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TJG

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TJG

Re: OINGO BOINGO post# 14904

Thursday, 06/05/2025 6:43:11 AM

Thursday, June 05, 2025 6:43:11 AM

Post# of 23605
No and if I gave that impression that was a mistake. There were four notes that were or were coming due. These notes were issued between 2020 and 2022. They made the arrangements for them to be converted and the dilution started. The terms gave these holders way more than what the loans were for, but when finished converting the next Legacy debt is not due until 2027. As soon as the current ones are finished then they will IMO begin to let us in on what is going on and news will come out 
Affluence had visions of early success and planed to pay these current notes off early. That did not happen and based on the note conversation rate and the interest we were stuck converting almost 2 billion shares. 
With the addition of MTi to OneMind and a possible new acquisition the notes due in 2027 should get paid before the due dates. 
We have had very little volume this week so the real selling may now be over and if it is then we can expect to see some news real soon. Again this is how I am reading and interpreting the April filing on the Colorado Sec of State site. Today and tomorrow will give us more insight into weather the dilution is done or not 
Sorry for the confusion 

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