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Re: dcsteve post# 39827

Friday, 04/29/2016 1:05:27 AM

Friday, April 29, 2016 1:05:27 AM

Post# of 70653
Can you please reveal your definitive proof that this note has not been renegotiated beyond a poster claiming they are the note holder??? Considering I don't think anyone would be foolish enough to just strictly take the word of someone randomly claiming they are the note holder...for all we know he is a 16 year old kid typing away on moms laptop claiming to be something he is obviously not.

What I can provide is the 8K that was filed with the SEC showing the company is handling negotiations of the debt

Effective as of April 25, 2016, Simlatus Corporation (Formerly Grid Petroleum Corp.) entered into a 'SETTLEMENT AND RELEASE AGREEMENT', by and between Grid

Petroleum Corp., ("GRPR", "Company"), and Blackbridge Capital, LLC ("Blackbridge"). WHEREAS, Grid Petroleum currently owed 729,955,556 Shares of GRPR Common Stock to Blackbridge Capital pursuant to a Convertible Note dated September 30, 2015, and subsequent conversion notices presented by Blackbridge. Both parties agreed that the outstanding 729,955,556 Shares of GRPR Common Stock owed to Blackbridge, by the Company, would be reduced to a total amount of 200,000,000 Shares of Common Stock as full and final settlement of both current and contemplated future conversion notices of the September 30, 2015 Convertible Note.

Along with a quote from the CEO..

Gary B. Tilden, CEO, stated, "We have removed all of the toxic debt off of our books since our new management was appointed on March 20, 2016. This will be reflective in our next audited 10-K filing ending March 31, 2016."


I just feel that offers a little more credibility than a random stranger posing as someone he most likely is not...