Medrecycler Equipment? Pyro SS LLC? That issuan

Medrecycler Equipment? Pyro SS LLC?

That issuance and loan by MedRecycler-RI, Inc had to be in Q3 (ending September 30,2020) based on the this Q3 2020 10-Q (link below). This same company didn't file as as an LLC in PA until October 12, 2020? Was it the same entity/ownership at the time Medi-RI issued a first position secured convertible loan to Pyro SS, LLC in the amount of $500,000.

Pyro SS LLC - organized 10/12/20 (500K loan to Pyro SS LLC before 9/30/20)
https://opencorporates.com/companies/us_pa/7144783

Read More: https://investorshangout.com/post/view?id=627...z81Q6iSVkI

See page 22
11/24/2020 | 06:04am EDT
https://www.marketscreener.com/quote/stock/SU...-31855159/

Quote:

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"In order to prevent a default of the bridge financing for the Rhode Island Project, the MedRecycler-RI, Inc. has issued a first position secured convertible loan to Pyro SS, LLC in the amount of $500,000, carrying a 6% interest rate , which shall convert into 11,000 shares upon the issuance of an operating permit by the state of Rhode Island sufficient to commence operations of the Rhode Island Project. In the event of a conversion, the economic interest to be received by the Company will be reduced from 51% to approximately 46% . The convertible note shall be secured by all such securities previously secured under the Indenture of Trust, as amended. In the event of default on the convertible loan, Pyro SS, LLC shall have a first position on liquidation of the security interests . Further under a Term Sheet that MedReycler-RI, Inc entered into with Pyro SS, LLC . MedRecycler RI, Inc. is currently drafting agreements under the term sheet for a stock purchase agreement for $1,500,000 upon receiving its operating permits for an additional twenty percent (20%) percent of common stock of MedRecycler-RI, Inc"

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in my humble opinion

cheers