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Re: petermic post# 79

Tuesday, 06/17/2008 9:13:01 PM

Tuesday, June 17, 2008 9:13:01 PM

Post# of 390
Further dilution. In all probability, in my opinion, the spam and promotion is sponsored by the buyers of these convertibles and warrants:

"On June 11, 2008, Perf-Go Green Holdings, Inc. (the "Registrant" or the "Company") consummated the second closing (the "Second Closing") of a private placement offering (the "Offering") pursuant to which it issued to accredited investors (the "Investors"), 10% senior secured convertible debentures in an aggregate principal amount of $3,175,000 (the "Notes"), and warrants to purchase a total of 4,233,333 shares of the Company's common stock (the "Warrants") at an exercise price of $1.00 per share. The Warrants may be exercised for a period of five years. The Registrant consummated the initial closing on May 13, 2008 (the "First Closing")."

"The gross proceeds of the Offering to the Registrant was $4,969,757"

"The $0.75 conversion price (the "Fixed Conversion Price") may also be adjusted if the Company issues shares of its capital stock, or securities convertible, exercisable or exchangeable into capital stock at a price of less than the Fixed Conversion Price."