Gen 2 Technologies Inc (MNIZ)

[dizzydon]

Anyone notice BRKK's convertible note information...

this information is from the recent 10-K

NOTE 7 - CONVERTIBLE NOTES PAYABLE

As of April 30, 2016 and 2015 the Company owes $115,500 to multiple convertible promissory note holders for proceeds received during fiscal year April 30, 2012. These notes bear interest at 0%, are due on demand and are unsecured. The notes are convertible into the Company's common stock. The notes have a conversion price as follows:

$68,000
$0.005

$10,000
$0.05

$37,500
$0.20

On February 2, 2015 two demand notes totaling $37,500 were converted from demand notes to one year convertible notes. The notes became convertible on February 1, 2016. The two convertible notes bear interest of 8% per annum and convertible to common stock at $0.20 per share.

As of April 30, 2016 and 2015 the Company owed $115,500, in non-related party convertible promissory notes.

-- BRKK trading @ over .40 with notes that convert into shares at .005 ... that's a red flag to me