![](https://investorshub.advfn.com/uicon/97387.png?cb=1545114437)
Wednesday, November 06, 2019 9:04:54 AM
1 billion shares to satsify.
Throughout the end of this year, GPL could convert 2.5 billion shares to cover the November and December coming-due notes.
This assumes the stock doesn't print .0001 during that time. If it does, double these numbers.
Poof! A/S gone very shortly.
11/2/18 50,208 50,000 208 11/2/19 The lower of 50% of lowest traded price
over 20 days preceding conversion
notice. The note carries liquidated
damages of $50 per day in the event of
default; note bears interest at 5%
GPL Ventures, LLC Loan
11/16/18 50,208 50,000 208 11/16/19 The lower of 50% of lowest traded price
over 20 days preceding conversion
notice. The note carries liquidated
damages of $50 per day in the event of
default; note bears interest at 5%
GPL Ventures, LLC Loan
12/5/18 50,000 50,000 0 12/5/19 The lower of 50% of lowest traded price
over 20 days preceding conversion
notice. The note carries liquidated
damages of $50 per day in the event of
default; note bears interest at 5%
GPL Ventures, LLC Loan
12/14/18 50,000 50,000 0 12/14/19 The lower of 50% of lowest traded price
over 20 days preceding conversion
notice. The note carries liquidated
damages of $50 per day in the event of
default; note bears interest at 5%
GPL Ventures, LLC Loan
12/28/18 50,000 50,000 0 12/28/19 The lower of 50% of lowest traded price
over 20 days preceding conversion
notice. The note carries liquidated
damages of $50 per day in the event of
default; note bears interest at 10%
GPL Ventures, LLC Loan
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