Asher has notes here too! Enjoy all the "notes" dilution! According to their SEC filing they want more "equity financing." Like they don't have enough already.
· The Company is seeking third party debt and/or equity financing;
Asher Enterprises, Inc. (1) Convertible promissory note bearing interest at a rate of 8% per annum, convertible at a 50% discount to the average of the six lowest ten-day trading prices of the Company ’ s common stock at date of conversion. $ - $ 27,500 Convertible promissory note bearing interest at a rate of 8% per annum, convertible at a 50% discount to the average of the six lowest ten-day trading prices of the Company ’ s common stock at date of conversion. - 9,000 Convertible promissory note bearing interest at a rate of 8% per annum, convertible at a 50% discount to the average of the six lowest ten-day trading prices of the Company ’ s common stock at date of conversion. 28,425 15,397 Convertible promissory note bearing interest at a rate of 8% per annum, convertible at a 45% discount to the average of the six lowest ten-day trading prices of the Company ’ s common stock at date of conversion. 28,875 7,500 Solar Energy Initiatives, Inc. Notes to Condensed Financial Statements April 30, 2013 (Unaudited) Note 7 – Convertible Debentures (continued) Convertible promissory note bearing interest at a rate of 8% per annum, convertible at a 45% discount to the average of the six lowest ten-day trading prices of the Company ’ s common stock at date of conversion. 22,500 - Convertible promissory note bearing interest at a rate of 8% per annum, convertible at a 45% discount to the average of the six lowest ten-day trading prices of the Company ’ s common stock at date of conversion. 11,667 - Convertible promissory note bearing interest at a rate of 8% per annum, convertible at a 50% discount to the average of the three lowest ten-day trading prices of the Company ’ s common stock at date of conversion. 53,000 - Convertible promissory note bearing interest at a rate of 8% per annum, convertible at a 50% discount to the average of the six lowest ten-day trading prices of the Company ’ s common stock at date of conversion. 3,433 - Principal balance due Asher Enterprises, Inc. 147,175 59,397 Magna Group, LLC (2) - 3,900 Convertible promissory note bearing interest at a rate of 12% per annum, convertible at a 50% discount to the lowest five-day trading prices of the Company ’ s common stock at date of conversion. - 2,226 Principal balance due Magna Group, LLC. - 6,126 Hanover Holding, LLC (3) Convertible promissory note bearing interest at a rate of 12% per annum, convertible at a 50% discount to the lowest five-day trading prices of the Company ’ s common stock at date of conversion. - 550 Principal balance due Hanover Holding, LLC - 550 Other loans at 4/30/2013 54,000 54,000 Total notes payable, net
Market Data 
Markets 
AI
