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Re: PENNIEStoSTACKS post# 29074

Monday, 04/20/2015 10:46:09 PM

Monday, April 20, 2015 10:46:09 PM

Post# of 67161
The new shares imo were to satisfy DKGR
convertible note for 300 k I assume it was converted
a few weeks ago at .0001 if so they need to give Dkgr
3.36 Billion shares to satisfy the note and discounts
This would makes sense as to the increase to 6 Billion

Drake owns a $300K of convertible promissory notes against Eagle Oil Holding Company. The interest rate is 12% with interest paid semi-annually. It is convertible into common shares at a 12% discount to market. Drake was issued the notes through the sale of two leases in 2013, namely the Frank Farm lease and the Morrison lease. Please review information on this exciting company by clicking on the link below that directs you to their website:

http://eagleoilholdingco.com/
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