Addax Petroleum (fka AXC)

[Gremlin9999]

Seek-Could you please look at Page 12 of the 10Q From Aug 14.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10152330

I am confused by some of the convertible notes.

There are 3 that say they are eligible for conversion 180 days after the effective date of the note.

Already converted?
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KMB Worldwide 4/24/2014 $ 100,000 + 180 days eligible 10/24/2014
JSJ Inv 4/29/2014 $ 100,000 + 180 days eligible 10/29/2014
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Coming up soon
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Redwood Fund 5/15/2014 $ 100,000 + 180 days eligible 11/15/2014
KMB Worldwide 6/26/2014 $ 50,000 + 180 days eligible 12/26/2014
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The remaining 4 totaling $250,000 that say they were eligible for conversion immediately. Does that mean that those 4 may have already been converted to stock.