Replies to post #32148 on Bemax Inc (BMXC)

[I-Glow]

No the debt wasn't paid off before the debt was converted to stock - I suggest you read the company press releases.

"The company had total convertible debt of $302,750 that was due between October 19, 2016 and December 9, 2016. However, $276,178 of the convertible debt (92%) have been converted into 423,754,790 common stock shares."

I hope this helps. Don't let those married to the stock try to convince you of the nonsense that the company paid off the debt before it was converted.

Now the CEO has another $384,000 in toxic debt - after she promised not to use anymore toxic financing.

IG