Through the quarter ending November 30, 2020 approximately $1,470,000 in accrued officers’ salaries have been converted into common shares at average of 0.30 per share.
Someone already responded with the exact line from the filings, but essentially they received ~4.9M common shares at .30 cents a share equaling $1.47M currently valued at $22,540. So they are underwater 99.5% on what their contract should have paid them. In order for them to get all the money they were supposed to, the SP would have to rise to .30.
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