NSAV Holding Inc (NSAV)

[Time2Surf]

Those notes are not due until March/April of next year. They are due 9 months from the issuance date which was in June, making first note due at the end of March/ beginning of April.

During June 2014, NSL issued an Unsecured Convertible PROMISSORY NOTES for $53,000 (the "June 2014 Convertible PROMISSORY NOTE"). The June 2014 Convertible PROMISSORY NOTE is unsecured, due nine months from the date of issuance, accrues interest at 8% per annum and is convertible into shares of NSL's common stock 180 days from the date of issuance. The June 2014 Convertible PROMISSORY NOTE is convertible at a discount from MARKET of 55% of the average of the three lowest bid prices during the twenty trading days prior to the conversion date.

During July 2014, NSL issued an Unsecured Convertible PROMISSORY NOTE for $53,000 (the "July 2014 Convertible Promissory Note"). The July 2014 Convertible Promissory Note is unsecured, due nine months from the date of issuance, convertible 180 days from the date of issuance, accrues interest at 8% per annum and is convertible at a discount from market of 55% of the average of the three lowest bid prices during the twenty trading days prior to the conversion date.