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Monday, 11/16/2015 10:20:44 PM

Monday, November 16, 2015 10:20:44 PM

Post# of 32393
RXSF conversion after conversion after conversion at 50% discounts. Zero Sales and 60 bucks worth of Inventory.
Almost 6 years in.

On August 28, 2015, the Company entered into an agreement with Craig Blaesing to convert a previous payable due to Axius of $15,000 into a convertible promissory note in the amount of $15,000. The note is convertible by Craig Blaesing into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Craig Blaesing converted the whole note into 468,775 shares of our common stock on September 10, 2015.



On August 28, 2015, the Company entered into an agreement with Craig Blaesing to convert a previous payable due to Axius of $15,000 into a convertible promissory note in the amount of $15,000. The note is convertible by Craig Blaesing into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Craig Blaesing converted the whole note into 9,375,000 shares of our common stock on September 10, 2015.



On September 9, 2015, the Company entered into an agreement with Timothy Jonk to convert a previous payable due to Axius of $5,000 into a convertible promissory note in the amount of $5,000. The note is convertible by Timothy Jonk into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Timothy Jonk converted the whole note into 15,625 shares of our common stock on September 10, 2015.



On September 9, 2015, the Company entered into an agreement with Mary Ellen Renna to convert a previous payable due to Axius of $15,000 into a convertible promissory note in the amount of $15,000. The note is convertible by Mary Ellen Renna into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Mary Ellen Renna converted the whole note into 46,875 shares of our common stock on September 10, 2015.



On September 9, 2015, the Company entered into an agreement with Robert Sanderson to convert a previous payable due to Axius of $5,000 into a convertible promissory note in the amount of $5,000. The note is convertible by Robert Sanderson into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Robert Sanderson converted the whole note into 15,625 shares of our common stock on September 10, 2015.



On September 15, 2015, the Company entered into an agreement with Susan V Kutzner to convert a previous payable due to Axius of $10,000 into a convertible promissory note in the amount of $10,000. The note is convertible by Susan V Kutzner into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Susan V Kutzner converted the whole note into 31,250 shares of our common stock on September 17, 2015.




F-14






RX SAFES INC.

NOTES TO THE FINANCIAL STATEMENTS

SEPTEMBER 30, 2015

(UNAUDITED)



On September 16, 2015, the Company entered into another agreement with Craig Blaesing to convert a previous payable due to Axius of $5,000 into a convertible promissory note in the amount of $5,000. The note is convertible by Craig Blaesing into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Craig Blaesing converted the whole note into 31,250 shares of our common stock on September 16, 2015.



On September 18, 2015, the Company entered into another agreement with Timothy Jonk to convert a previous payable due to Axius of $10,000 into a convertible promissory note in the amount of $10,000. The note is convertible by Timothy Jonk into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Timothy Jonk converted the whole note into 31,250 shares of our common stock on September 18, 2015.



On September 18, 2015, the Company entered into another agreement with Robert Sanderson to convert a previous payable due to Axius of $10,000 into a convertible promissory note in the amount of $10,000. The note is convertible by Robert Sanderson into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Robert Sanderson converted the whole note into 31,250 shares of our common stock on September 18, 2015.



On September 21, 2015, the Company entered into an agreement with Juan Rodriguez to convert a previous payable due to Axius of $4,000 into a convertible promissory note in the amount of $4,000. The note is convertible by Juan Rodriguez into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 50% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 10 prior trading days including the day upon which a Notice of Conversion is received. Juan Rodriguez converted the whole note into 12,121 shares of our common stock on September 21, 2015.



My opinions are my own, and based on the knowledge I have acquired over the years of owning and operating businesses on a daily basis. They are my analysis and should not be interpreted as investment advice. Basically, just an analysis. NO more, No less.

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