M Line Holdings Inc (MLHC)

[CJP123]

The $1,687,773 in convertible notes being mentioned is half the picture.

Here's the terms for $877,029 worth, more than half of the total amt:

One unsecured 5% convertible notes payable to a
financial institution due March 4, 2015. This note
can be converted to common stock at 55% of the
lowest closing price in the 20 trading days prior to
conversion.

55% of the lowest closing price in the last 20 days? So 55% of .0003? Yeah okay, clown.

Page 12/18 show the convertible notes