Replies to post #56037 on Nutra Pharma Corp (NPHC)

[SnakeJuice]

Yes that is correct.

[SnakeJuice]

When you’re ready for the conversion, the following needs to happen:

- A signed conversion notice (we will supply the form - The conversion notice include DTC instruction for the Transfer Agent).

- A legal opinion to get free-trading shares

- A non-affiliate letter


We will supply the Board Resolution for the issuance.


All of this goes to the Transfer Agent. When they are ready to DWAC the shares (electronic transfer to your brokerage account), your broker will need to go out on the DTC service to request the shares before they can be deposited.



We will be able to rely on a 3(a)9 exemption once we are current in our SEC filings and the notes are at least 6 months old. At that time, any noteholder can convert into free-trading shares.