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Re: Madcowelixir post# 80645

Thursday, 10/14/2021 12:12:53 PM

Thursday, October 14, 2021 12:12:53 PM

Post# of 80868
Agreed that this note is pretty horrible...even worse - the term is only 6 months:

The principal amount of the Notes will be due on April 13, 2022.



However, the warrants aren't exactly "free" stock:

Each warrant entitles the holder to purchase one share of common stock at an initial exercise price of $0.78 for a period of five years from the date of issuance