Wednesday, April 15, 2015 6:43:53 PM
"4. CONVERTIBLE DEBENTURES
As of December 31, 2014, the Company had convertible debentures in the amount of $22,080 outstanding. The note holders are entitled to convert the outstanding principal amount into common stock at a conversion price at a 45% discount from the lowest trading price in the three days prior to the conversion. The convertible notes have been valued by an independent valuer. The fair value of the convertible notes is approximated to its carrying amounts."
$22K is nothing, we can take care of it in couple of days easily.
I love the O/S 212M as of March 27th..
Recent LGIQ News
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