International Star Inc (ILST)

[BasedOnFeels]

NOTE 9 – SUBSEQUENT EVENTS
Subsequent to June 30, 2025 Leonite has converted $143,942 of its principal balance (and $6,590 in conversion fee’s) into
418,143,000 common shares of the Company’s common stock at an average conversion price of $.00036 per share. Additionally,
Leonite advanced the Company $20,000 in a convertible loan to help fund its operations.

What principal balance are they talking about? The .005 loan? How can they convert at that price? Wtf are they talking about? They cant just pick and choose where they convert on that loan. .005 is fixed. This makes no sense