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Re: Eddie2468 post# 2931

Saturday, 01/25/2014 10:42:24 AM

Saturday, January 25, 2014 10:42:24 AM

Post# of 6471
Another reason I believe things are getting better is because the new amended and restated note to Best Investment went from a secured note to unsecured. It seems Haig locked up all the Company assets to Best Investment back in 2008 during the Lawsuit with T&T. With the Lawsuit over and the Company financed for at least two years it seems Haig is more comfortable with the Company. Below is the Old Note and the New Note

Old Note

July 8, 2008

Item 3.02 Unregistered Sales of Equity Securities

The Debt Restructuring Agreement converted the existing indebtedness to a revolving line of credit which is secured by substantially all of the assets of the registrant.

New Note

Fourth Quarter 2013

Best Investment Trust amended and restated unsecured note in the amount of
$1,013,023 originally issued to Best Investment Inc. on March 5, 2008 as a secured
note.