Global Health Voyager, Inc.

[woody85]

Take some good news to move this-->

On April 8, 2013, the Company issued to Asher Enterprises, Inc., a convertible promissory note in the principal amount of $34,000 at 8% due on January 10, 2014 for cash of $34,000. The notes had a nine-month maturity date from issuance. The notes bear interest at 8%. Any principal or interest on these notes which is not paid when due shall bear interest at 22% from the due date until paid. The conversion price shall equal the variable conversion price which shall mean 55% multiplied by the market price (representing a discount rate of 45%). Market price means the average of the lowest three trading prices for the common stock during the ten trading day period ending on the latest complete trading day prior to the conversion date. This note has a BCF of $27,818

Liquidity and Capital Resources

We have incurred operating losses since inception. As of June 30, 2013 , we have an accumulated deficit of $10.82 million. At June 30, 2013, we have $17 in cash and equivalents and a net working capital deficit of $5.69 million.

The Company had cash of $17 at June 30, 2013 . Historically, the Company’s source of cash for operations has been the sale of equity and debt securities. There can be no assurance that sales of the Company’s securities, or sales of the Company’s products and services will provide sufficient capital for its operations or that the Company will not encounter unforeseen difficulties that may deplete its capital resources more rapidly than anticipated. As of June 30, 2013 , $2,046,756 in principal and interest of certain promissory notes issued by the Company were due on or before June 6, 2013. These notes had matured and were verbally extended indefinitely and are payable upon demand.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9539833