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Friday, May 24, 2024 1:47:39 PM
What month are we in? May. 2 months after dead line. If it goes past next month then it will be 2 full quarterly reports (half a year) with the notes on file. Which do you think holds more weight? A simple statement that they are going to get rid of the notes OR the fact they didnt push the delete button on the section holding the over $1 million in matured toxic convertible notes.
This is not a clerical error. They purposefully left all those notes still disclosed because they are still on the books which mean the deal they made is not completed legally. Which means Jeffery didnt sign off on them and is holding the leverage of the notes over the company.
Even if the notes dissappear there is an immediate 7.5% O/S increase because of the deal. That equals roughly 28 million shares. What do think happens to the current garbage shareprice the day those land on the OTC markets site?
Sure looks like the past is still trashing this company.
![Bearish](/static/images/ih2-bear.png)
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