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Re: Krony post# 121520

Tuesday, 04/12/2022 1:19:22 PM

Tuesday, April 12, 2022 1:19:22 PM

Post# of 122998
No notes till 05/08/2022 !!!

The last increase of O/S from 03/30/2022 to 04/11/2022 was Power Up note which was due from 04/04/2022, issued 180 days before that day !
Nothing till 05/08/2022 !!!


*************************************************************************************************
BRGO O/S & DILUTION SUMMARY
*************************************************************************************************
04/11/2022 - 2,717,930,332 - update from OTC website + 88M / 8 days = 10M/D ( 88M x 0.0010 = $88,000 )
03/30/2022 - 2,629,200,173 - update from OTC website + 124M / 16 days = 7.75M/D ( 124M x 0.0010 = $124,000 )
03/08/2022 - 2,504,721,221 - update from OTC website + 324M / 3 days = 108M/D ( 324M x 0.0010 = $324,000 )
03/03/2022 - 2,179,839,231 - update from OTC website + 176M / 4 days = 44M/D ( 176M x 0.0010 = $176,000 )
02/25/2022 - 2,003,243,481 - update from OTC website + 279M / 12 days = 23.25M/D ( 279M x 0.0010 = $279,000 )
02/09/2022 - 1,724,034,579 - no change
02/08/2022 - 1,724,034,579 - no change
02/02/2022 - CONFERENCE
*************************************************************************************************

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!