Pharmagreen Biotech Inc (PHBI)

[Peeling Back The Onion]

So what do you call it when a company and its CEO and CFO take a $100 'loan' and then a $200 loan from a seemingly long time close family friend of the CEO's who lives in the CEO's former traditional home town, and is from the same cultural community as the CEO and original family, and instead of paying back the $300 in loans to that close family friend like any responible CEO and CFO would do to avoid needlessly diluting shareholder equity and avoid at all costs retiring the $300 loan/account payable by issuing shares from the company treasury at an exchange rate of $0.0001 per share and issue the CEO's close family friend 3,000,000 shares? What is that called? Any takers? Asking for a friend who gave the company (NOT LOANED THE COMPANY) $10K and only received 100,000 shares....but would prefer to have been given 100 MILLION shares. Umm err.... hmmm...yeah.