Regen BioPharma Inc (RGBP)

[Bridget21]

Mr Koss achieve great accomplishments in short time, bravo!..but I am wondering:

On Sept 17, RB issued a promissary note of $1,500,000. ($1,390,000. left after.. bla..bla..bla…)
Sept 21 RB paid 800k to ChemDiv Inc.

Why issue a p. note for the amount of $1,500,000 if RB own to ChemDiv Inc only 800K?

Following Default by RG, p. note become convertible in common shares.

Why RB would pay capital/interest till July 2022 if there is default to pay, he can pay the bill w common shares? It might be tempting to stop paying int/cap and pay w c. shares.

How we will know if he is making payment on the 17th of each month?