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  4. Zerify Inc (ZRFY) Message Board

Looks like there will be ~ 10 mil more shares sold

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Post# of 82688
(Total Views: 463)
Posted On: 11/19/2018 11:23:50 AM
Posted By: bjl369
Looks like there will be ~ 10 mil more shares sold in the coming days

Note 12 – Subsequent Events

In October 2018, the Company issued an unsecured convertible promissory note for $140,000, bearing interest at 10% per annum, and maturing in October 2019. The note is convertible at a 58% discount to the price of the Company’s common stock, as defined.

In October 2018 and November 2018, convertible note holders converted $80,000 of principal and $4,526 of accrued interest into 10,713,317 shares of common stock at conversion prices ranging from $0.007018 to $0.008526 per share.


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