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Re: fidz post# 531

Thursday, 03/17/2011 9:12:32 AM

Thursday, March 17, 2011 9:12:32 AM

Post# of 1807
Really, let's check the official filing with the SEC shall we?


On January 7, 2011, Mr. Noel converted promissory notes in the principal amounts of $3,000, $10,000, $35,000, $41,000, $60,000 and $25,000, which were originally issued by YesDTC, Inc. to Mr. Noel on September 8, 2010, September 9, 2010, September 15, 2010, October 6, 2010, October 14, 2010 and October 26, 2010, respectively (the “Converted Notes”) together with accrued but unpaid interest on the Converted Notes of $3,292.27 into an aggregate of 7,114,613 shares of the Company’s common stock. The shares were issued in reliance upon an exemption from registration provided by Section 3(a)(9) under the Securities Act, which exempts transactions by an issuer involving exchanges of its outstanding debt and equity securities for newly issued debt and equity securities.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7656173


For somebody who either moderates boards or assists on many JN stocks, you don't seem to know much about what's actually going on with those companies.

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