Rich Pharmaceuticals Inc. (fka RCHA)

[Werbe]

"The above-referenced issuances of shares were made in reliance on the exemption provided by Section 4(2) of the Securities Act for the offer and sale of securities not involving a public offering. The Company's reliance upon Section 4(2) of the Securities Act in issuing the securities was based upon the following factors: (a) the issuance of the securities was an isolated private transaction by us which did not involve a public offering; (b) there was only a one investor who was an accredited investor; (c) there were no subsequent or contemporaneous public offerings of the securities by us; (d) the securities were not broken down into smaller denominations; and (e) the issuance of shares was to a convertible note payable which was negotiated directly between the investor and the Company."

Nothing about debt total. Just lawyer talk for guidelines they must follow and 2 show they did follow them. Conversions will keep happening here until notes are paid off. CEO is in on debt if you ask me.. He is giving no reprieve in conversions. If you have high average, average down and get out on next run.