Monday, September 28, 2020 9:10:07 AM
From latest 10Q June 2020:
"The note balance was $106,092 as of June 30, 2020 and December 31, 2019" The same balance was stated on the June 2019 10Q. No converting happening from it.
It was issued in connection with the reverse merger in April 2018. I am not worried about it personally. The CEO has purchased 19.5 million additional shares in the last 10 weeks. And, the float has been reduced from 54 million to 41 million over that same time frame. Obviously do what is comfortable for you, but the CEO is putting his $ on the line and where his mouth is, rare in OTC/Pink land. Also, they recently paid off all long term debt. And, they are profitable. And they are expanding to keep up with demand.
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