Replies to post #37204 on Logiq Inc (LGIQ)

[Welcome2Pinkyland]

As discussed previously all Asher and Magna toxic debt taken out by the previous CEO in 2012/2013 is off the books. There was $300k of old convertible debt that was due vendors for services rendered that never got converted that was recently reclassified. No toxic debt on the books curently - and there never will be again :-( is my guess based on the new CEO communications :

I will say that I get contacted regularly by CB groups looking for aged debt, new issuances etc. and I am completely close-minded to that option. Rest assured that there will not be any repeats of the Magna/Asher situation which frankly speaking, was a huge disaster.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111189221

[Elcappy1]

Apparently I did. Thank you for pointing out the finer details of no dilution ;)