Replies to post #89794 on Aluf Holdings Inc (AHIX)

[Maria56]

while Convertible Notes Payable was decreased by $578,223, of which $362,723 was settled in full (not converted)

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FYI, if you subtract $362,723 from $578,223, you get $215,500. If that was the part "converted" that's the amount shown in the last filing for Cyril Moreau under Part B Debt Securities, Including Promissory and Convertible Notes, page 7. Curiously, that doesn't explain why the other $362,723 in "Convertible Notes" is not in that table since the instructions say "all."

Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes,convertible debentures, or any other debt instruments that may be converted into a class of the issuer’s equity securities.

However, it may explain the current activity if good ol' Cyril is offloading his shares, now converted.

https://backend.otcmarkets.com/otcapi/company/financial-report/277276/content