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Re: buddhabelly2 post# 7662

Saturday, 11/17/2012 12:36:49 AM

Saturday, November 17, 2012 12:36:49 AM

Post# of 31664
The first one is due I believe in March. Not 100% sure. Have to go back to financials. There is a provision I believe that limits the conversion to 4.99% of oustanding shares which is not very much. However Asher if I read it right, has the option of waiving this limit if they notify SAGD within 60 days or so. SAGD needs to find a way of paying this debt off quickly. This is not an issue I believe if major news is release which will send this stock to the moon. They can then sell stock to pay off the debt. Hoping for the best as I am a shareholder too, but a small holder compared to the rest of you