Replies to post #1525 on Full Alliance Group Inc. (FAGI)

[SeaOhToo]

ACTUALLY skibum2k, it is BHGI DEBT! Management renegotiated the debt to a TOXIC CONVERTIBLE NOTE in JULY 2014. The shell had a fixed note, $1050 a month payment.


So the alternate example presented, says that company issued 3,962,075 shares for $409,858 in notes. BHGI ISSUED 24,416,934 SHARES in exchange for $61,042 in TOXIC CONVERTIBLE NOTES.....
BHGI STILL HAS $282,000 in NOTES DUE!


I would bet BHGIs current liabilities of $542,000 are converted to another TOXIC CONVERTIBLE NOTE before its all over!

I find it amazing the company did not have $348,000 to pay off this debt, yet they are actively trying to raise $10 million.