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gitreal

06/15/20 3:31 PM

#37864 RE: A Dinosaur #37863

I do read PRs. And I read filings:

On September 16, 2019, the Company issued a Convertible Promissory Note (“Note”) to JSJ Investments Inc. (“Holder”) in the original principal amount of $142,000 less debt discount of $17,000 bearing a 6% annual interest rate and maturing September 16, 2020 for $125,000 in cash. Convertible March 14, 2020



That $142K was for an earlier note. It was not for the two notes became convertible in May.

gitreal

06/15/20 3:33 PM

#37865 RE: A Dinosaur #37863

Oh yeah, "retired" means "paid off".

Yeah, the debt was "retired"....by allowing the toxic lender to convert. It was not "paid off" with cash......