Monster Arts Inc (APPZ)

[Vailski]

Is she was the same Jennifer Salwender from the 10-Q that got all those convertible promissory notes (100k in promissory notes)

NOTE 7 - CONVERTIBLE NOTES PAYABLE

Jennifer Salwender

13

On May 15, 2014, the Company entered into a convertible promissory note with Jennifer Salwender in the amount of $20,000 with 9.9% interest per annum and a maturity date of May 15, 2015. The convertible note’s principle and accrued interest may be converted into common shares of the Company’s after 180 days from the issuance date at a discount of 40% off the lowest closing traded price during the prior 10 trading days to a notice of conversion. As of September 30, 2015, there has been no debt converted on this note.


On June 14, 2014, the Company entered into a convertible promissory note with Jennifer Salwender in the amount of $20,000 with 9.9% interest per annum and a maturity date of June 14, 2015. The convertible note’s principle and accrued interest may be converted into common shares of the Company’s after 180 days from the issuance date at a discount of 40% off the lowest closing traded price during the prior 10 trading days to a notice of conversion. As of September 30, 2015, there has been no debt converted on this