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Re: KPaul post# 7969

Monday, 02/26/2018 10:33:42 AM

Monday, February 26, 2018 10:33:42 AM

Post# of 35040
MUST Read/Pics ALL DEBT LOCKED >>> Item 1.01 Entry into a Material Definitive Agreement[/]

Extension of Maturity Dates on Four Promissory Notes Issued to Oscaleta Partners, LLC

Effective January 24, 2018, we entered into two Debt Amendments (the “Oscaleta Amendments”) with Oscaleta Partners, LLC (“OSCALETA”). Under the Amendments, we modified certain terms of four Convertible Promissory Notes issued to OSCALETA listed on Schedule A thereto totaling $103,905.30 (the “Notes”)

Under the Oscaleta Amendments, we have extended the maturity dates of the Notes so that each of the Notes matures on June 30, 2019. All other terms of the original Notes remain in full force and effect. A copy of the Oscaleta Amendments are attached hereto as Exhibits 10.1 and 10.2. The description of the Oscaleta Amendments herein is qualified by the terms of the full text of the agreements attached hereto and the terms thereof are incorporated herein by reference.

Extension of Maturity Dates on Fifteen Promissory Notes Issued to Trillium Partners, LP

Effective January 24, 2018, we entered into a Debt Amendment (the “Trillium Amendment”) with Trillium Partners, LP (“TRILLIUM”). Under the Amendment, we modified certain terms of fifteen Convertible Promissory Notes issued to TRILLIUM listed on Schedule A thereto totaling $1,255,541.67 (the “Notes”).

Under the Trillium Amendment, we have extended the maturity dates of the Notes so that each of the Notes matures on June 30, 2019. All other terms of the original Notes remain in full force and effect. A copy of the Trillium Amendment is attached hereto as Exhibit 10.2. The description of the Trillium Amendment herein is qualified by the terms of the full text of the agreement attached hereto and the terms thereof are incorporated herein by reference.

Extension of Maturity Dates on Fourteen Promissory Notes Issued to Alpha Capital Anstalt

Effective January 24, 2018, we entered into a Debt Amendment (the “Alpha Amendment”) with Alpha Capital Anstalt (“ALPHA”). Under the Amendment, we modified certain terms of fourteen Convertible Promissory Notes issued to ALPHA listed on Schedule A thereto totaling $3,796,135.00 (the “Notes”), namely:

Under the Alpha Amendment, we have extended the maturity dates of the Notes so that each of the Notes matures on June 30, 2019. All other terms of the original Notes remain in full force and effect. A copy of the Alpha Amendment is attached hereto as Exhibit 10.3. The description of the Alpha Amendment herein is qualified by the terms of the full text of the agreement attached hereto and the terms thereof are incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

10.1 Debt Amendments between the Company and Oscaleta Partners, LLC dated January 24, 2018

10.2 Debt Amendments between the Company and Oscaleta Partners, LLC dated January 24, 2018

10.3 Debt Amendment between the Company and Trillium Partners, LP dated January 24, 2018

10.4
Debt Amendment between the Company and Alpha Capital Anstalt dated January 24, 2018




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