Replies to post #10375 on Green Parts International Inc (fka GNPT)

[investorcg]

Where do you see 10MIL Toxic Convertible? I don't. Let's not say something that isn't so. AND please, focus on what was taken out!

[pristine]

That financing is for $41,949. "UP TO" and what is actually financed are two different things.

[Until2020, formerly Until2017]

You are right about the 8K



http://www.sec.gov/answers/form8k.htm

Agreement with non related investors that allow up to $10,000,000 in financing through convertible notes. This note was twelve month convertible note with 12% stated interest rate, maturity date of April 22, 2016 and shares convert at 60% of market through a pricing formula. This is recorded net of debt discount of $8,051.

Burying that nugget in a Q was most unseemly



Until

[Myth]

this guy is a scumbag...period..