MOZG

Does anyone know what’s actually happening with the convertible notes and the 8% interest portion.

I know the first payment was deferred, which would have been end of December, meaning the next quarterly payment should be end of this month? But I haven’t seen or heard anything about this?

Also the deferred payment was added as principle from what I understood. Does anyone know how this will work kr anything really.

For simplicity, let’s say I had 1000 MOZG, so $1000 to start.

8% pa per quarter is $20

If this first payment is deferred, it says it’s capitalised and added as principle.

does that now make my 1000 MOZG worth $1020 and this new $1020 is the amount that will be used to calculate next interest payment AND used when converting into shares (if one chooses to do so).