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Re: Cartman 3_16 post# 61713

Thursday, 05/06/2021 2:05:10 PM

Thursday, May 06, 2021 2:05:10 PM

Post# of 64320

past-due or coming-due debt, which are immense



Here's a peek at some of it, courtesy of the recently filed 10-K. As I've stated previously, this makes the "company" look like little more than an ATM for noteholders, just like it's been for the last four years, since the current noteholders signed on, and the incremental devaluation of honest retail shareholders began in earnest.

As of December 31, 2020 and 2019, $7,152,383 and $4,510,384 in convertible notes are past due. ...

The convertible notes are secured by assets and the common stock of the Company, bear interest at 12% per annum and are due three years from the dates of issuance.


As of December 31, 2020, the Company had outstanding short-term convertible notes payable of $9,437,192 ... and outstanding long-term convertible notes payable of $418,943. .... The convertible notes payable mature(d) between November 2018 and November 2022 and are convertible at $0.06 per share


Convertible notes payable, interest at 12%, convertible at $0.06 per share, unsecured, due between April 20, 2020 and December 24, 2023: $5,223,754