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Alias Born 04/06/2012

Re: jorak post# 6150

Wednesday, 05/01/2013 4:19:09 PM

Wednesday, May 01, 2013 4:19:09 PM

Post# of 68548
Hi Jorak, you are probably right.

See from last 10-K, page 23:



In 2012, the Company received loan from Tonaquint Inc. in the amount of $112,500. The amount owed to Tonaquint Inc. at December 31, 2012, is shown net of the remaining debt discount of $69,584 resulting in a balance of $42,916. The loan is convertible, over a one year period, into restricted common shares at a fixed price. The price of the shares is equal to 60% of the market price of the shares at the date of the execution of the conversion. This loan bears interest at 8% per annum and is payable on demand.



Interesting to see that some very active people wrote a lot of posts in April as well... coincidence, or Fife's brothers ?

Anyway, good luck to all!
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