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Re: gerard711 post# 79231

Sunday, 04/11/2021 9:48:35 AM

Sunday, April 11, 2021 9:48:35 AM

Post# of 81740
I thought I had seen everything.

ISWH issued a press release dated 4/7/21 with the following headline:
"ISW Holdings Announces Elimination of More Than $2.4M (92%) of Outstanding Convertible Debt"
In the release they don't say when they did that or indicate HOW they did it.


In response to that question you report that:
"That was done from the 4.5 million that RB Capital invested in ISWH"
ISWH has NEVER said anything about receiving any funding from RB Capital or receiving 4.5M from ANYONE. Obviously that would have to occur based on a material agreement IF it actually occurred and in spite of the requirement to report such an agreement based on OTCMarkets Guidelines that hasn't happened.
(https://www.otcmarkets.com/stock/ISWH)

But a quick Google search reveals what you apparently found out SOMEHOW, via a Tweet by some guy named Brett Rosen ( ). The Tweet says "UPDATE: As promised, another $500,000 investment into $iswh made today (3/29/2021)! The funds have already been wired to
@iswholdings making a total of $4,500,000 million invested by RB Capital since Feb 1st! "
It also includes the first page of a CONVERTIBLE note, initialed by AP. The full terms of conversion appear in "Section 3", which IS NOT reproduced as part of the Tweet.

The fact is that Brett Rosen, whoever he is, has no obligation to report the terms of ISWH's material agreements....ISWH does. And they HAVE NOT. In fact they studiously avoided mentioning that they apparently have eliminated "More Than $2.4M (92%) of Outstanding Convertible Debt" by taking on at least $4.5M of NEW Convertible Debt, if Mr. Rosen can be believed.

Hard to believe, but Alonzo Pierce found a way to get further down into the bottom of the barrel. When will HE tell investors about the RB Capital loan? Does he think it's okay to wait until the Q1 report in the middle of May?


Thanks for this:
"That was done from the 4.5 million that RB Capital invested in ISWH"
How did YOU find out about it?


It's morally wrong to allow a sucker to keep his money.
......W. C. Fields