Replies to post #1226 on Viva Entertainment Group Inc (OTTV)

[JG305]

This could convert into about 3,000,000 shares.

From the latest 10-Q:

NOTE 9 – SUBSEQUENT EVENTS

On August 4, 2016, the Company executed a consulting agreement with a third party calling for total consideration of $30,000, which was paid $5,000 in cash and the balance in a convertible promissory note in the amount of $25,000. The note bears interest at the rate of 12% per annum and converts at the lower of $0.05 per share or 50% of the lowest trading price of the Company’s common stock over the 20-day period prior to conversion.

Other than that, OTTV could be done with conversion of old debt (other than a couple million shares worth).