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Re: snpwfan post# 86738

Sunday, 03/07/2021 12:59:24 PM

Sunday, March 07, 2021 12:59:24 PM

Post# of 113768
First, we don’t know if that Dec, 2019 has the ability to be paid off in cash. The prepayment reference in the financing agreement is for the notes that come out of the $2 million financing which the Dec 2019 note is not a part of.

Second, when you look at the only consideration for the financing agreement being the conversion price reduction to $0.001 it is pretty clear what is happening. Besides they have already received much more than the $96K remaining on that note as of Feb 3 (they have already started converting)

So why wouldn’t they use that to pay it off first given its toxicity????

Again...if someone wants to believe they aren’t going to convert, that is fine. But the coming financial filings will show it if the change in the OS update doesn’t show up sooner.

"Harsh reality is always better than false hope"

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