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Re: Solar_Express post# 27552

Saturday, 07/26/2014 1:15:48 AM

Saturday, July 26, 2014 1:15:48 AM

Post# of 104411
I apologize in advance if I am wrong but is this not related?


Unregistered Sale of Securities

On June 30, 2014, two secured debenture holders converted $1,000,000 in principal of debentures into 16,666,667 shares of common stock and certain unsecured lenders converted $200,000 into 3,666,667 shares, each at a conversion price of $.06 per share. Exemption from registration is claimed under section 3(a) (9) of the Securities Act of 1933, as amended. Also certain officers, directors and consultant exchanged accounts payable totaling about $525,000 for 6,575,000 shares at a price of $.08 per share. Exemption from registration is claimed under section 4(2) of the Act.

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