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Re: None

Monday, 10/17/2016 3:04:18 PM

Monday, October 17, 2016 3:04:18 PM

Post# of 728
$CLTS - ACCOUNTS AND CONVERTIBLE LOANS PAYABLE

As at December 31, 2015, the Company had accounts payable of $317,941 and convertible loans payable of $422,534.

The Loans are convertible at the shareholders' option into common stock at a conversion rate of $0.001 per common share. The Company may prepay the Loans at anytime without penalty or bonus.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11546755

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