Replies to post #88676 on JP 3E Holdings Inc (JPTE)

[Kool Aid Man]

Again--Park said "I will also be converting my $100,000 personal loan to common stock at $.02 per share to eliminate such JP3E debt.”

So where, pray tell, are those shares coming from? I told you how many are left in the A/S.

What Is a Debt/Equity Swap? How It Works and Who Benefits

A debt/equity swap is a transaction in which the obligations or debts (including loans) of a company or individual are exchanged for something of value, namely, equity. In the case of a publicly-traded company, this generally entails an exchange of bonds for stock.
https://www.investopedia.com/terms/d/debtequityswap.asp

[learningthetruth]

Koolaid, same guy that said O/S went up by 3 Billion.....

🤡 he is. Of course he deleted those posts already as well!