According to Q we have these notes on the books as of March 31st:
Noteholder 1 8/26/2016 8/26/2017 $76,650 $3,643
Noteholder 1 1/3/2017 5/18/2017 $76,650 $1,462
Noteholder 1 3/2/2017 3/2/2018 $125,000 $2,384
Noteholder 3 9/19/2016 5/19/2017 $76,650 $3,242
Noteholder 4 3/2/2017 3/2/2018 $125,000 $2,384
The notes highlighted in color are what is believed to be being paid the past few weeks... though with 30 mil added to OS since 4/20, it would be safe to say those notes are done... q3 will confirm..
With regards to the bold notes... the ones you allude to with this comment:
Its almost time for the company to scrape another toxic note together for a paltry $250,000
these aren't due for a year! That said...SGBY can pay them off early ( SGBY has done it with notes in the past LOOK at Q1...)
Either way there are only three notes left amounting to a total of $326,650 (+interest)... next one is due in August... if it hasn't been paid for now..
Lets see what TERROR T converts for comparison...(just notes and monies due to their lenders... mind you... not the form 4s of Managment)
During the three months ended March 31, 2017, senior secured convertible promissory notes and accrued interest in the amount of $3,688,963 were converted into 16,281,088 shares of common stock.
During the three months ended March 31, 2017, the Company sold 6,185,395 shares of common stock for the net amount of $1,700,000 pursuant to an equity financing facility with an accredited investor.
During the three months ended March 31, 2017, the Company issued 125,000 shares of common stock for director fees in the amount of $37,500, issued 467,647 shares of common stock for services performed in the amount of $145,011 and issued 100,000 shares of common stock for compensation in the amount of $26,100.
During the three months ended March 31, 2016, senior secured convertible promissory notes and accrued interest in the amount of $961,740 were converted into 13,906,149 shares of common stock.
During the three months ended March 31, 2016, the Company sold 25,715,674 shares of common stock for the net amount of $3,208,134 pursuant to an equity financing facility with an accredited investor.
hmmm... total of.... $9,729,948 WHICH IS A TOTAL OF 62,780,953 SHARES CONVERTED DURING THE THREE MONTHS ENDED MARCH 31st...