Pazoo Inc. (PZOO)

[Alan Brochstein]

Wow, they have so many of these, it's hard to keep up! I think that they are just super sloppy. In the 10-K, they listed as a subsequent event:

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

In the p.r., it seems like they just goofed their description, they should have said "current obligations" or something like that or "this specific obligation". It's not clear that they really meant EVERY SINGLE obligation to LG

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.

http://globenewswire.com/newsrelease/2015/04/15/724779/10128956/en/Pazoo-Inc-Pays-Off-Approximately-400-000-of-Convertible-Notes-Preventing-Conversions-Into-Free-Trading-Stock-and-Retiring-Millions-of-Reserve-Shares.html#sthash.ChUUKBc2.dpuf

This obligation, I believe, was also issued in October 2014:

In the amended S/1: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10921528

In October 2014, the Company entered into a 8% Convertible Note with LG Capital Funding LLC in the amount of $47,250, of which $6,750 is original issue discount. LG may convert the note into common shares of the Company at a 50% discount to the lowest trading price of the 15 days prior to the conversion date.