| Followers | 139 |
| Posts | 6806 |
| Boards Moderated | 0 |
| Alias Born | 03/20/2012 |
Friday, November 05, 2021 11:06:17 AM
Okay I'm just stopping by to make sure that there isn't anyone here who doesn't understand this!
The company has made things very clear in today's 8-K...
All the old convertible notes have been completely paid off in stock and cash. So there will no longer be any more conversions/dilution associated with those old debts!
The only promissory note that is left is the most recent loan that the company took out which has a remaining principle balance of $1,396,245, of which cash payments start in March of 2022 to start paying that loan off.
This remaining loan is NOT convertible unless the company were to default on its cash payment plan obligation.
And Dr. Koos will not let that happen!
Hope this helps to clear things up about anyone who may be confused about this.
Again... Today's 8-K filing news is outstanding! Let the $RGBP bull run begin! Hehe!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001589150/000160706221000487/rgbp110521form8k.htm
Blessings and best wishes,
LoveAndLight
FEATURED Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • Apr 16, 2024 8:52 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM
Branded Legacy, Inc. Reports Significant Net Income of Over $3.8 Million • BLEG • Apr 16, 2024 8:30 AM
Avant Technologies Begins Development on Next-Generation AI-Driven Resource Allocation Solution • AVAI • Apr 16, 2024 8:00 AM
UC Asset Expected to Report $0.03/share Net Profit for 2023 • UCASU • Apr 11, 2024 10:00 AM
