Livewire Ergogenics Inc (LVVV)

[doesitreallymatter]

On February 19, 2014, the Company entered into an agreement with a third party non-affiliateto a 8% interest bearing convertible debentures for $78,500 due on November 16, 2014, with conversion features commencing after 180 days following the date of this note. The loan is convertible at 58% of average of the lowest three trading prices for the common stock during the ten trading day prior to the conversion date. In connection with this debenture, the Company recorded a $78,500 discount on debt, related to the beneficial conversion feature of the note to be amortized over the life of the note or until the note is converted or repaid. As of June 30, 2014 this note has not been converted.

That came straight from page 17. And, this hadn't been paid by the time the last 10Q was filed or else it would have been disclosed in the subsequent events note.

Please do your DD sir.