Replies to post #3642 on Global Water Technologies, Inc. (GWTR)

[diamondjim]

On June 30, 2010, the Company issued a $315,000 convertible note (Debenture A) with a maturity date on June 30, 2011 and bearing interest at 6% per annum for debt reduction of $315,000. The note is convertible into shares of the Company’s common stock at a conversion price of $0.35. Pursuant to the terms of the note the Company has reserved 1,102,386 common shares for future issuance.

http://www.otcmarkets.com/stock/GWTR/filings