Friday, January 17, 2020 11:50:42 AM
- Note is only $1mill and this is typical for RM to use the money to pay for the entire process of a RM. Companies don't use their own cash to do this they typically get financing to do it.
- Maturity date is a year away.
- Conversion price is is the lowest price of the last 25 days leading up to the maturity date
- per filing statement says the in the Article of Default events. that note can default if the company is not up-listed to OTCQX, NASDAQ, or NYSE
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