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Re: PennyStockTrader2 post# 29804

Friday, 10/08/2021 8:52:56 AM

Friday, October 08, 2021 8:52:56 AM

Post# of 42218
Ok, that is possible on why that noted defaulted, I don't really understand why specifically on March 23rd though and that was not mentioned in the last 10Q anywhere (I understand the reporting period was as of 1/31/2021).

But onto to the more important point about the January 12, 2021 note. If it was paid off it should have been disclosed in this section like the other 3 bolded below that converted in June. But it is not. It could be an oversight, but I don't think so and it explains the t trades we have been seeing.

NOTE 9 - SUBSEQUENT EVENTS

The Company evaluated events occurring after April 30, 2021, identifying those that are required to be disclosed as follows:

In May 2021, the Company offered and sold 4,050,000 shares of common stock at $0.10 per share for $405,000.

In June 2021, Power Up Lending Group Ltd converted principal in the amount of $237,150 of the $153,000 note issued September 21, 2020 for 2,355,015 shares of common stock.

In June 2021, Power Up Lending Group Ltd converted principal in the amount of $105,400 of the $68,000 note issued October 12, 2020 for 1,046,673 shares of common stock.

In June 2021, Power Up Lending Group Ltd converted principal in the amount of $86,025 of the $55,500 note issued December 9, 2020 for 854,270 shares of common stock.

In August 2021, the Company offered and sold 437,500 shares of common stock at $0.08 per share for $35,000.

In September 2021, the Company offered and sold 475,000 shares of common stock at $0.08 per share for $38,000 but 62,500 shares have not yet been issued as of this filing date.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y