Anita Mitchell February 23, 2020 Promissory Note
There are two elements:
What's a convertible promissory note? A convertible note is that a debt instrument, similar to a bond may be convertible into equity (common stock) at a future date. The conversion feature could be the mechanism by which the debt (the ) will convert to equity (fresh stocks for the investor) the next event.
What's the distinction between owning stock in a organization and also holding an email by the corporation? If you have stock (a proportion of ), you are a part owner of the . a note holder, a creditor-you have given money and a promise of repayment, and interest. Promissory notes (loans) are IOUs issued by as a means of increasing cash. called fixed revenue or fixed interest , to distinguish them .
Myth Buster: Lots of note experts and haven't been, and are not now in the note industry. They are actually in the company of selling instruction. They describe themselves experienced experts to make the sale. Some real credentials.
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