Replies to post #19297 on Tonner One World Holdings Inc (TONR)

[majorpain]

Well. The real question is .. Who has the note. Since it has been around almost a year I think it's a pretty safe bet that it is in the hands of a friendly investor. May even be Trent loaning money to the company and getting the great conversion rate.

Definitely not from a toxic lender ... but my analysis isn't based on chatter. Just simple logic.

I know that approach makes me weird but facts are usually the best way to draw a conclusion.

[majorpain]

More selective fact picking. What one still looking for boogeymen would miss, however, is that if that 150k note was converted the noteholder would immediately become an affiiliate and therefore could only sell 1% of the total os in a 90 day period. So they couldn't dump those shares aggressively. That's why the toxic guys stay under 5%.

Its so much easier to discern facts from fantasy when analysis is based on the whole and not parts but thats just me being silly.

[Voices of Reason]

My calculations did not factor in these additional notes from the latest financials:

As indicated in the schedule of convertible debentures as of June 30, 2014, several of the convertible debentures are delinquent. We believe we have good relationships with the debenture holders, and continue to have discussions with them regarding the extension of maturity dates. - what they do not state is that implied with an extension of a maturity date is a renegotiation of the conversion price.

To fund our operations subsequent to June 30, 2014, we incurred additional indebtedness totaling $82,500, consisting of convertible debentures totaling $77,500 and short-term advances of $5,000. - terms of the debt were not disclosed.

The numbers also do not reflect the potential conversion of preferred shares which could be a huge number.

Regarding your concern of the $0.0025 convertible notes - the next one is not due until October 1 - so you have 5 worry free trading days....