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maz1978

10/22/18 5:05 PM

#98084 RE: thestreetlawyer #98083

This is from the filings. Notice under convertible notes payable it shows zero



Originally we were all under the impression that there was no notes at all to be converted however the note above it that shows note payable is the note that was not disclosed by the former CEO for a 134k. That is the note that will be converting in 2019 if the company does not pay it off first.

"On a different issue we wanted our shareholders to know that we do still have some debt that can be converted to company stock but not sold until next year. The notes in the Balance Sheet describe these notes. Management is considering buying back as much of this debt as possible before it creates any significant dilution to the stock. As always our primary objectives are solid growth of both our divisions while continuing to improve shareholder value.”"

https://www.otcmarkets.com/stock/COHO/news/Crednology-Holding-Corp-Announces-Business-Update-More-Excellent-Business-News?id=199046