InvestorsHub Logo
icon url

shareslanger

06/21/19 2:36 AM

#1243 RE: pennyfinder #1242

What you have is people screaming convertible debt while they are silently accumulating behind the scenes.

Don’t be fooled. This is the gem of then OTC. Make a life changing decision and start accumulating now.

When this decides to move back to .20+ you’ll never catch it. Get in now while the accumulators lie.
icon url

bonedaddy77

06/21/19 9:33 AM

#1255 RE: pennyfinder #1242

Revenue is meaningless when you aren't turning enough profit to manage your toxic debt. Liabilities also exceed assets by a good bit here. These deals they made with note holders were VERY bad for shareholders. Most are similar to this one

On August 30, 2018, the Company entered into a variable convertible note for $337,500 with net proceeds of $303,750. The note is due February 28, 2019 and bears interest at 10% per annum. The note is immediately convertible into shares of the Company's Class A common stock at a discount of 42% to the average of the two lowest trading closing prices of the stock for ten days prior to conversion. This note is currently past due.

Last year I thought the stock looked really good at .10 and didn't understand why it was trading so low. Now it's at .0075