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BruceLake

10/09/21 2:59 PM

#19237 RE: I-Glow #19235

Here are the facts and the answer to your "crushing conversion rate" comment which I believe I have already answered but I'm glad to address it again.

Fact and FYI. There were already previous debt notes that were converted at the same rates many months earlier. This was long before Feldenkrais took control.

Fact. The shares issued to Marquis Trading LLC and placed in escrow are restricted!!! We do not know what the terms were and I will not speculate here what they might be.

Fact. For the foreseeable future placing the 2,148,820 shares in escrow effectively prevents other debt holders coming forward seeking the same conversion terms. As you know with these added shares the AS is maxed.

In my opinion this was a brilliant move on the part of Feldenkrais. This gives him ample time to negotiate and deal not only with the above Marquis convertible notes, but with others as well.
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Smallville

10/11/21 8:10 AM

#19248 RE: I-Glow #19235

A horrible deal for shareholders.

WHY?

The CEO is in on it. He gets 60%.