News Focus
News Focus
icon url

OMOLIVES

05/21/25 9:30 PM

#230783 RE: janice shell #230776

Oh my...right in front of my eyes...another one @ $550k with a 10% coupon and 10% Interest:

https://www.otcmarkets.com/filing/html?id=18293922&guid=QDc-kWWZmOy2B3h#ex10-1_htm




3.2. Conversion Price. Subject to adjustment as set forth in this Note, the price at which Lender has the right to convert all or any portion of the Outstanding Balance into Common Stock is the lower of: (a) the Fixed Price; and (b) the Market Price (the “Conversion Price”).

A2. “Conversion Factor” means 70%.

A9. “Fixed Price” means $0.0006 per share, as may be adjusted pursuant to the terms set forth herein



Never really looked at that one. There is so much dilution on said ticker that there is no need to look at any terms..lol.