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Posted On: 07/12/2019 4:31:02 AM
Post# of 29251
Well it is worse then we thought...
Debt Securities, Including Promissory and Convertible Notes. William White loaned the company money in 2017 which was never paid back. The outstanding balance is now $22,220. The convertible note is set at $.0001. That equates to 222,200,000 shares for William White. So the total for both of the Whites is 422,200,000 shares. >>
source: Scroll down to Section 3, Note B -- page 8
https://backend.otcmarkets.com/otcapi/company...60/content
Next up is Darryl Green. He loaned the company money in 2018 which hasn't been paid back. The outstanding balance is now $58,847.00. The terms of the convertible note for Green are not disclosed, but in the financial section it is listed under Payable Notes . I'll take the liberty to assume Green got the same deal as White which means his note is also convertible at $.0001. Why wouldn't Green demand the same terms as White? So, Green's $58,847.000 divided by .0001 equates to 588,470,000 shares.
Now, the total for the Whites and Green is 1,010,670,000 shares.
source: Scroll down to Section 3, Note B -- (page 8 )
https://backend.otcmarkets.com/otcapi/company...60/content
Debt Securities, Including Promissory and Convertible Notes. William White loaned the company money in 2017 which was never paid back. The outstanding balance is now $22,220. The convertible note is set at $.0001. That equates to 222,200,000 shares for William White. So the total for both of the Whites is 422,200,000 shares. >>
source: Scroll down to Section 3, Note B -- page 8
https://backend.otcmarkets.com/otcapi/company...60/content
Next up is Darryl Green. He loaned the company money in 2018 which hasn't been paid back. The outstanding balance is now $58,847.00. The terms of the convertible note for Green are not disclosed, but in the financial section it is listed under Payable Notes . I'll take the liberty to assume Green got the same deal as White which means his note is also convertible at $.0001. Why wouldn't Green demand the same terms as White? So, Green's $58,847.000 divided by .0001 equates to 588,470,000 shares.
Now, the total for the Whites and Green is 1,010,670,000 shares.
source: Scroll down to Section 3, Note B -- (page 8 )
https://backend.otcmarkets.com/otcapi/company...60/content
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