VirExit Technologies Inc (VXIT)

[beer$$money]

$VXIT So to have factual knowledge of that clause in the actual note anyone would have to have access to the actual note language defining the terms? Nothing in the public domain states that this language is in the note? Are you suggesting then you have access to the actual terms of the Company issued Convertible notes??
Note Conversion Sample Clauses
https://www.lawinsider.com/clause/note-conversion
This Convertible Note shall be convertible, at the option of the holder thereof, from the date of issuance??

OTC_Hussler
Quote: "Someone could have chosen to convert anytime from the date of the note until now. I’d say June 22 would have been a good date." ??

AS my post stated VXIT only pubically provided this language that did not establish the conversion date.

NOTE 11 – SUBSEQUENT EVENTS
Management has evaluated subsequent events through July 12, 2022, which is the date when these consolidated financial statements were issued, and is aware of none requiring disclosure, except as noted below.
In June 2022, the Company issued Convertible notes in exchange for $75,000. The notes are due in ninety days from the date of the note. Repayment is to be in the amount of $93,750. In addition the note holders received 37,500,000, one year $0.002 warrants. The notes also carry a conversion option, election is at the option of the note holder, to convert the note or any portion of the note into common stock shares. Conversion is to be calculated at 75% of the lowest trading price during the ten trading day period prior to the conversion date.