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Re: chas1 post# 61372

Friday, 11/28/2014 5:18:30 PM

Friday, November 28, 2014 5:18:30 PM

Post# of 72908
Chas , the details on financing agreements are disclosed in annual reports. The fiscal year for FLPC is ending by July every year .As the agreements related to these notes have been contracted in December 2013 and March 2014 , we don't have the details yet . We have to wait for the upcoming 10K , as the quarterly reports only mention the amount of the Notes , due dates , and the conversion price formula .

However , if a minimum price conversion would occur , it should be mentioned , similarly to the note due December 18 which has a fixed price of .015

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