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Re: allenc post# 50648

Friday, 06/23/2017 1:02:13 PM

Friday, June 23, 2017 1:02:13 PM

Post# of 54199
NOTE 5- CONVERTIBLE PROMISSORY NOTES
As of the date of this information statement, The Company owes a total of $200,000 in notes payable. This number has
decreased significantly due to the forgiveness of $190,000 in convertible debt at no cost to the company. The existing 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