Forwardly Inc (FORW)

[I-Glow]

Sharp has lowered the bar once again - now he has Zero credibility.

From the press release:

"Under the terms of the non-brokered, 12 month 15% notes, the financiers have the option to convert any part of the principal and interest @ $.0032 per share, on a post-split basis.

First we know the note will be converted because GRDO doesn't have any assets or revenue.

The post split price will be around 0.0056 - so the lender will have a 75% return on their investment.

Now that is a sweetheart deal for lender. And the loan is toxic.

IG