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09/24/20 1:22 PM

#69124 RE: MJP2020 #69123

Well there you have it. That clears up this matter. Nice post

diablose94

09/24/20 1:23 PM

#69125 RE: MJP2020 #69123

Because if you fully read the latest 8/k that same debt was amended to convert immediately at .001. It was a condition of them receiving the additional $2mm in funding.

Hence the extra shares added to the O/S. It’s the definition of dilution.

diablose94

09/24/20 1:39 PM

#69129 RE: MJP2020 #69123

Clearly shows the same notes was amended to convert immediately at .001 adding $122m shares plus any additional interest owed. Dilution.


From the 10-QA on 8/31, page 13
[url=https://ibb.co/yY9pcGw][/url]

from the 8/k dated 9/15 exhibit 10.15
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