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Monday, 08/27/2012 11:02:50 PM

Monday, August 27, 2012 11:02:50 PM

Post# of 74729
Per WILLIAM48 and WHO paid for the 10Q : On April 20, 2012, the Company received proceeds of $70,000 from the issuance of a $70,000 convertible promissory note to Dynamic, the Company’s controlling stockholder. The note bears interest at 5%, is due April 20, 2013, and is convertible into Company common stock at a variable conversion price equal to 80% of the market price (as defined) for the ten trading days prior to the conversion date

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