Here let me try it again and this time it is not only in RED but I underlined it with BOLD type so EVERYONE can read the actual words without any BS spin on the words.
FF has the right beginning on the date which is one hundred eighty (180) days following the Issue Date to convert all or any part of the outstanding and unpaid principal amount of the FF Note into fully paid and non-assessable shares of our common stock at the conversion price (the “Conversion Price”). The Conversion Price shall be, equal to 70% of the average closing price of our common stock for the five prior trading days prior to the date that a registration statement in respect of the shares into which is the FF Note is convertible is declared effective. The FF Note contains other customary terms found in like instruments for conversion price adjustments.
The words are the FACTS! Trying to spin those words is nothing except BS and we all know how many past BS, false and misleading statements have proven to be just that, BS, false and misleading!