Convertible notes went down for the period ending March 2023 from the last 10Q thats what the dilution was from. If all the convertible notes they have were converted at .01 that’s only just under 40 million more shares to add to the OS. Just my opinion not advice! I’m no pro at reading fins but it’s right there in black and white that convertible notes went from approx $381,000 down to $347,000 GL
Convertible Notes - originated in April 2018
$ 95,000
$ 95,000
Convertible Notes - originated in June 2018
166,000
166,000
Convertible Notes - originated in October 2018
50,000
50,000
Convertible Notes - issued fiscal year 2022
38,750
78,440
Convertible Notes - issued fiscal year 2023
-
-
Total convertible notes payable
349,750
389,440
Less: Unamortized debt discount
(2,414 )
(7,647 )
Total convertible notes
347,336
381,793
Less: current portion of convertible notes
347,336
381,793
Long-term convertible notes
$ -
$ -