mean 40% of the Market Price.  
 The Market Price is defined as the lowest Trading Price for the common 
  stock during the 20 (twenty) Trading Day period ending one Trading Day 
  prior to the date the Conversion Notice is sent...

THIS IS JUST ONE EXAMPLE...MORE COMING!!!

$COHO LONG BAGHOLDER