Replies to post #17346 on Bantek Inc (BANT)

[BillyT1000]

It was an email from him Wed June 11th.

Michael Bannon ([e-mail])
To:you Details

Bill these are my notes. I used my money to start the business. I will not convert. I will keep extending.
Mike



My email to him was:
Mike,

I got this note from one of the investors.....

The Company has a convertible note payable (“Note 2”) with the Company’s CEO. Note 2 bears interest at an annual rate of 7% with a maturity date of December 31, 2017, at which time all unpaid principal and interest was due. On December 15, 2017, the due date of Note 2 was extended to July 2, 2018.

[BillyT1000]

The CEO emails many investors so you can reach out to him. No doubt is was handled terribly. Question now is can we make money going forward.