Lesson learnt when ever you see a company mention a convertible...

Lesson learnt when ever you see a company mention a convertible note and its not paying a interest rate and offers a discount to share price run for the doors as fast as you can . All the mob does that offers the funding on convertible note is dumps/reload/ dump/ reload and makes money every time .. Sadly if your broker offers mid point you will be able to pick up @0.015 next week. Directors should be ashamed in entering this facility as in January when they entered the 1 million dollar agreement the share price was 0.007/0.008 and it will have a print of 0.001 next week. They would have got 2 million in funding from pro/sophisticated in Jan @ a minimum of 0.005 and we would be all in a better place . Instead they took the naive option and deserve to be booted for their misjudgement .. Bring on a board spill Good luck and DYOR