Decentral Life Inc (WDLF): Actually went back and looked at it agai...

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double_m

Re: PENNIEStoSTACKS post# 19770

Saturday, 12/05/2020 7:19:25 PM

Saturday, December 05, 2020 7:19:25 PM

Actually went back and looked at it again. Appears the balance is 0.

As such, pursuant to current accounting guidelines, the Company determined that the beneficial conversion feature of the note created a fair value discount of $40,279 at the date of issuance when the stock price was approximately $0.01 per share. On August 24, 2020, the Company fully met and timely paid its debt obligation.

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