Dr Foods Inc. (DRFS)

[bluediamonds500]

Will be buying right after the dilution sale

I like AWGI but why should I over pay...

Looks like a note will be maturing March 20, 2016

On March 27, May 6, and June 18, 2015, the Company entered into three financing transactions with an accredited investor ("Lender) which loaned the Company $48,500, $43,000 and $38,000, respectively, on three separate convertible promissory notes totaling $129,500. The current portion of the notes payable is $129,500 and $-0-, at September 30, 2015 and December 31, 2014, respectively. The notes mature on December 3, 2015, February 8, 2016 and March 20, 2016, respectively (the "Maturity Dates") and to pay interest on the unpaid principal balance hereof at the rate of Eight (8%) percent. The Lender has the right to convert the outstanding principal and interest into common shares after 180 days. The conversion price will be variable and based on a 42% discount to the market price. The market price will be the average lowest five trading prices for the common stock during the ten day trading period ending on the latest complete trading day prior to conversion. The Lender has limited its ability to convert the debt into common shares to no more than 4.99% of the Company’s outstanding common stock. The Lender can waive this limitation upon 61 days advance notice. This note is referred to as Note B in the table below.