InvestorsHub Logo

Notimpressed

08/30/15 7:53 AM

#62328 RE: Krysti #62327

Retiring Salary Debt Notes (Salary Notes are not "Imaginary") is considered CASH DEBT or CONVERTIBLE to Shares. **FACT** !! ........ **Revo** issued Promissory CASH SALARY notes to Carter and ALI for SEVERAL years of UNPAID CASH SALARY as they had NO CASH to Pay the SALARY cash they OWED !!! FACT !!!............... Eyetalk did not CANCEL the NOTES as THEY did not OWE them, RATHER they had Acquired the NOTES and were OWED the FACE VALUE in CASH or STOCK at their OPTION, They chose **CASH VALUE** and by presenting to REVO, (the party that OWED), Presented them at FACE VALUE as Additional CASH VALUE Consideration (with 40% Member Interest and other liability TERMS of the Agreement) to acquire the **EXCLUSIVE LICENSE AGREEMENT**. They could have CONVERTED or PRESENTED for CASH Payment at **NOTE HOLDERS OPTION**. The FACT IS they were a REVO CASH DEBT that became RETIRED after the TRANSACTION. REVO reduced their CASH DEBT by $900,000.00 as they REPORTED. Not IMAGINARY Notes -REAL NOTES (Salary owed is REAL) .. HOW REVO AUDITORS/Accountants handled the Financial Report ENTRY/Placement was then SEC problem. It was all LEGAL NOTES, LEGAL NOTE Assignment to EYETALK365, and LEGAL CASH OWED DEBT REDUCTION. It's all very simple, and straightforward... REPEATING a TOTAL MISUNDERSTANDING of FACTS will not CHANGE the FACTS !!! LEGAL USE as CASH CONSIDERATION by EYETALK365. THEY HELD the NOTES when PRESENTED!!! It's all very simple, and straightforward