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Re: art35 post# 15882

Tuesday, 02/16/2021 6:57:14 PM

Tuesday, February 16, 2021 6:57:14 PM

Post# of 29747
Find the lowest trading price in the last 20 trading days...multiply that by 0.7 and then divide that into $47,850 and that will be the number of shares they could get today for one of those notes. When the stock was at $0.0001 they were getting stock issued as low as $0.000034. There are usually clauses for default that kick in a ridiculous discount...so obviously some notes were in default.

But here is the kicker...as of the last financial filing they still had close to $1 million of convertible debt on the books.

"Harsh reality is always better than false hope"

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