Sunday, November 17, 2013 6:50:26 AM
The “ Conversion Price ” in effect on any Conversion Date shall be equal to 60% of the 20 Day VWAP. As used herein, the term “ 20 Day VWAP ” shall mean and refer to the average of the lowest volume weighted average closing market price for the Common Stock for the 20 trading days preceding conversion as posted on the OTCQB or on such US National Exchange upon which the Company may be listed.
Unless you can cite another SEC statement by PVSP indicating the FF gets a different deal on their conversion, I will stay with this one.
No pple/orange/deception statements, just a SEC filing please. Thanks in advance.
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