El Maniel International Inc (EMLL)

[Smilin_B]

Look at Epic Worldwide's standard agreement terms.

Here is just ONE example of their standard wrap around agreement.

http://agreements.realdealdocs.com/Press-Release/WRAP-AROUND-AGREEMENT-2835558/

Do the terms look familiar to El Maniel International shareholders ?

Le2dynasty, does this agreement between Epic and other parties, look EXACTLY like the one they have with Jamie Khoo?

Read it closely and you will see that i am correct (And continue to be)





WRAP-AROUND AGREEMENT



By and Between:



SPEECHSWITCH, INC., AS ISSUER;



AND



GLYNNTECH, INC. AS AFFILIATE;



AND



EPIC WORLDWIDE; INC. AS INVESTOR



2.1 Convertibility –The terms and conditions of the underlying Debt shall be so modified or amended as to include a convertibility provision allowing the Investor to convert into common voting stock at the price of 50 % discount of the average three deep bid on the day of conversion.





2.1.1 Fractional Conversion -This wrap-Around Agreement shall be convertible in whole or in part into Conversion Shares. The remaining balance of the Debt shall continue to accrue interest and inure normally.




2.2. Interest Rate -The interest rate shall be 15% per annum, compounded, applicable retroactively to the date of this agreement;




2.3. Call Provision -The Issuer shall have the rights to repurchase all remaining Debt plus any additional Debt at 150% of the Debt and Additional Debt; within the first year of the execution hereof, and 130% thereafter




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