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Re: Helter Skelter post# 7990

Tuesday, 05/19/2015 3:34:53 PM

Tuesday, May 19, 2015 3:34:53 PM

Post# of 21832
So...this is... >>> fraud...

...does everyone agree? Thanks...

From the pzoo PR:

Pazoo, Inc. Pays Off Approximately $400,000 of Convertible Notes, Preventing Conversions Into Free Trading Stock and Retiring Millions of Reserve Shares

WHIPPANY, N.J., April 15, 2015 (GLOBE NEWSWIRE) -- Pazoo, Inc. (OTC Pinks:PZOO) (German WKN#: A1J3DK), is pleased to announce that as of yesterday, the company has completely repaid the total of its obligations on its Convertible Promissory Notes to LG Capital Funding LLC and Macallan Partners LLC. In addition, Pazoo has given notice of its intention to fully pay off the Convertible Promissory Notes held by Union Capital LLC by the end of next week and Eastmore Capital LLC within the next two weeks. The total of the obligations, repaid and planned for the next two weeks, is approximately $400,000.

From the pzoo 10K:

On or about April 2, 2015, the Company entered into a Convertible Promissory Note with LG Capital funding in the amount of $63,000.

On or about April 14, 2015, the Company paid off the LG Convertible Promissory Note Dated October 22, 2014 for $72,676.

In 2015, LG converted aggregate principal of $72,278 into 20,794,710 common shares in accordance with the Convertible Promissory Note dated May 27, 2014.

They sold ANOTHER note ($63,000) to "LG Capital" to pay off a previous "LG Capital" note and then claim that the "LG Capital" notes are completely, in total... > "repaid"? Looks like bullshit (fraud) to me. Wasn't the so-called "paying off" of notes the reason the pos ran on April 27th, 2015... > to $O2O4? Yup, that's what I thought, too.