Vision Industries Corp. (fka VIICQ)

[powerbattles]

STRONG INDICATOR VOTE NO TO INCREASED A/S. Here is why....

QFI and five other entities that holding 57% of majority interest in vision industries. They are the institutions invested money in VIIC "non-dilution clause" If the favor are not in their term they can CONTROL AND VOTE NO TO INCREASING A/S.

FROM: 10Q

On February 4, 2013, the Company entered into a new agreement with QIF Malta 1 Ltd. (“QIF”), for a principal sum of $1,290,000, plus the previous loan amount of $500,000 (dated September 12, 2012), which included outstanding interest, pursuant to a new Loan Agreement (“New Loan”). The outstanding principal balance of the New Loan bears interest at the rate of 8% per annum and does not include a conversion feature. The total amount due of $1,790,000, plus outstanding interest, is payable to QIF in three equal installments on October 31, 2013, November 30, 2013, and June 30, 2014. The New Loan also includes a non-dilution clause, applied to QIF and to five other entities that collectively held a 57% majority interest in Vision.