InvestorsHub Logo
Followers 642
Posts 38176
Boards Moderated 1
Alias Born 03/29/2003

Re: 3-Stooges-Nyuk-Nyuk-Nyuk post# 12535

Monday, 04/03/2017 12:11:07 AM

Monday, April 03, 2017 12:11:07 AM

Post# of 14428
Conversion can be done in TWO Years:

"The purchase price for the Notes is equal to the principal amount thereof. The Notes have a term of two years from issuance and bear interest at the rate of eight percent (8%) annum, which accrues and is payable to together with interest at maturity. The Investor may convert the principal amount of the Notes (as well as other notes it currently holds as referenced above), together with accrued but unpaid interest thereon, into Shares at the applicable conversion price, at any time or from time to time prior to maturity. The conversion price is subject to adjustment for stock splits, stock dividends, recapitalizations and similar transactions. The Notes also provide that at no time may they be convertible if the number of Shares being issued upon conversion to and then held by the Investor would result in the Investor beneficially owning in excess of 4.99% of the Company’s then outstanding Shares, after giving effect to the proposed conversion."

Go:

$$$$ KAYS $$$$
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KAYS News