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Saturday, August 14, 2021 10:14:49 PM
"On October 15, 2020, the Company issued 111,528,250 shares of common stock valued at the conversion price of $0.00004. The shares were issued to convert $4,461 of the principal and interest amount of the note dated as of January 30, 2015 to Auctus Private Equity Fund,LLC.
On October 22, 2020, the Company issued 117,093,500 shares of common stock valued at the conversion price of $0.00004. The shares were issued to convert $4,684 of the principal and interest amount of the note dated as of January 30, 2015 to Auctus Private Equity Fund,LLC."
" On November 5, 2020, the Company issued 122,936,500 shares of common stock valued at the conversion price of $0.00004. The shares were issued to convert $4,917 of the principal and interest amount of the note dated as of January 30, 2015 to Auctus Private Equity Fund,LLC.
On November 30, 2020, the Company issued 129,071,012 shares of common stock valued at the conversion price of $0.00004. The shares were issued to convert $5,163 of the principal and interest amount of the note dated as of January 30, 2015 to Auctus Private Equity Fund, LLC.
On December 21, 2020, the Company issued 135,511,674 shares of common stock valued at the conversion price of $0.00006. The shares were issued to convert $8,131 of the principal and interest amount of the note dated on January 30, 2015 to Auctus Private Equity Fund, LLC."
This was when Feldenkrais was the CEO - why would he agree to such Draconian conversion rates?
I have never seen conversion rates this harmful to shareholders.
IG
The First Casualty of Emotion is Reason.
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