Thursday, March 30, 2023 10:02:01 AM
This is the language of the note in the ER showing the conversion:
"On January 15, 2016, the Company received $311,000 from Whitecastle Capital Corp. for a
convertible note with an interest rate of 8% per annum and had a conversion price of $0.05,
after a 2 year period, and a 4 year term to maturity."
The daily price action for Oct. 20, 2022 never hit .05 ..... The high of the day was .041.....
So 90 mil shares illegally converted to Clive @.0004 then sold at an average price of .035 = a nice payday of around 3.1 million stolen from common shareholders. At what point are you dummies going to stop drinky Benny's evil MM nakeed koolaid and go after the real fraudsters?
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