Saturday, February 15, 2020 1:16:12 AM
a. The new promissory note is much less than the one on 1/10. Thus they need more cash than the $350,000 they got on 2/10 to pay it off.
b. The 8-K on 1/10 stipulated a 60 day restriction for getting a loan or promissory notes, unless the amount is over 2 million dollars. They wouldn't be able to do the new 8-K, unless the 1/10 8-K is complete.
In summary, the 8-K on 1/10 is complete due to the fact that the loaner already converted the promissory note into 40 mil shares at 0.015. The new 8-K is just like the one on 1/10 to expedite business and get product into market. Remember that the company is ready to sell and deliver products for all 30 teams on Feb. 23 at 10% discount, as shown below. It is a special they are offering at the upcoming NGA.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153847598
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM