Replies to post #25441 on Pulse Beverage Corp. (fka PLSB)

[DavidLeeRoth]

Mr. Yates continued, "The Company is expecting to continue to reduce its debt exposure to TCA over the course of 2017, which may further positively impact our bottom line. As of August 14, 2017, we have reduced our debt to TCA by $463,000." PLSB LONG$$$$$$$

[up2nuttn]

I am surprised Yates hasn't hit up the payday loan circuits yet lol

On February 22, 2017, we sold future receipts totaling $61,098 for proceeds of $44,500 pursuant to a Revenue Based Factoring
Agreement dated February 20, 2017. We are required to repay $332 per business day for 184 business days. We have repaid a total
of $29,880 to June 30, 2017. The principal owing as at June 30, 2017 of $31,218 is offset by unamortized deferred interest of
$8,480.

d) On June 6, 2017, we entered into a Payment Rights Purchase and Sale Agreement with Everest Business Funding and sold future
receipts of $126,900 for net proceeds of $90,000. We are required to repay $846 per business day for 150 business days. We have
repaid a total of $15,228 to June 30, 2017. The principal owing as at June 30, 2017 of $111,672 is offset by unamortized deferred
interest of $32,472.

[telestar]

gumbie tell that to the others. I know

[ChinaDude]

Page 16 # 2 of the Q reads verbatim management views convertible debt as a form of hybrid equity. Management does not plan to repay the convertible debt through cash flow from operations but will issue common stock in full settlement of those debts. Therefore, the Company receives cash and the repayment is done through conversion to debt and the discount to market is a non-cash expense. IN OTHER WORDS, DILUTE , DILUTE, DILUTE!!!! 2.2 bil reserved and only 2.1 bil left. Dang Yates went through those shares pretty fast. What a shame what a Shame. How much longer can he pull the wool over people's eyes? At this rate shares will be gone before you know it and conversions will be happening a lot lower prices. That's why when people were saying only 500 mil OS, you knew u had to read the filings. Stock goes to that conversion rate of .001 quickly when people see that yikes