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Re: jurisper post# 2933

Friday, 01/31/2014 9:05:31 AM

Friday, January 31, 2014 9:05:31 AM

Post# of 6471
Since being converted and issued are two different things, I don't know why they would convert this early. But according to the Q3 quarterly it shows they have the option to convert when MVF wants, but will not be issued until the stated terms, as shown below from Q3. Since nothing says free trading, I'm guessing they will be held and then issued at the earliest in December. We'll have to wait for the Annual to confirm that and the DMBM share conversion, which I believe is a typo of some sort.

The outstanding principal and all accrued interest, at the option of MVF, shall be convertible at a conversion price 10% lower than the lowest three day average closing prices of the Company’s common stock starting on July 16, 2013 and ending on September 15, 2013 ($0.0588). Shares will be issuable on conversion of these notes in total in four equal tranches (25% each) on the following dates: December 15, 2014, March 15, 2015, June 15, 2015 and September 15, 2015.