Trustcash Holdings Inc (TCHH)

[petermic]

Steve Drayton, Investor Representative
c/o EuroHelvetia Co SA
World Trade Centre
10 Route De L'Aeroporte, Box 691
1215 Geneva 15, Switzerland


Convertible Promissory Note. On October 31, 2006, the Company completed the sale and issuance of convertible promissory notes in the principal amount of US$ 500,000 each for an aggregate total of $1,000,000 (the "Notes"). The Notes were issued to two parties: Felix Holdings Limited ("Felix") and Bank Sal. Oppenheim Jr. & Cie ("Oppenheim"). Prior to the execution of the Notes, there was no relationship between the Company and Felix or the Company and Oppenheim. Felix and Oppenheim on conversion of the Notes will form part of the Investors group under the Contribution Agreement.


http://www.sec.gov/Archives/edgar/data/1330340/000122150807000034/def14av2_mar2307.htm#_Toc162068011