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Re: allenc post# 24351

Friday, 04/29/2016 2:59:39 PM

Friday, April 29, 2016 2:59:39 PM

Post# of 33515
At September 30, 2015, the following notes remained convertible and not fully converted. All convertible notes beyond their maturity dates totaling $126,947 in principal payable are valued assuming a six month term for purposes of calculating the derivative liability. The fair value of the embedded derivative liabilities on the outstanding convertible notes was calculated at September 30, 2015 utilizing the following assumptions:

9/30/15 derivative value: $479,650.....


It appears that they still have almost half a million dollars to convert.

Probably why they are updating the financials.

I predict a change in PAR value and then a big dump or else a nice pump.






















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