Another email :
2/7/22
Good afternoon,
I hope you have been well and I apologize for not responding sooner. We are staying busier than ever and have so many great things on the way!
The change in the I&O number of shares has sparked quite a few inquiries, no less similar to yours. It is important to keep in mind that the convertible notes that the company has been taking on all have maturity dates which are 6 months and more from the day the investments were made. That is to say, any conversions happening now are part of investments from July 2021 and earlier.
However, the biggest contributor to the increase in the I&O number has come from the note-holders who are NOT converting currently, but have asked to increase their share reserve in light of the recent share price drop on the OTC market.
The company continues to stay true to the goals it set despite the roadblocks we've faced, which we are overcoming. We are able to work day and night because we know we have people who believe in the technology and products, many of whom have first-hand experience, such as yourself. Please know that we appreciate all of the support you and other shareholders continue to give to us!
My warmest regards,
Grant Mikaelian
