Touchpoint Group Holdings Inc (TGHI)

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Another interesting thing to note is that GBT converted $125,000 worth of preferred shares into 10 million common shares at .0125 per share.

On January 28, 2022, the Company acquired 10,000 shares of Series A Convertible Preferred Stock (the “Touchpoint Preferred”) in consideration of $125,000, where the Touchpoint Preferred is convertible into 10,000,000 shares of common stock of Touchpoint and cannot be diluted regardless of any future corporate action by Touchpoint. Accordingly, the Touchpoint Preferred will always convertible into 10,000,000 shares of common stock of Touchpoint as if no corporate action has occurred. Touchpoint converted the Touchpoint Preferred into 10,000,000 shares of common stock of Touchpoint on February 23,2022 resulting in the Company owning 20,000,000 shares of common stock of Touchpoint at this time.