Toxic Funders

[surfkast]

Here is a classic example of a toxic funder cashing out. This is a JWM shell OPMZ. Many 5 and 6 decimal blocks went off. I am waiting to see a Schedule 13G.

1pm Industries Inc ( (OPMZ)
0.0001 0.000099 (9900.00%)
Volume: 321,433,325 @11/27/20

Reporting person Fife Trading, Inc. is the sole manager of reporting person St. George. St. George has rights to convert a Promissory Note into shares of the Issuer’s common stock which, except for a contractual 9.99% cap on the amount of outstanding shares that St. George may own, would exceed the cap. Thus, the number of shares of the Issuer’s common stock beneficially owned by St. George as of the date of this filing was 262,662,307 shares, which is 9.99% of the Issuer's 2,629,252,319 shares that were outstanding as of January 19, 2018 (as reported in the Issuer’s Form 10-Q, filed January 22, 2018).


https://www.otcmarkets.com/filing/html?id=13852067&guid=FR1qUqPU9SV8jth

I believe there are more notes out there with a conversion price 0f .00004.


https://www.otcmarkets.com/filing/html?id=12487367&guid=Iz1qU6atwjQ_Wth