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Wednesday, September 23, 2015 4:27:32 PM
Not sure why it is being portrayed as they don't exist.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=142983
Under Notes Payable
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership limitation, into shares or common stock at a conversion price of $0.0025 per share.
There have been MILLIONS CONVERTED INTO SHARES ALREADY. They NOTES are owned by an unrelated individual! The note holder is selling these shares!
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