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Sunday, April 29, 2018 1:09:41 AM
(R.I.P GNCP shorty We are going to dollar's imo) . WAIVING OF ALL INTEREST PAYMENTS ON EXISTING OUTSTANDING
CONVERTIBLE LOAN NOTES:
All of the holders of Convertible Loan
Notes totaling $16,847,834 agreed to waive all interest
payments post June 30, 2015.
Furthermore each and every Convertible Loan
Holder agreed unconditionally to exchange their
Convertible Loan Notes for shares of Series X Convertible Preferred Stock at $1.00 per share.
The accrued interest owed to these Convertible Loan Note Holders as at June 30, 2015, being $4,569,527,
is being exchanged for shares of Series X Convertible Preferred Stock
at $1.00 per share.
These shares of Series X Convertible Preferred Stock
will be issued in the week commencing
April 23, 2018 and held on book by the Company’s Transfer Agent.
A detailed filing of these Stock Issuances and disclosure of Holders will be published at that
date https://backend.otcmarkets.com/otcapi/company/financial-report/191433/content
CONVERTIBLE LOAN NOTES:
All of the holders of Convertible Loan
Notes totaling $16,847,834 agreed to waive all interest
payments post June 30, 2015.
Furthermore each and every Convertible Loan
Holder agreed unconditionally to exchange their
Convertible Loan Notes for shares of Series X Convertible Preferred Stock at $1.00 per share.
The accrued interest owed to these Convertible Loan Note Holders as at June 30, 2015, being $4,569,527,
is being exchanged for shares of Series X Convertible Preferred Stock
at $1.00 per share.
These shares of Series X Convertible Preferred Stock
will be issued in the week commencing
April 23, 2018 and held on book by the Company’s Transfer Agent.
A detailed filing of these Stock Issuances and disclosure of Holders will be published at that
date https://backend.otcmarkets.com/otcapi/company/financial-report/191433/content
