Wednesday, October 10, 2018 8:16:37 AM
Note holders line up. Party will start soon.
GREY CLOAK TECH INC
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
(unaudited)
NOTE 6 – NOTES PAYABLE – RELATED PARTY
As of June 30, 2018, the Company had the following:
Unsecured debt with shareholders of the Company, due 08/20/18, 15% interest, interest due quarterly, convertible into shares of Eqova $ 60,000
Less: Discount (42 )
TOTAL $ 59,958
NOTE 7 – CONVERTIBLE DEBT
As of June 30, 2018, the Company had the following:
Unsecured convertible debt, due 08/24/18, 12% interest, converts at a 50% discount to market price based on the last 25 days trading price $ 110,000
Unsecured convertible debt, due 11/01/18, 12% interest, converts at a 50% discount to market price based on the last 25 days trading price 110,000
Unsecured convertible debt, due 10/04/18, 8% interest, converts at a 55% discount to market price based on the last 20 days trading price 50,000
Unsecured convertible debt, due 02/02/19, 8% interest, converts at a 55% discount to market price based on the last 20 days trading price 42,500
Unsecured convertible debt, may borrow up to $300,000, due 10/04/18, 8% interest, converts at a 44% discount to market price based on the last 20 days trading price 30,000
Unsecured convertible debt, may borrow up to $300,000, due 11/09/18, 8% interest, converts at a 44% discount to market price based on the last 20 days trading price 45,000
Unsecured convertible debt, may borrow up to $300,000, due 01/08/19, 8% interest, converts at a 30% discount to market price based on the last 20 days trading price 40,000
Unsecured convertible debt, due 08/17/17, 12% interest, converts at a 45% discount to market price based on the last 20 days trading price 9,500
Unsecured convertible debt, due 01/23/18, 8% interest, converts at the lower of $0.04 or a 40% discount to market price based on the last 20 days trading price 17,000
Unsecured convertible debt, due 10/26/18, 8% interest, converts at a 45% discount to market price based on the last 20 days trading price 10,000
Unsecured convertible debt, due 06/26/18, 9% interest, converts at a 42% discount to market price based on the last 15 days trading price 27,137
- 10 -
Table of Contents
GREY CLOAK TECH INC
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
(unaudited)
NOTE 7 – CONVERTIBLE DEBT (CONTINUED)
Unsecured convertible debt, due 12/01/17, 12% interest, converts at a 50% discount to market price based on the last 20 days trading price 66,000
Unsecured convertible debt, due 06/30/18, 12% interest, converts at a 39% discount to market price based on the average of the lowest 2 trading prices in the last 15 days trading price 46,210
Unsecured convertible debt, due 07/30/18, 12% interest, converts at a 39% discount to market price based on the average of the lowest 2 trading prices in the last 15 days trading price 43,000
Unsecured convertible debt, due 10/10/18, 12% interest, converts at a 39% discount to market price based on the average of the lowest 2 trading prices in the last 15 days trading price 35,000
Unsecured convertible debt, due 01/19/17, 8% interest, default interest at 18%, converts at a 54% discount to market price based on the lowest trading prices in the last 20 days trading price 6,750
SUBTOTAL 688,097
Less: Discount
GREY CLOAK TECH INC
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
(unaudited)
NOTE 6 – NOTES PAYABLE – RELATED PARTY
As of June 30, 2018, the Company had the following:
Unsecured debt with shareholders of the Company, due 08/20/18, 15% interest, interest due quarterly, convertible into shares of Eqova $ 60,000
Less: Discount (42 )
TOTAL $ 59,958
NOTE 7 – CONVERTIBLE DEBT
As of June 30, 2018, the Company had the following:
Unsecured convertible debt, due 08/24/18, 12% interest, converts at a 50% discount to market price based on the last 25 days trading price $ 110,000
Unsecured convertible debt, due 11/01/18, 12% interest, converts at a 50% discount to market price based on the last 25 days trading price 110,000
Unsecured convertible debt, due 10/04/18, 8% interest, converts at a 55% discount to market price based on the last 20 days trading price 50,000
Unsecured convertible debt, due 02/02/19, 8% interest, converts at a 55% discount to market price based on the last 20 days trading price 42,500
Unsecured convertible debt, may borrow up to $300,000, due 10/04/18, 8% interest, converts at a 44% discount to market price based on the last 20 days trading price 30,000
Unsecured convertible debt, may borrow up to $300,000, due 11/09/18, 8% interest, converts at a 44% discount to market price based on the last 20 days trading price 45,000
Unsecured convertible debt, may borrow up to $300,000, due 01/08/19, 8% interest, converts at a 30% discount to market price based on the last 20 days trading price 40,000
Unsecured convertible debt, due 08/17/17, 12% interest, converts at a 45% discount to market price based on the last 20 days trading price 9,500
Unsecured convertible debt, due 01/23/18, 8% interest, converts at the lower of $0.04 or a 40% discount to market price based on the last 20 days trading price 17,000
Unsecured convertible debt, due 10/26/18, 8% interest, converts at a 45% discount to market price based on the last 20 days trading price 10,000
Unsecured convertible debt, due 06/26/18, 9% interest, converts at a 42% discount to market price based on the last 15 days trading price 27,137
- 10 -
Table of Contents
GREY CLOAK TECH INC
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2018
(unaudited)
NOTE 7 – CONVERTIBLE DEBT (CONTINUED)
Unsecured convertible debt, due 12/01/17, 12% interest, converts at a 50% discount to market price based on the last 20 days trading price 66,000
Unsecured convertible debt, due 06/30/18, 12% interest, converts at a 39% discount to market price based on the average of the lowest 2 trading prices in the last 15 days trading price 46,210
Unsecured convertible debt, due 07/30/18, 12% interest, converts at a 39% discount to market price based on the average of the lowest 2 trading prices in the last 15 days trading price 43,000
Unsecured convertible debt, due 10/10/18, 12% interest, converts at a 39% discount to market price based on the average of the lowest 2 trading prices in the last 15 days trading price 35,000
Unsecured convertible debt, due 01/19/17, 8% interest, default interest at 18%, converts at a 54% discount to market price based on the lowest trading prices in the last 20 days trading price 6,750
SUBTOTAL 688,097
Less: Discount
Recent HYEX News
- Healthy Extracts' Gummy USA Secures Major U.S. Manufacturing Partnership with Imaraïs Beauty • ACCESS Newswire • 04/16/2026 12:35:00 PM
- Healthy Extracts Reports 2025 Net Revenue Up 45% to Record $4.5 Million • ACCESS Newswire • 04/08/2026 08:05:00 PM
- Healthy Extracts Reports Preliminary 2025 Results, Net Revenue Expected Up 45% to Record $4.5 Million • ACCESS Newswire • 04/02/2026 10:55:00 AM
- Gelteq and Healthy Extracts to Expand Gel-Based Nutrition Technologies with New Strategic Manufacturing & Commercial Partnership • GlobeNewswire Inc. • 02/11/2026 01:45:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2025 09:37:18 PM
- Healthy Extracts Reports Record Q3 2025, with Revenue up 23% • ACCESS Newswire • 11/14/2025 09:10:00 PM
- Nutraceutical Technology Leader, Healthy Extracts, Invited to Present at the Trickle Research Microcap Conference on November 13, 2025 • ACCESS Newswire • 11/11/2025 01:35:00 PM
- Healthy Extracts Expects Record Q3 2025 with Net Revenue up 23% • ACCESS Newswire • 10/30/2025 12:35:00 PM
- Healthy Extracts' Gummy USA Secures 6 Million Gummy Follow-On Order from Woman's Health Nutraceutical Leader • ACCESS Newswire • 10/23/2025 12:35:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2025 06:25:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2025 04:09:36 PM
- Form SCHEDULE 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 08/22/2025 08:24:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2025 09:11:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/24/2025 09:01:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2025 04:17:17 PM
