PNXP dba C2C Loans Is Now Actively Purchasing Micro-Cap Convertible Notes, Paying Debt Holders in DT22 Tokens
PNXP dba C2C Loans Is Now Actively Purchasing Micro-Cap Convertible Notes, Paying Debt Holders in DT22 Tokens
Pineapple Express Cannabis Company (OTCID: PNXP), dba C2C Loans, announces that it is actively acquiring convertible promissory notes across all tiers of the Micro-Cap market through its FORGE DT22™ debt tokenization framework. Debt holders who are unable to convert, unable to collect, or simply want to exit a frozen position can now receive immediate payment in liquid digital tokens.
If You Hold a Convertible Note, C2C Wants to Buy It
C2C Loans is purchasing convertible notes from accredited investors, lending funds, and private creditors across the full spectrum of Micro-Cap public companies. Notes in any stage of life are eligible: current, in default, in penalty, or with fully triggered default provisions.
There is no minimum or maximum principal amount. C2C evaluates each note on its own merits through its proprietary DT22 Credit Rating system — the first standardized credit rating ever developed for Micro-Cap convertible debt.
The Problem Every Note Holder Knows
Convertible note holders in the Micro-Cap market face a reality that no amount of legal rights can fix:
You cannot convert profitably. The borrowing company’s stock trades at sub-penny prices with daily volume under $5,000. Converting a $50,000 obligation at a 50% discount to the lowest bid requires the issuance of billions of shares. Selling those shares into a market with negligible volume would take years and destroy the stock price in the process.
You cannot collect. The borrowing company has no cash, no revenue visibility, and no responsiveness. Default provisions have triggered, interest continues to accrue at 18% or more, penalty multipliers have ballooned the obligation to 150% of the outstanding balance — and none of it matters because the company simply will not pay.
You cannot sell the note. There is no secondary market for private convertible debt instruments. There is no exchange, no clearinghouse, no price discovery mechanism. The note sits in your files as a legal claim worth tens or hundreds of thousands of dollars that cannot be turned into a single dollar of cash.
You are trapped. FORGE DT22 is the exit.
See How It Works
What C2C Pays and How
C2C acquires notes at a percentage of the total obligation (principal + accrued interest + triggered penalties), determined by the DT22 Credit Rating assigned to the position.
| Rating | Description | Purchase Price |
|---|---|---|
| DT-AAA to DT-A | SEC-reporting, audited financials, active trading | 55–90% of obligation |
| DT-BBB to DT-BB | Limited reporting, thin trading volume | 25–55% of obligation |
| DT-B to DT-CCC | Non-reporting, Expert Market, minimal or no visible operations | 5–25% of obligation |
| DT-CC | Near-default, abandoned, no bid, management unresponsive | 3–5% of obligation |
Payment is made in DT22 tokens, delivered to the debt holder’s verified Solana wallet. Tokens are subject to a 10-month Leak-Out Agreement — 10% released per month, enforced automatically through Token-2022 transfer hooks. This protects secondary market buyers from sell pressure while ensuring the debt holder can begin monetizing their position from month one.
What the Debt Holder Gets After the Sale
Selling a note to C2C through FORGE DT22 is not a one-time transaction. The debt holder retains ongoing economic exposure through their token holdings:
Immediate liquidity. Tokens released under the monthly Leak-Out can be sold on the Raydium DT22/USDC pool at any time, 24/7. No transfer agent delays, no restrictive legends, no Rule 144 holding periods.
Quarterly airdrop distributions. The underlying debt continues to accrue interest at the default rate. C2C pre-mints a reserve held in a DAO-controlled vault, distributed pro rata to all token holders every quarter. Yield earned from day one — including on tokens still under Leak-Out.
DAO voting rights. If the borrowing company offers to pay, the DT22 DAO votes on whether to accept. Every token holder has proportional voting power. Acceptance requires a 66.7% supermajority.
Collection upside. If the company pays after interest has continued to accrue, the per-token payout exceeds the $0.20 mint price. A holder who received tokens at $0.20 and holds through a full collection at year four could see $0.30–$0.35 per token — a 50–75% return on top of quarterly airdrops already received.
How to Submit a Note for Evaluation
Debt holders interested in selling their convertible note positions through FORGE DT22 can contact C2C Loans for a credit rating assessment and purchase offer. The evaluation process examines the borrowing company’s market tier and reporting status, the note’s terms and default history, current trading activity and share structure, and management responsiveness.
C2C provides a rating, a purchase price offer, and a timeline. If the holder accepts, assignment and token delivery are completed through a standardized process with DocuSign execution, Empire Stock Transfer custody verification, and on-chain token minting.
C2C Is Buying. If You Are Holding, We Are Ready.
Send your note for evaluation. We’ll rate it, price it, and pay you in liquid tokens.
Accredited investors only. All notes evaluated individually via DT22 Credit Rating.
About $PNXP dba Crypto2Cash Loans
Pineapple Express Cannabis Company, dba Crypto2Cash Loans (ticker: $PNXP), is developing a multi-asset digital lending platform scheduled to launch in February 2026. The company is positioning itself as the first unified platform to bridge traditional pawn services with blockchain technology, accepting cryptocurrency, NFTs, and tokenized real-world assets as collateral.
By offering cross-collateralization capabilities and institutional-grade security with radical operational transparency, Crypto2Cash Loans aims to capture significant market share in the rapidly expanding digital asset lending industry.
The company operates three integrated business lines: digital pawn lending, corporate Bitcoin treasury strategy, and FORGE DT22™ — a proprietary Micro-Cap debt tokenization framework that acquires illiquid convertible promissory notes and transforms them into fractionalized, risk-rated, yield-bearing digital tokens on the Solana blockchain.
FORGE DT22 features the first standardized credit rating system for Micro-Cap convertible debt (DT-AAA through DT-D), DAO governance with 66.7% supermajority voting, institutional custody through Empire Stock Transfer, quarterly airdrop distributions, and secondary market liquidity through Raydium decentralized exchange — simultaneously providing debt holders with immediate liquidity, token buyers with risk-rated yield, and public company shareholders with permanent protection from toxic convertible note dilution.
Cautionary Statement Regarding Forward-Looking Statements
This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect management's current expectations, assumptions, and projections about future events or financial performance and are not guarantees of future results. Forward-looking statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Statements containing words like “believe,” “anticipate,” “endeavor,” “estimate,” “expect,” “project,” “intend,” or similar expressions identify these forward-looking statements. Specifically, statements regarding future growth, market adoption of Crypto 2 Cash platform, regulatory developments, technological advancements, and financial performance in the cannabis and cryptocurrency industries are subject to these risks and uncertainties.
Digital assets including cryptocurrencies, NFTs, and tokenized real-world assets are highly volatile and speculative. Values may fluctuate significantly, and you may lose some or all of your principal. Regulatory frameworks are evolving and may impact asset values or service availability. Our platform utilizes blockchain technology and smart contracts, which carry inherent technical risks. This is not financial, investment, legal, or tax advice. Only invest what you can afford to lose. Services may not be available in all jurisdictions. Past performance does not guarantee future results. By engaging with Crypto 2 Cash Loans, you acknowledge and accept these risks.