Replies to post #267478 on $Rig's Platinum Penny Alerts

[RIGATONI]

Price movements...


Since July 2014 the company’s share price has declined from a high of $0.36 to the most recent closing
price of $0.016. The company believes the primary reason for this decline is due to the recent exercise of
the convertible note investments, made by KBM Worldwide in May and June 2014, for shares in the
company and subsequent sale of these securities on market. There were two convertible notes each of
$82,500. The key terms of these notes which were previously disclosed were: 6 month repayment term,
exercise price of 35% discount to market if not repaid within the term, and no floor to the exercise price.
The company believes these two factors have helped push the share price downward from its recent high of
$0.36