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Wednesday, August 30, 2017 10:21:31 AM
-------- Forwarded Message --------
Subject: Joseph Wade Mezey
Date: Sat, 26 Aug 2017 07:08:26 -0500
From: Alan J. Brochstein, CFA
To: William Waldrop <william@signalbay.com>
Did you used to work with Joseph Wade (Mezey) at NAPP/Hansen Gray? Has
he ever had any connection to the financing at Signal Bay?
I am very concerned about this company's future, as they keep taking out new toxic debt.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12247006
On August 14, 2017, Signal Bay, Inc. (the “Company”) entered into an 8% convertible promissory note (the "Note") with LG Capital Funding, LLC. ("Lender") in the amount of $275,600. The company received $250,000 and it was funded on August 18, 2017 (Purchase Date).
The conversion shall be equal to (a) 75% of the lowest trading price of the Company's common stock during the 15 consecutive trading days prior to the date on which Holder elects to convert all or part of the Note.
On August 14, 2017, Signal Bay, Inc. (the “Company”) entered into an 8% convertible promissory note (the "Note") with Adar Bays, LLC. ("Lender") in the amount of $275,600. The company received $250,000 and it was funded on August 16, 2017 (Purchase Date).
The conversion shall be equal to (a) 75% of the lowest trading price of the Company's common stock during the 15 consecutive trading days prior to the date on which Holder elects to convert all or part of the Note.
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