The Note Nobody Read
Tab one: the secured note dated 14 March 2017, principal four hundred and ten thousand dollars, executed by Christopher Lawson as CEO of Vextor Dynamics, notarized.
Tab two: the wire confirmation.
Tab three: the UCC filing, recorded, current, never released.
Tab four: the conversion clause, which Christopher had never read, and which provided that in the event of a default in interest payments continuing beyond twenty-four months, the holder could elect conversion at the pre-money valuation of the most recent qualified financing round as of the date of the note.
2017.
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