Know Labs Inc (KNW)

[DoughDiligence]

van, that is not how I read this:

'... the Company issued 52,300,000 shares of common stock at $0.10 per share for a total of $5,230,000, which amount includes the conversion of $500,000 in outstanding debt of the Company owed to one of its officers.'

This states that 500,000 of debt was CONVERTED - which generally means that debt was traded for shares (and warrants).

Do you agree or disagree?

The Investor group includes more than 40 investors. Who is in that group is a new question to be answered.