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DocSands

07/22/21 8:10 AM

#3235 RE: Edward #3234

I understand the conversion rate and that’s not what I’m asking.

I’m asking how $8900 of interest accrued on a $50,000 note in less than 5 months. That simply can’t be right. I hope it’s a error.

I sent an email to the company asking for clarification. I’m sure they’ll respond pretty quickly.
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DocSands

07/29/21 1:02 PM

#3281 RE: Edward #3234

Diana I still haven’t received an answer from the company so I’ll re-Ask you

If the initial note was for $50,000 in October of 2020, how in the hell was the cost basis of the conversion worth $58,000 less than 5 months later?

I get how the price of the conversion was calculated, it seems insane that the conversion value ( accrued interest) was up over $8,000 in less than 5 months.