Inergetics Inc (fka NRTI)

[Nutrition121]

The 12% loan is based on 365 days a year not 180 days as you quoted. You are very wrong in your assumptions. The $1,500,000 is really a $1,000,000 convertible note as long as Inergetics files the necessary items in the agreement. They already filed the S1 which reduced the note by $200,000 and another $300,000 will be erased when they file according to the terms specified in the note soon.