8% Convertible Debenture – on July 1, 2014 the Company issued a convertible debenture, amount to $77,547, to a related entity in consideration for expenses and advances made on behalf of the Company. The Debenture provides for interest at 8% per year and is due on July 1, 2015. The Debenture is convertible at the option of the holder into the Company’s common stock at $0.0001 per share.
77,547,000 shares will be issued by July 1, 2015
8% Convertible Debenture – on July 1, 2014 the Company issued a convertible debenture, amount to $1,000, to Abraham Dominguez Cinta in consideration for expenses and advances made on behalf of the Company. The Debenture provides for interest at 8% per year and is due on July 1, 2015. The Debenture is convertible at the option of the holder into the Company’s common stock at $0.0001 per share.
10,000,000 shares will be issued by July 1, 2015
I am not a financial planner or advisor. My posts are my opinion and should never be used as the only source for investment. Provide your own DD before making any investment.