Future Farm Technologies Inc FFRMF

RE:RE:This analyst called FFT correctly 1 1/2 years ago

[Aman0808]

You should be concerned, especially with the convertible Debentures...

With respect to the extensions, the Company and Yorkville agreed to amend two Secured Convertible Debentures. One Debenture is in the Principal Amount of US$1,851,163, and the other Debenture is in the principal amount of US$400,000. Both Debentures had due dates of May 17, 2020, or could be converted into Common Shares of the Company at a price of C$0.14 per share. The parties agreed to the due dates of both Debentures to November 17, 2020 and to set the conversion price at C$0.05, which is a premium to the current market price.

These used to be priced substantially higher before they had to keep extending them (i believe at one point in the $0.40 range). This is substantial dilution if they convert