AS STATED OVER AND OVER >>>>>>>>>>>>>>
The deal with the $75,000 is with a lender that initially loaned them money in September 2014 and they could start converting in March 2015. That's why that disclosure says March 2015 (if it is even correct versus an oversight for the March 2015 $75,000).....
But it doesn't matter correct or not >>>>>>>>>>> TOXIC DEBT 101 and RESTRICTED STOCK 101>>>>>>>>
You can't sell the stock you convert into for 6 months (SEC RULES if shares aren't registered in an S-1) so nobody converts until you can immediately sell the shares and make your spread. The business of Toxic Lending is about SPREADS between immediately converting and selling >>>>>> rinse and repeat.....
The $75,000 will not convert until September >>>>>>>>>> with one very unique possible exception and if that exception exist IT" S WORSE FOR ARYC and shareholders.....
Since this $75,000 could be converted at $0.0009 into at least 85 million shares ---- the rally to a higher stock price might tempt one to convert at $0.0009 and risk it. But It's not their business model and I doubt they want to assume any risk of owning the stock versus owning debt. They are in the spread game of convert at discount and sell.
My #20 / 330 is clearly without the $75,000 and I see that happening, starting at the end of September 2015...
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