Another Everett Dickson Play as 14 Million shares added .. AVRN Shares at .005 sold up to a dime.
On August 14, 2017, the Company entered into a convertible note in the principal amount of $20,000, with an unrelated third party. The
note carries an annual interest rate of 8% with a maturity date of
September 28, 2018. The debt is due on the maturity date and can be
paid in either cash or with the Company’s common stock at a fixed price of $0.005 The Note also, provides for a default interest rate of
15% if the note is unpaid past the maturity date. The loan is currently in default and interest has increased to 15% (the default rate) and
no payments have been made to the note holder as of October 31, 2020.
On November 1, 2017, the Company entered into a convertible note in the principal amount of $20,000, with an unrelated third party.
The note carries an annual interest rate of 8% with a maturity date of
October 31, 2018. The debt is due on the maturity date and can be
paid in either cash or with the Company’s common stock at a fixed price of $0.005 The Note also, provides for a default interest rate of
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3 February 2021) Page 20 of 20
15% if the note is unpaid past the maturity date. The loan is currently in default and interest has increased to 15% (the default rate) and
no payments have been made to the note holder as of October 31, 2020.
On February 16, 2018, the Company entered into a convertible note in the principal amount of $18,500, with an unrelated third party.
The note carries an annual interest rate of 8% with a maturity date of
February 16, 2019. The debt is due on the maturity date and can
be paid in either cash or with the Company’s common stock at a fixed price of $0.005 The Note also, provides for a default interest rate
of 15% if the note is unpaid past the maturity date. No payments have been made to the note holder as of October 31, 2020.
On August 31, 2018, the Company entered into a convertible note in the principal amount of $7,850, with an unrelated third party. The
note carries an annual interest rate of 8% with a maturity date of
August 31, 2019. The debt is due on the maturity date and can be paid
in either cash or with the Company’s common stock at a fixed price of $0.005 The Note also, provides for a default interest rate of 15%
if the note is unpaid past the maturity date. No payments have been made to the note holder as of October 31, 2020.
On December 27, 2018, the Company entered into a convertible note in the principal amount of $12,000, with an unrelated third party..
The note carries an annual interest rate of 8% with a maturity date of
December 27, 2019. The debt is due on the maturity date and can
be paid in either cash or with the Company’s common stock at a fixed price of $0.005 The Note also, provides for a default interest rate
of 15% if the note is unpaid past the maturity date. No payments have been made to the note holder as of October 31, 2020.
On August 31, 2018 and December 27, 2018, the Company entered into convertible notes in the principal amount of $3,000 and $2,500
respectively, with two unrelated third parties. The notes carry an annual interest rate of 8% with maturity dates of August 31 2019, and
December 27, 2019. The debt is due on the maturity date and can be paid in either cash or with the Company’s common stock at a fixed
price of[color=red] $0.005 [/color]The Note also, provides for a default interest rate of 15% if the note is unpaid past the maturity date. No payments have
been made to the note holder as of October 31, 2020.
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