"...On February 15, 2017, an unrelated third party (the “Purchaser”) acquired two outstanding convertible notes from the original lenders. The convertible notes include a convertible promissory note issued on September 22, 2015 in the principal amount of $15,000 and another convertible promissory note issued on November 5, 2015 in the principal amount of $30,500 (the “Notes”). The Notes were convertible at a variable conversion price of 50% of the lowest day market price of our common stock.
We and the Purchaser have agreed to revise the variable conversion price in favor of a fixed $0.0001 per share conversion price. ..."
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