Home > Boards > US OTC > Medical - Equipment > Jubilant Flame International Ltd. JFIL (JFIL)

They put this is there too- “On December

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MattyTrader Member Level  Tuesday, 01/14/20 10:44:34 AM
Re: Shakedown post# 2520
Post # of 2910 
They put this is there too- “On December 9, 2015, the Company issued a convertible debenture to Peak One Opportunity Fund, LP, in the principal amount of $60,000. The company repaid $800 and $59,200of the debenture was converted during the fiscal years ending February 28, 2017 and 2018, with the issuance of an aggregate of 5,707,137 shares of common stock, based on a discounted conversion rate of 60% of the lowest closing bid price of a share of common stock for the twenty trading days preceding the conversion date.”


Looks like only note paid off so this is trading very cleanly imo


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