If you dig a little deeper you will see what I am talking about. Here are some important parts...
(III) the Investor shall have, in a private transaction, assumed at least Twenty Thousand Dollars ($20,000) with respect to the initial purchase, and thereafter Thirty Thousand Dollars ($30,000) of the Company’s debt thirty (30) days prior to the Put and the debt is converted into Shares and the Shares underlying the debt are delivered to the Holder’s account;
“ Shares ” shall mean the shares of the Company’s Common Stock.
and lets cut the BS about conspiracy theories here. A proxy? If you cant handle rational discussion, go to the yahoo boards.