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alanthill

10/20/16 5:48 PM

#45543 RE: Pisd #45541

"I think the 10% interest is the $100,000 off the top, then conversions start later," I don't believe this is the case because the note talks about the principal amount being one million dollars. If the one million contained the 10% interest it would be worded differently, at least I believe it would be. Anyone else have an idea how the "missing $100,000" is accounted for?