If all loans have been closed out what are the latest notes?
I believe these are phony notes to boogaloo cronies to facilitate conversion of boogaloo preferred shares.
It would be really interesting to find out who those "unrelated third parties, (the "Holders")" are.
How can a company issue convertible notes without board approval since this action promotes dilution?
What will the company use to pay off these notes if the Holder decides to keep them to their 1 year maturity and collect 127.5%? Will our common share receivables be used to pay them off?