Posted On: 07/13/2016 6:18:48 AM
Post# of 15187
A good example is the $32,500 note with KBM signed on 9/2/214 and funded by KBM on 9/8/2014
On 3/9/2015 KBM converted $5,175.00 of the note @ $0.00024 into 21,562,500 shares. Also on 3/9/2015 KBM converted $9,470.00 of the note @ $0.0002 into 47,350,000 shares.
The opening price on 3/9/2015 was $0.0006 the high was $0.0007 the low $0.0003 and the close $0.0004.
Then on 3/10/2015 KBM converted $10,405.00 of the note @ $0.0002 into 52,025,000 shares.
The stock opened @ $0.0004 with a high of $0.0005 a low of $0.0003 and a close of $0.0004 that day.
Then on 3/11/2015 KBM converted $8,750.00 @ $0.00017 into 51,470,588 shares.
The stock opened at $0.0005 which was also the high, a low of $0.0002 and a close of $0.0003.
Of course that shows KBM converted and sold the shares as soon as the 180 days was up so on an annual basis you'd have to double the profit/interest rate they really made.
e. Expenses . At the Closing, the Company shall reimburse Buyer for expenses incurred by them in connection with the negotiation, preparation, execution, delivery and performance of this Agreement and the other agreements to be executed in connection herewith ("Documents"
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