Friday, June 18, 2021 9:38:21 AM
I guess the “Smea2z Note” is an example of renegotiating debt. Devil is in the details and you know what is in the PRs for Data433 is always very deceptive. The “Smea2z Note” grew from $220K to over 600K. That was a disputed note which was reduced to $400K last year and converts from the .0035 price point. That is over 114 million shares that will likely convert higher with some PR help so they will easily get their $600K plus. That debt brought forward from 2018 will be paid for but current traders who will get flushed out once again with the pending reverse split. The festivities for that note conversion can start June 30th. Debt holders have always done better than either the shareholders or the company selling stock here.
https://sec.report/Document/0001493152-20-022064/
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