Endexx Corp (EDXC)

[neverenough44]

Not too lazy to read the annual report...


On October 1, 2016, our President and Chief Executive officer converted $1,157,500 of accrued
salary and $123,825 in accrued payroll taxes for a total of $1,281,325 in to a long term note payable
bearing an interest rate of seven percent (7%) per annum, and with a maturity date of October 1,
2018. The note is convertible in shares of our common stock at a rate of $0.027 per share.


https://www.otcmarkets.com/financialReportViewer?symbol=EDXC&id=185978