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gitreal

07/29/20 12:55 AM

#170611 RE: reaper247 #170610

You still don't understand, do you?

Read the conditions of the note, and you will see that the lender can convert the note into shares after 180 days. It has nothing to do with the Maturation date (when the loan is due).

That's what toxic lenders do, they would much, much rather convert the note at hugely beneficial rates, than wait the full note timeframe and just get the interest.