InvestorsHub Logo
Followers 93
Posts 4854
Boards Moderated 2
Alias Born 02/13/2014

Re: Dragon Lady post# 11990

Thursday, 11/20/2014 6:00:33 PM

Thursday, November 20, 2014 6:00:33 PM

Post# of 106828
yea...On October 7, 2014, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with Magna Equities II, LLC, a New York limited liability company (“Magna”). The Purchase Agreement provides that, upon the terms and subject to the conditions set forth therein, Magna shall purchase from the Company, a senior convertible note with an initial principal amount of $307,500 (the “Convertible Note”) for a purchase price of $205,000 (an approximately 33.33% original issue discount)"

….that more of what I'm used to seeing

]All my iHub posts are just my opinion. It is not a recommendation to buy or sell a stock. Due to possible human error, I can not guarantee the accuracy of the posted information. As always do your own Due Diligence before investing.