InvestorsHub Logo
Followers 71
Posts 11362
Boards Moderated 0
Alias Born 07/18/2008

Re: ashy2classy post# 17947

Thursday, 12/18/2008 2:25:57 PM

Thursday, December 18, 2008 2:25:57 PM

Post# of 649600
CTIC just read only a little

The Notes were issued pursuant to an Indenture dated December 5, 2008 between the Company and U.S. Bank National Association as trustee (the “ Indenture ”).

The Notes will bear an annual interest rate of 10% and are convertible into Common Stock at the option of the Holder at a conversion price of $0.137 per share. Accordingly, the Notes are convertible into 238,330,810 shares of Common Stock.

man this thing was over 10.00
earlier
MK

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34281645

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.