NECA - Jeff Canouse has a lot more debt Notes than that
Jahoco, LLC is a Canouse entity (uses his brother James as the signatory). It has $82,643 in Notes Machaivelli LTD, LLC is a Canouse entity (uses his brother Joseph as the signatory). It has $110,769 in Notes Carpathia, LLC is a Canouse entity (uses Jeff as the signatory). It has $43,125 in Notes JP Carey Irrevocable Trust is a Canouse entity (uses his brother Joseph as the signatory). It has $52,312 in Notes Anvil Financial Management LLC is a Canouse entity (uses Jeff as the signatory). It has $52,500 in Notes Five Star Management Group LLC is a Canouse entity (uses his brother John as the signatory). It has $7,500 in Notes
Plus Jeff Canouse has $3,875 in Notes in his own name.
So if my math is right, the Canouse brothers own $352,397 in debt Notes with Jeff personally owning $99,500
People have to be careful trading any ticker where the Canouse brothers own debt, they pretty much all go the same way. Lots of pumping and lots of dilution. Even if Jeff isn't converting directly he has a bunch of associates (besides his brothers) more than willing to buy the debt and convert it for him.