Brookmount Exploration Inc (BMXI)

[HokieHead]

I wouldn't be suprised, they are trying to convert all this minutiae..

On February 14, 2017, the debts of three debt holders were converted to Series A Convertible Notes. The term of the notes is for 3 years, maturing on February 14, 2020, with the holder having the right to convert the debt to shares at any time at a price of $0.001 per share. These notes are non-interest bearing and no fix terms of repayment prior to maturity. Amounts unpaid at maturity will bear interest at 12% per annum until paid. The notes replace the following debts as follows: Mr. Zaf Sungar for $458,116.99; Mr. Peter Flueck for $936,891.36 and Grand Combe Developments Ltd. for $12,123.62.

$1.4 million worth of debt. They pushed it to $0.10 but the buying is done so they need to find others to sell to. Check out this Peter guy:

Peter Flueck: Cease Trade Order issued by the British Columbia Securities Commisison: temporarily restricted from being an officer or director of a public Company in British Columbia; restricted from buying, selling or trading the Company’s shares until certain requirements are met in British Columbia.