in the real world we call this TOXIC FINANCING
99% of all OTC companies doing this type of financing go to a sub penny
cydy burns cash on salaries, etc. ; ONLY PR'S TO SHOW FOR IT
so the real event that will crush this stock is when the note comes due AND the company won't have cash because of the following:
1. NO INVENTORY
2. NO REVENUES
3. NO FDA APPROVALS - REMEMBER BIG PHARMA DOES EXIST
4. SAMSUNG CONTROLS NEW INVENTIONS; CHANGE A FORMULA BY 20% AND NEW IP ISSUED, leronlimad nowhere to be found
5. THE $15M NOTE CONVERTS INTO STOCK WITH NO FLOOR PRICE; MEANING THE NOTE HOLDER GETS STOCK BELOW THE MARKET (BID PRICE) UNTIL THE PRICE IS EVENTUALLY .0001
6. CURRENT NOTE HOLDER HAS ALL THE CARDS
7. NOT EVEN FOX NEWS CAN SAVE THIS DEAL
8. EITHER CYDY GOT SCHOOLED OR THEY ARE SCHOOLING ALL OF YOU
enough said, either stay in or bailout
1 more thing - VACCINES being rushed to the market as well as other inhibitors