Wednesday, April 08, 2020 9:22:23 PM
The one with a balance of $40k converted at $0.00605 per the subsequent events, but they added 3 more notes at $55k in October:
What notes the company PR'd about paying off are a mystery, as they do not match either the existing or the October notes. A lot of dilution occurred, so you have to figure some of the notes on these pages did convert at nice discounts and took advantage of the price spikes from the pumps.
But, whatever these notes are they retired and how they did it we'll not know. The accounts payable exceeded their cash in that same report, and there is no source of profit to pay off any such note.
I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.
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