Bemax Inc (BMXC)

[allenc]

BMXC- I am curious to know if this note has been prepaid?

On March 20, 2017, the Company issued a Convertible Promissory Note in favor of Crown Bridge Partners, LLC. The principal amount of the loan is $114,000 with an original issue discount of $14,000 and carries an interest rate of 8% per annum. It becomes due and payable with accrued interest on March 20, 2018.Crown Bridge Partners, LLC. has the option to convert the Note plus accrued interest into common shares of the Company, after 180 days.

Could have seen conversions as early as yesterday? Hopefully our CEO has prepaid this note. JMO

BMXC