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tchalla

02/01/22 2:46 PM

#79 RE: Longer Than Most #77

no, it says 70% discounted if the note is converted before the due date. after the due date, it's a fixed conversion price of .005. it's past due date. that is why you are seeing millions dumped. he gets 20 mil shares at .005, which gives him $100k that he is owed. whatever he sells those shares for above .005 is gravy to him.

tchalla

02/01/22 2:47 PM

#80 RE: Longer Than Most #77

zu is getting $600k-$800k return for his $99k loan to the company.