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Re: 300Spartan post# 2062

Friday, 10/23/2015 11:34:09 AM

Friday, October 23, 2015 11:34:09 AM

Post# of 26142
Hopes and Dreams just don't cut it, as reflected by the volume.

Everyone see right through the promotion and recognizes the effects of TOXIC CNVERTIBLE NOTES

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.