Wednesday, March 05, 2014 5:22:02 AM
http://files.shareholder.com/downloads/ERF/2999939501x0xS1019687-13-4350/1020646/filing.pdf
On March 5, 2013, the Company entered into a six-month secured convertible promissory note secured debt financing agreement with Tonaquint, Inc. (“holder”), for $791,500, bearing interest at a rate of 12% per annum and maturing September 5, 2013.
At September 30, 2013, the outstanding principal balance of the Tonaquint convertible promissory note totaled $909,000.
The holder may require the Company to convert the outstanding principal balance (including any unpaid interest) into shares of 144 Common Stock at any time after the six-month term of the note.
http://www.secinfo.com/$/SEC/Name.asp?X=john+m%2E+fife
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