Boreal Water Collection Inc. (fka BRWC)

[Burny]

8k's and conversion notices- Sorry in advance if this has already been posted-
For anyone interested in more on conversion (s), I found ( along will all the 8k's that have in fact been filed) this notice of conversion on a $250k note. I am not going to slog through a bunch of calculations or look at the other notes etc but the info is there. The most recent ( and final) conversion (s) may or may not use the same formula. Bottom line is CEO is doing a ton to generate revenue and improve the financial picture of the company IMO-Long BRWC

Excerpt:
Date of Conversion: Jan 19, 2015
Applicable Conversion Price: $0.0014233
Calculated as 30% discount to the average of the 3 lowest trades on the previous 10 trading days to the conversion (0.70 x ((0.002 + 0.002 + 0.0021)/3))
Number of Shares of Common Stock to be Issued
Pursuant to Conversion of the Notes: 180,032,305 restricted
Amount of Principal Balance Due remaining
Under the Note after this conversion: zero

Accrued and unpaid interest remaining: zero

Francine Lavoie


By: /s/ Francine Lavoie
Name: Francine Lavoie
Date: January 19, 2015

Broker Name: Halcyon Cabot Partners, Ltd. DTC#: 0052
Account Name: JSJ Investments Inc.
Account#: 49154823


Link:
http://quote.morningstar.com/stock-filing/Announcement/2015/1/19/t.aspx?t=&ft=8-K&d=aaba3ba910fe48558423330b2567a1c3