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Wednesday, August 18, 2021 3:17:42 PM
On March 19, 2021, the Company entered into a convertible note payable for $38,500 bearing interest at 10% per annum. All principal and interest is due on March 19, 2022.
In the last 4 days, the free trading stock at the DTCC (stock that is now in the note holders trading account) has increased 6,394,737.
Since the last 10Q/A, this was the common outstanding:
As of May 30, 2021 there were 71,383,476 shares of the registrant’s common stock outstanding.
Since that report, the total outstanding common is 139,693,340, almost doubled.
Don't care whether you like the above information, but it is factual.
Now if the new CEO is going to be the savior of the company, and want to do whats good for the shareholders, then he needs to extinguish all remaining debt, and have language in the next quarter report which notes have been extinguished.
Period, nuff sed.
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