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Re: CAN11 post# 25772

Thursday, 11/10/2022 12:04:10 PM

Thursday, November 10, 2022 12:04:10 PM

Post# of 31943
Did you read that wrong? They sold it for a convertible note for $500k

Meaning they are holding the convertible note from another company….

Why would he give them shares of this company when he sold it for 500k convertible? That’s a good deal since he’s probably going to get 7-8% on top of a discounted share conversion…this means he’s now indebted and can put this on the books.

I don’t know what your reading but I think you need to start asking yourself why is he not selling shares as some would think. This is not dilution from Xavier and I have a feeling he had no problem letting this drop to .0005 while he plans to start a buyback. This was already previously announced.

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