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Post# of 68092
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BillyT1000

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BillyT1000

Re: joe117 post# 17346

Friday, 07/13/2018 11:40:24 AM

Friday, July 13, 2018 11:40:24 AM

Post# of 68092
It was an email from him Wed June 11th.

Michael Bannon (mike@droneusainc.com)
To:you Details

Bill these are my notes. I used my money to start the business. I will not convert. I will keep extending.
Mike



My email to him was:
Mike,

I got this note from one of the investors.....

The Company has a convertible note payable (“Note 2”) with the Company’s CEO. Note 2 bears interest at an annual rate of 7% with a maturity date of December 31, 2017, at which time all unpaid principal and interest was due. On December 15, 2017, the due date of Note 2 was extended to July 2, 2018.

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