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Re: stockstobuy post# 121495

Monday, 04/11/2022 6:18:27 PM

Monday, April 11, 2022 6:18:27 PM

Post# of 122972
No notes for one month - till 05/08/2022 !!!

According to info from the CEO tweet from 04/07/2022, old big convertible debt is gone and there is only one note left due in May, nothing this month !!!:

Tweet from the CEO @ 8:16 AM · Apr 7, 2022

Power Up converted their last note today

Tweet from the CEO @ 1:30 PM · Apr 7, 2022

2 small notes left, or Sixth Street Lending, LLC funding them, we’re done.
The next conversion is next month.
Nothing this month.
Trillium,JP & 3a are all converted and out.


02/09/2022 - Full Payment on Trillium’s Note
03/08/2022 - JP Carey Enterprises, Inc.'s and 3A Capital Establishment’s Notes Have Been Fully Paid
04/07/2022 - Power Up converted their last note


That last note ( 05/08/2022 ) is only for $55,000 big smile

So let me summarize it for you:

- Revenue 2021 - $11,000,000
- Revenue Q4/2021 - $5,000,000 ( x 4 quarters = 20,000,000 )
- Expected Revenue for 2022 - $27,000,000
- We have 1 month ( 21 working days ) before us without dilution
- Then a small $55K note not earlier as on 05/08/2022
- After that minimum another 2 months without dilution till 07/01/2022 with a big possibility that there will be no dilution at all!


Why without dilution till minimum 07/01/2022 after last small note due in 05/08/2022 ?

Because:

There are no other convertible notes in the recently released 10k, which contain information till 12/31/2021.
So we have no convertible notes left minimum-till 07/01/2022,
because notes are converted 180 days after the day of issue and not earlier!