VG Life Sciences Inc. (VGLS)

[Eddie2468]

According to the September Quarterly DMBM is owed a little over 400 Grand, down from 870 in January. If the 2,000,000 share conversion is a typo and is $300,000 instead of $30,000 which would be at 15 cents, that might mean the DMBM convertible debt might finally be over with. There were some smaller notes to DMBM but the big nut might be over. It seems there will be no more games involving DMBM, since DMBM is involved in the Private Placement and will only be issued shares with the same terms as the PP. It seems no more new debt for free trading shares. To me it is a positive that DMBM is willing to wait for shares as all the new money invested in the PP.

Also to see Best Investment take shares at .24 cents and Haig only controlling 12% of the outstanding shares, it seems he doesn't have as much control as you state.



Haig Keledjian
P.O. Box 1020
South Pasadena, CA 91031
Approximately 12% of issued and outstanding shares