Replies to post #1004 on Cannagistics Inc (CNGT)

[~ TRT ~]

From Filings...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11072737

"The holder may convert the principal and accrued interest into shares of the Company’s common stock at $0.247386975 per share up to a maximum conversion allowance of 6,871,825 shares. If the Company raises $5 million in debt or equity financing or if the holder converts any portion of Note A, then Note A will automatically convert at maturity into a total of 6,871,825 shares of the Company’s common stock. If we prepay Notes B and C, however, then the conversion price will adjust to $0.105139464 per share for a total conversion allowance of 16,169,000 shares. "

Imagine 16 mil shares hitting the market at .10 when this is trading in dollars ...