XNRGI Inc fka NPWZ

[EDMGUY]

So is it just me or does paying $70k in legal expenses for a $170k Note seem just a tad high?

"On December 17, 2015 the Neah Power Systems ("we" or the "Company") received a payment on a December 16, 2015 Securities Purchase Agreement (the "Securities Agreement") with Union Capital LLC (the "Investor"), for the sale of a 8% Convertible Promissory Note in the principal amount of $170,250 which includes legal expenses in the amount of $70,240.46, together with a replacement note in the amount of $388,427.77, which retires the Company's obligations to Inter-Mountain Capital Corporation LLC"