I wouldn't be suprised, they are trying to convert all this minutiae..
On February 14, 2017, the debts of three debt holders were converted to Series A Convertible Notes. The term of the notes is for 3 years, maturing on February 14, 2020, with the holder having the right to convert the debt to shares at any time at a price of $0.001 per share. These notes are non-interest bearing and no fix terms of repayment prior to maturity. Amounts unpaid at maturity will bear interest at 12% per annum until paid. The notes replace the following debts as follows: Mr. Zaf Sungar for $458,116.99; Mr. Peter Flueck for $936,891.36 and Grand Combe Developments Ltd. for $12,123.62.
$1.4 million worth of debt. They pushed it to $0.10 but the buying is done so they need to find others to sell to. Check out this Peter guy:
Peter Flueck: Cease Trade Order issued by the British Columbia Securities Commisison: temporarily restricted from being an officer or director of a public Company in British Columbia; restricted from buying, selling or trading the Company’s shares until certain requirements are met in British Columbia.
On February 14, 2017, the debts of three debt holders were converted to Series A Convertible Notes. The term of the notes is for 3 years, maturing on February 14, 2020, with the holder having the right to convert the debt to shares at any time at a price of $0.001 per share. These notes are non-interest bearing and no fix terms of repayment prior to maturity. Amounts unpaid at maturity will bear interest at 12% per annum until paid. The notes replace the following debts as follows: Mr. Zaf Sungar for $458,116.99; Mr. Peter Flueck for $936,891.36 and Grand Combe Developments Ltd. for $12,123.62.
$1.4 million worth of debt. They pushed it to $0.10 but the buying is done so they need to find others to sell to. Check out this Peter guy:
Peter Flueck: Cease Trade Order issued by the British Columbia Securities Commisison: temporarily restricted from being an officer or director of a public Company in British Columbia; restricted from buying, selling or trading the Company’s shares until certain requirements are met in British Columbia.
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