very clear where selling is coming from
NOTE 10: SUBSEQUENT EVENTS
In April 2017 the Company received $43,750 in exchange for 10% convertible promissory notes due October 13, 2017. The Company issued 12,600 Series A Preferred as a loan fee on this note.
In April 2017 the Company settled $86,767 of accounts payable in exchange for 825,000 of common stock.
In April of 2017, the Company filed a Certificate of Merger with the Delaware Division of Corporations in order to merge the Company’s wholly-owned subsidiary, IsoPet Solutions Corporation, with and into the Company.
On May 15, 2017 the Company completed the issuance of $2,194,443 7.5% Senior Secured Convertible Debentures (the "Debentures"), consisting of a principal amount of $1,755,554 and $438,889 of original issue discounts, and a maturity date of May 15, 2018. These Debentures were issued in exchange for 10% Convertible promissory notes with an aggregate prepayment amount of $1,755,554 that were maturing on various dates in May 2017 through October 2017. Of these Debentures $820,419 have a $0.12 conversion rate, $210,313 have a $0.13 conversion rate, and $1,163,711 have a $0.20 conversion rate. In conjunction with the transaction the Company issued 445,861 Series A Preferred as loan fees.
On May 15, 2017 the Company issued Debentures in the aggregate principal amount of $1,179,581, with $235,916 in original issue discounts, resulting in gross proceeds of $943,664.39 to the Company. Each of these Debentures has a conversion rate of $0.20. The Company issued 235,917 of Series A Preferred as loan fees on these Debentures.
In April and May, 2017, the Company issued 1,920,000 shares of common stock for 192,000 shares of Series A Preferred
