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Post# of 353190
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Re: jbones001 post# 221268

Wednesday, 11/14/2007 12:27:48 PM

Wednesday, November 14, 2007 12:27:48 PM

Post# of 353190
From EPGL filing today. Debentures come due two years after issuance, convertible as free trading shares at 40% discount. Corey Ribotsky debentures.

On September 23, 2005, we completed financing agreements by executing a securities purchase agreement with the following entities: AJW Partners, LLC, AJW Offshore, Ltd., AJW Qualified Partners, LLC and New Millenium Capital Partners II, LLC. Under the securities purchase agreement, we issued up to $3,720,000 in callable secured convertible notes which are convertible into shares of our common stock. The conversion price is based on the lesser of $0.12 or the average of the lowest 3 intra-day trading prices during the 20 trading days immediately prior to the conversion date discounted by 40%. The timing of the conversion is at the option of the holder.

2008-The Rainmakers Moneymakers. stock symbol RAIN
http://investorshub.advfn.com/boards/board.asp?board_id=11575


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