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Thursday, 06/20/2024 11:33:46 PM

Thursday, June 20, 2024 11:33:46 PM

Post# of 7817
Global Corporate Finance is providing $5mil in a Securities Purchase and Subscription Agreement. The terms are as follows:

"The Securities Purchase and Subscription Agreement will enable the Company to draw up to US$5,000,000 at its discretion over a period of 30 months. In return for each drawdown, the Company will issue common stock at discount of 9% to the Company's average daily volume weighted stock price during the five (5) consecutive trading days immediately preceding the date of the Company's drawdown request."

Everyone is entitled to their opinion, but I kind of doubt they did that so they would be converting at .01 - I think this might go higher.