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reaper247

07/29/20 1:47 AM

#170614 RE: gitreal #170613

Gosh,

I don't really need the last word, but you should know that toxic lenders do this all the time in pennyland

.

I understand.

My point is that the principal doesn't covert to common shares until the due date/default on the loan.

Until then, there is only shares issued/converted on the interest.

But in addition to interest, there are hefty penalties that increase the closer to the conversion date.



I don't see that provision in the information that you posted.

Are you speaking to LBSR or OTC in general?

TIA, IMO and FWIW.