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Re: Knux post# 28580

Friday, 05/14/2021 10:55:40 PM

Friday, May 14, 2021 10:55:40 PM

Post# of 52395
How do you convince your promissory note (debt) holders to execute a debt to equity conversion in the high 60 cents per share range and then turn around and sell equity directly at 10 cents per share - and sell almost 36 million shares of it? Someone from the Company needs to answer this question.

Also, how many investors purchased these 36 million shares? One, 3, 10, 50+?? We should know this. Did either of the two former promissory note holders take down a sizeable chunk of this equity offering at 10 cents? How do you distribute that many shares in such a short period of time at a nice round number like 10 cents? There's more going on here in my opinion than what we're seeing.

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