Not surprising this POS co borrowed money from penny stock whore fund AJB per the 4/16 SEC filing. Just one scumbag again working with another...birds of a feather flock together. They get 3.4mil sh for virtually zero cost.
In March 2024, we issued a $280,000 face amount promissory note (with $28,000 in OID) to an investor, in consideration of loan which netted our company $252,000 in proceeds. This note bears interest at 12% per annum, with principal and interest payable on September 4, 2024. Should we be in default, which shall not have been cured, this note is convertible into shares of our common stock at a conversion price that shall equal the volume weighted average trading price (a) during the previous 20 trading-day period ending on the date of issuance of the AJB Note or (b) during the previous 20 trading-day period ending on the relevant conversion date, whichever is lower. This note is secured by all assets of our company. In addition, we issued this investor a pre-funded common stock purchase warrant to purchase 3,428,571 shares of our common stock, with a nominal exercise price of $.00001 per share. This warrant may be exercised on a cashless basis
James W. Zimbler – Director.......PowerLESSbattles aka Krome can sell everyone a bill of goods saying his boss Zimbler isn't involved....to the contrary he is a Director and I have first hand knowledge he is involved in every aspect of the business on a daily basis. Any suggestion other than that is an outright lie.
