I don't think any of the outstanding notes will convert, they will be paid off well before their respective maturity dates, we will be firing on all cylinders financially before they mature.....
NOTES PAYABLE
The Company has long term debt (not including interest) of $1,000,000 owed to Carl Dawson as per a
8% Convertible Promissory Note pursuant to a Share Purchase Agreement. It was issued on June 25, 2021,
and matures one year after issuance and carries interest of 8% per annum.
The Company has long term debt (not including interest) of $300,000 owed to Paul Khan as per a
Consulting and Services Agreement issued on January 1, 2024, matures one year after issuance and carries
interest of 8% per annum.
The Company has long term debt (not including interest) of $300,000 owed to Paul Khan as per a
Consulting and Services Agreement issued on January 1, 2025, matures one year after issuance and carries
interest of 8% per annum.
The Company has long term debt (not including interest) of $600,000 owed to Jeff Weiss as per a 8%
Convertible Promissory Note, pursuant to the acquisition of 20% of the membership interest in Advantage
Video Systems LLCShare. It was issued on June 16, 2025 and matures one year after issuance and carries
interest of 8% per annum.
Bullish