Tuesday, January 01, 2013 8:48:22 AM
The SEC link 'doesn't exist'....haven't run across that one before....so I googled
"On August 1, 2011 the Company issued promissory notes to Biotech Development Group, LLC and totaling $73,500 for the Company, a form which is convertible into shares of the Company’s common stock at a fixed conversion price equal to the lesser of the fixed conversion price of $0.0041, or seventy five percent (75%) of the average of the closing bid price of the common stock as reported by Bloomberg LP for the principal market for the 5 trading days preceding the conversion date. As part of this transaction the Company also issued to the subscriber a warrant to purchase an additional 17,926,829 shares of common stock at $0.0041."
in its entirety and the link to the results follow...
http://www.google.com/search?hl=en&q=%2010x15&psj=1&bav=on.2,or.r_gc.r_pw.&bvm=bv.1355534169,d.b2U&bpcl=40096503&biw=1024&bih=395&wrapid=tlif135704488485510&um=1&ie=UTF-8&sa=N&tab=iw&ei=jt3iUKmZAcTkqAGqvoGQCQ#sclient=psy-ab&hl=en&tbo=d&q=%22On+August+1%2C+2011+the+Company+issued+promissory+notes+to+Biotech+Development+Group%2C+LLC+and+totaling+%2473%2C500+for+the+Company%2C+a+form+which+is+convertible+into+shares+of+the+Company%E2%80%99s+common+stock+at+a+fixed+conversion+price+equal+to+the+lesser+of+the+fixed+conversion+price+of+%240.0041%2C+or+seventy+five+percent+(75%25)+of+the+average+of+the+closing+bid+price+of+the+common+stock+as+reported+by+Bloomberg+LP+for+the+principal+market+for+the+5+trading+days+preceding+the+conversion+date.+As+part+of+this+transaction+the+Company+also+issued+to+the+subscriber+a+warrant+to+purchase+an+additional+17%2C926%2C829+shares+of+common+stock+at+%240.0041.%22+&oq=%22On+August+1%2C+2011+the+Company+issued+promissory+notes+to+Biotech+Development+Group%2C+LLC+and+totaling+%2473%2C500+for+the+Company%2C+a+form+which+is+convertible+into+shares+of+the+Company%E2%80%99s+common+stock+at+a+fixed+conversion+price+equal+to+the+lesser+of+the+fixed+conversion+price+of+%240.0041%2C+or+seventy+five+percent+(75%25)+of+the+average+of+the+closing+bid+price+of+the+common+stock+as+reported+by+Bloomberg+LP+for+the+principal+market+for+the+5+trading+days+preceding+the+conversion+date.+As+part+of+this+transaction+the+Company+also+issued+to+the+subscriber+a+warrant+to+purchase+an+additional+17%2C926%2C829+shares+of+common+stock+at+%240.0041.%22+&gs_l=serp.12...2305739.2311496.1.2313617.5.3.0.0.0.0.0.0..0.0.les%3B..0.0...1c.1.B_vSpVdJ04w&psj=1&bav=on.2,or.r_gc.r_pw.&bvm=bv.1355534169,d.b2I&fp=91bc34ef97bcb3b6&bpcl=40096503&biw=1024&bih=395
I, incorrectly it seems, assumed the language applied to a filing by bmgp as it appeared on the yahoo mb...my mistake. Perhaps the original poster became confused as to which message board he was on as joe noel promoted bmgp and mdhi. In any event MDHI also seems to have performed very poorly for investors as bmgp has....OPMG pps was .06 1/25/10 and is now .0008....bmgp pps was .14 on 7/14/10 and is now .007 with a historical low of .ooo5 in June of 2012.
You seem to be an MDHI fan?
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