TOTAL CONVERTED SHARES BY VACARRO: 275 MILLION + FROM 2017-2019. PROBABLY AVERAGE SALE PRICE AFTER CONVERTING WAS .40-.50. TO PAY DOWN THE NOTE BY $826,000, HE GOT AT LEAST 110 MILLION, PROBABLY 137 MILLION DOLLARS. FRAUD ON ITS FACE. HAGEN IS PART OF IT.
THIS SHIT FRAUD COMPANY, INCLUDING HAGEN, IS GOING AWAY.
NOTE 10 – Notes Payable
Payee: Sign N Drive Auto Mall, Inc.
Principal Value: $1,850,000
Issue date: June 2, 2014
Terms: Interest Free, Fixed Conversion Rate at $.003 per shares agreed to by Issuer in lieu of interest.
Embedded Conversion Option: Given the fixed rate conversion price, no derivative liability calculation for the conversion option was deemed required.
There is no maturity date for this note
$438,000 was converted into common stock in 2017
$172,650 was converted into common stock in 2018
$216,150 was converted into common stock in 2019
