Thursday, January 29, 2015 2:45:51 PM
ONLY 1 BIG problem there Doctor.......the date says FEBRUARY 4th.........now get this .....it's coming...................2014......that's right chief ....I'll say it again 2014.....
No need to be disrespectful to me, BTW...
The error is NOT mine. There are multiple date errors within the 10K.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10399143
Please read the passage again. You will see that TeamRico is inconsistent with the year:
On August 4, 2014, Pleasant Kids, Inc. (Formerly NYBD Holdings, Inc.) sold and issued a Convertible Promissory Note to KBM WORLDWIDE, Inc. in the principal amount of $27,500 pursuant to the terms of a Securities Purchase Agreement of even date therewith. The Note, together with accrued interest at the annual rate of eight (8%), is due on February 4, 2014. The Note is convertible into the Company's common stock commencing one hundred eighty (180) days from the date of issuance at a conversion price equal to 45% of the Market Price of the Company's common stock on the date of conversion. "Market Price" is defined in the Note as the average of the lowest three (3) trading prices for the Company's common stock during the ten (30) trading days prior to the conversion date. The Company has the right to prepay the Note at any time from the date of issuance until the 180th day the Note was issued at an amount equal to 150% of the then outstanding principal amount of the Note, including accrued and unpaid interest due on the prepayment date. As of the year ended September 30, 2014, the balance on the note is $21,500. The Company recorded $268.50 of accrued interest pursuant to this convertible note.
someone made a big boo boo..how's that sound
It sounds like another "OOPS" from TeamRico, but I believe that this one is innocent, but, once again, very sloppy...
Best of luck to you,
Doc
BANK INVESTS WITH TEAM-RICO!!!
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