Blue Line Protection Group Inc (BLPG)

[OMOLIVES]

Refer here...last two notes that are unrelated(excluding the related note deemed unrelated- Helix Funding)...:

On March 21, 2018, the Company borrowed $45,000 from an unrelated third party. The Company paid $4,500 of fees associated with the loan, and had amortized $3,514 of the costs as of December 31, 2018. The note bears an interest rate: 12% (default interest lesser of 15% or maximum permitted by law) and matures on March 21, 2019. The conversion Feature Convertible immediately after the issuance, the Holder has the option to convert the outstanding principal and accrued interest into common stock of the Company. The Conversion price is 55% of the lowest trading price during the 25 Trading Day periods prior to the Conversion. Covenants: The Borrower shall not, without the Holder’s consent, sell, lease or dispose of any significant portion of its assets outside the ordinary course of business. The note was discounted for a derivative (see note 8 for details) and the discount of $40,500 is being amortized over the life of the note using the effective interest method resulting in $31,623 of interest expense for the year ended December 31, 2018. During the six months ended June 30, 2019 $33,413 of principle and interest were converted into 66,640,250 shares of common stock resulting in a loss of $38,489. During the six months ended June 30, 2019 the Company recorded amortization expense of $9,863. At June 30, 2019 there is a balance remaining on the loan of $26,006.

On October 18, 2017, the Company borrowed $150,000 from an unrelated third party. The Company paid $15,250 of fees associated with the loan, which was recorded as discount and to be amortized over the term of the debt and was fully amortized as of December 31, 2018. The loan bears interest at a rate of 10% (default interest 24%) and has a maturity date of July 16, 2018. The Holder has the option to convert the outstanding principal and accrued interest into common stock of the Company. The conversion price is the lesser of (1) lowest trading price during the previous 25 days prior to the note agreement or (2) 50% lowest trading price during the 25 days prior to conversion. Covenants: The Borrower shall not, without the Holder’s consent, sell, lease or dispose of any significant portion of its assets outside the ordinary course of business. During the year ended December 31, 2018 the Company paid $150,000 to extend the maturity date until May 11, 2019. During the six months ended June 30, the Company paid an $75,000 of extension fees. The note was discounted for a derivative (see note 8 for details) and the discount of $134,750 is being amortized over the life of the note using the effective interest method which was fully amortized as of December 31, 2018. During the six months ended June 30, 2019 the holder converted $8,580 of accrued interest into 26,000,000 shares of common stock resulting in a loss of $11,440.

A total of $225,000 has been paid toward a $150,000 note to extend the date. As such, ending June 30th, a total $8,500 in interest has been converted into 26 Million shares.

Subsequently," Subsequent to June 30, 2019 a note holder converted $12,952 of accrued interest and fees into 57,842,400 shares of common stock. " That interest can hopefully be assumed to be related to the larger extend note.

Understanding this :

As of August 15, 2019, the registrant had 623,417,372 outstanding shares of common stock.

And knowing that the subsequent event is included in the August 15th share count. We then derive the current outstanding of 721,361,538 less the 623,417,372 to be what has been converted since Aug 15th.

Said total is a rough 98 Million shares multiplied by .000275(conversion factor not including any coupon). Further ..said total comes to $26,950.00

Do you all see it? Seriously..do you?