Thursday, June 25, 2020 11:50:07 PM
Now the stock is at .01 if they convert back to commons which they will do based on the conversion ratio that alone maxes the AS of 1billion. That is before adding the $1.3mill in convertible notes which supposedly had a floor of .03 but still cratered the price is still not accounted for in the AS.
Now Calvary is in with 2 toxic notes and a big one for $10mill which LFAP will pull at least $3mill because the need $2,5mill in working capital.
LFAP has yet to release the terms of this disastrous note and given that this was issued at .01 the AS will have to increase here.
Given Maxim's lack of funding here recently raises red flags and why would they let calvary come in for $10mill toxic note which basically swallows the whole company?
See below the companies Calvary has invested in let me know if you find a winner.
$DP* trades on nasdaq and its a reverse splitting dilution scam whichis what LFAP will turn into.
Pedal to the metal dilution coming here shortly .002 is going to be the bottom.
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