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Re: JustStartingOut post# 19234

Friday, 04/26/2013 4:03:41 PM

Friday, April 26, 2013 4:03:41 PM

Post# of 33394
My guess is bills are being paid

Similar to the previous several months as noted in the 10-K:

In March 2013, YA Global Investments (formerly known as Cornell Capital Partners, LP) elected to convert debt on three occasions in the amount of $100,000, $67,200, and $95,100 of their convertible debt into 219,377,621 shares of the Company’s common stock at prices ranging from $.0011 to $.0013 per share.

Conversion of Payables

In January 2013, an unrelated party elected to convert debt in the amount of $28,000 of their payables into 7,000,000 shares of the Company’s common stock at a price of $.004 per share. The Company also agreed to prepay for services with the same unrelated party with the issuance of 13,000,000 common shares at a strike price of $.0017 on the date of issuance in the amount of $22,100.

In January 2013, an employee elected to convert debt in the amount of $29,000 of liabilities into 29,000,000 shares of the Company’s common stock at a price of $.001 per share.

In February 2013, an unrelated party elected to convert debt in the amount of $20,800 for services into 25,000,000 shares of the Company’s common stock at a price of $.0063 per share.
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