All American Pet Company Inc (AAPT)

[Alydyr]

Don't take my word for, see what they filed in the last 10-Q (below).

None converted thru September 21, 2012.....

8. RELATED PARTY TRANSACTIONS

On March 6, 2012, the Board of Directors authorized the Company to execute a Convertible Revolving Grid Note for a principal sum of up to $1,000,000 with CEO Barry Schwartz and President, Lisa Bershan. The Grid note bears interest at 10% per year and may be converted into common stock of the Company at a conversion price of $0.0022 any time before March 6, 2013. Neither Mr. Schwartz nor Ms. Bershan has advanced capital under the terms of the grid note as of September 21, 2012.