Optigenex Inc (OPGX)

[zeener2]

ALL NEWBIES MUST READ....As a result of the sale of this additional note, at July 15, 2008, we have an aggregate of $5,467,168 of callable secured convertible notes outstanding, which may hinder our ability to raise additional debt or equity capital. In addition, we have granted a security interest in substantially all of our assets to the holders of the notes. If we were required to repay all or a portion of the outstanding balance of the notes in cash due to the occurrence of an event of default, we would be required to raise additional