Replies to post #2279 on Todos Med Ltd (TOMDF)

[jw246802005]

Where does $1,457,142.86 GO????

From the 8K filing

the Company has agreed to issue a promissory convertible note (the “Note”) to the Purchaser in the principal amount of $4,857,142.86 for proceeds of $3,400,000 (the “Transaction”). The closing is scheduled for January 29, 2021.

The difference is $1,457,142.86. That is a 30% commission which seemingly is OUTRAGEOUS. Who gets that??