946M CD converts May31! Dilution Coming.
$236500 ÷.00025(CD 52 week low discount share price) = 946,000,000
SOS Arizona document just filed 4/13/2017..A/S increase coming?
"May 31, 2016 the Company issued a debenture for $107,500 for cash advances during May 2016. The debenture
accrues interest at 10% per annum and will convert into the company’s common stock at 50% of the lowest closing bid
price 12 months before the conversion date. The Holder is restricted from any conversions that would result in the
Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During the quarter
ended June 30, 2016 the debenture accrued $895 in interest resulting in the debenture having $107,500 in principal
and $895 in accrued interest outstanding at June 30, 2016. During the quarter ended September 30, 2016 the
debenture accrued $2,688 in interest resulting in the debenture having $107,500 in principal and $2,688 in accrued
interest outstanding at September 30, 2016.
On May 31, 2016 the Company issued a debenture for $107,500 for cash advances during May 2016. The debenture
accrues interest at 10% per annum and will convert into the company’s common stock at 50% of the lowest closing bid
price 12 months before the conversion date. The Holder is restricted from any conversions that would result in the
Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During the quarter
ended June 30, 2016 the debenture accrued $895 in interest resulting in the debenture having $107,500 in principal
and $895 in accrued interest outstanding at June 30, 2016. During the quarter ended September 30, 2016 the
debenture accrued $2,688 in interest resulting in the debenture having $107,500 in principal and $2,688 in accrued
interest outstanding at September 30, 2016.
