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Re: NewBornTrade post# 19353

Thursday, 05/07/2020 6:48:11 PM

Thursday, May 07, 2020 6:48:11 PM

Post# of 37067
That doesn't jibe with what was publicly disclosed...

I'm guessing that these are the alleged balances left on convertible notes that weren't disclosed in the last 10Q and balances on some of the 4 convertible notes that were disclosed?

$2,400 + $9,100 + $9,500 + $33,000 + $50,000 + $53,000 = $157,000.

Answer from John,

These are the notes with balances that are eligible now or will be eligible for conversion in the next few weeks. We have one other note that won't be convertible until July. This is what I'm trying to pay off either with one new funder or a pool of investors.

Jan.18, 2018- $ 2400

July 2, 2018 9100

Aug. 19, 2019- 9500

Sept. 4, 2019 33,000

Oct. 8, 2019 50,000

Oct. 22, 2019 53,000

Thanks,

John

Try and match these numbers up, above, with what was disclosed, below, as of December 9,2019 (12/09/19) in the TLSS 10Q. The top $50,000 isn't a convertible note. The convertible notes below (VSYM 10Q) total $175,989. So, the issuance of 1.4 billion shares only reduced the disclosed convertible notes by $18,011...

$18,000 for 1.4 billion shares? That's $0.0000128 per share!

Dates on these notes listed here, in Campo's e-mail don't match the SEC 10Q filing's.

He has two (2) notes (in red text above) that were apparently SOLD after the 10Q period end (Sep 30, 2019): (1) Oct 8, 2019 $50,000 and (2) Oct 22, 2019 for $53,000. They should have had an 8K for each (or both at the same time) within 4 business day of their respective purchases. At the very latest these two notes should have been disclosed in the Subsequent Events section of the 10Q. Subsequent Events from the end of period (quarter) date (Sep 30) to the filing date of the 10Q, which was Dec 9, 2019. vsym.sec.gov

A 3rd note, Sep 4, 2019 for $33,000, also in red, above, wasn't even included in the VSYM 10Q SEC disclosure below...period end was Sep 30, CEO says he sold a convertible note on Sep 4 for $33,000...that unregistered sale of equity securities was required to be disclosed in the period ended Sep 30, 2019...if it wasn't previously disclosed in an 8K, which it wasn't.

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