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TJG

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TJG

Re: pinkslipjunkie post# 20780

Thursday, 10/16/2025 3:07:24 PM

Thursday, October 16, 2025 3:07:24 PM

Post# of 23135
You are absolutely correct Pink... there is from my understanding an amount that will be diluted and then there is an amount that will be refinanced thru preferred shares and pay outs... As I have posted here, and I know you understand it, but a lot do not, with convertible loans of the type Affluence got involved in there is also interest on the loan amount.... there is a negotiated amount of convertible shares and there is then interest on the principal amount of the dollar value. Also people have to remember that these toxic notes have a discount on the value of the shares as well... which means lets sat the PPS is .04 at the time of the loan, they are given a discount on that number when it comes time to convert... it could be a 1 percent or a 2 percent so that makes the price .037 that way if they convert and the PPS is still 04 they only paid .037 so they are not only getting their money back they are getting a profit on the loan amount and a profit on the interest charged. Its called toxic for a reason. The numbers I am using are for example only everyone, so dont ask if that is what they actually paid

What if this is part of the process?...he may not be able to negotiate all of it...some may have to be released and eliminated in market dilution...perhap


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