Sunday, March 26, 2017 8:39:52 PM
NOTE 5- CONVERTIBLE PROMISSORY NOTES
As of the date of this information statement, The Company owes a total of $390,000 in notes payable. These convertible
debt notes convert to common shares, at a discount to the current market price. This market price is calculated using an average
of the lowest closing bids over a period of trading days prior to conversion or at the time of origination of the loan. This
allows for a variable conversion price that will convert into a fair amount of common shares based on current market price. A
full list of open notes is as follows:
Debtor Date originated Amount
9
Global Media Online 9/1/15 $100,000.00
Global Media Online 9/15/14 $90,000.00
Business Direct 5/13/10 $100,000.00
Online Business Services 8/15/13 $100,000.00
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