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WealthyBuy

06/05/20 2:59 PM

#4744 RE: Life is great #4718

MORE..AND..MORE..TOXIC..CONVERTIBLE..SMELLY..TRASH..



READ..READ..BELOW....FROM..10Q

The Company recorded a loss on the changes in fair value of derivative liabilities of $35,652 for the nine months ended May 31, 2019. Due to principal payments made through the conversions of common stock, the Company recorded a loss on extinguishment of convertible notes of $569,480 for the nine months ended May 31, 2019. Additionally, the Company recorded a debt penalty expense of $30,000 and loss on cashless exercise of warrants of $71,484 during the nine months ended May 31, 2019.