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Re: None

Tuesday, 03/31/2015 4:20:35 PM

Tuesday, March 31, 2015 4:20:35 PM

Post# of 63559

Effective December 16, 2014, the Company entered into amendments to certain promissory notes held by investors to fix the conversion price which will eliminate any further derivative gains/losses. Interest expense also increased for the year ended December 31, 2014 to $4,193,187 compared to $725,767 for the year ended December 31, 2013 due to the issuance of convertible promissory notes to fund the business and acquisition of SUNworks.



Like I said, derivative liability gone!!! That was the only reason for the $20M+ loss. Watch out Q1 and every quarter this year