pb, this shouldn't surprise you, me or anyone else. This is what these pigs do. As I said earlier, .02 to .003 happens for a reason. And soon, it will be at .0003 imo. All the posts about the conversions being done or nearly done imo are not seeing the forest through the trees. This latest filing should scare the pants off of holders and prospective holders and there are MANY more conversions left to go imo.
On April 17, 2014, the Company issued 711,744 shares of its common stock to a lender in conversion of debt principal of $20,000.
On April 23, 2014, the Company issued 806,452 shares of its common stock to a lender in conversion of debt principal of $15,000.
On April 23, 2014, the Company issued 802,139 shares of its common stock to a lender in conversion of debt principal of $15,000.
On May 1, 2014, the Company issued 1,917,241 shares of its common stock to a lender in conversion of debt principal of $18,500 and accrued interest payable of $3,740.
On May 5, 2014, the Company issued 3,309,875 shares of its common stock to a lender in conversion of debt principal of $19,500 and accrued interest payable of $1,021.
On March 31, 2014, the Company entered into a convertible promissory note in the amount of $33,333 with Union Capital, LLC. The note bears interest at a rate of 8% per annum and matures on March 31, 2015. The note was funded subsequent to March 31, 2014.
On April 3, 2014, the Company entered into a convertible promissory note in the amount of $55,000 with Coventry Enterprises. The note bears interest at a rate of 8% per annum and matures on April 2, 2015.
On April 3, 2014, the Company entered into a convertible promissory note in the amount of $86,500 with Typenex Co-Investment, LLC. The note bears interest at a rate of 10% per annum and matures on December 3, 2015.
On April 9, 2014, the Company entered into a convertible promissory note in the amount of $60,000 with JDF Capital. The note bears interest at a rate of 10% and matures on October 7, 2015.
On April 4, 2014, the Company entered into a convertible promissory note in the amount of $250,000 with Vista Capital Investments, LLC and received the first advance of $25,000. The note bears interest at a rate of 10%, with each advance maturing one year from funding.
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