Does anybody know how this note converted before the maturity date ?
On October 13, 2013 the Company issued a convertible note to Catherine Evans for $75,000. The bears and interest rate of 4% and matures on April 6, 2016. The note is convertible at a discount of 15% of the average of the two lowest trading prices in the 10 days prior to conversion As of June 30, 2015 the outstanding balance due on the note was $7,405.
All post here are my opinion.