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mcmike

08/13/08 11:36 AM

#310 RE: Prinz18 #309


http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001161697%2D08%2D000418%2Etxt&FilePath=%5C2008%5C04%5C18%5C&CoName=TRANSAX+INTERNATIONAL+LTD&FormType=10KSB&RcvdDate=4%2F18%2F2008&pdf=
NOTE 11 - SUBSEQUENT EVENTS

On January 17, 2008, the Company issued 245,098 shares of its common stock upon conversion of 100 shares of Series A preferred stock.

On January 24, 2008, the Company issued 1,388,889 shares of its common stock upon conversion of 250 shares of Series A preferred stock.

On March 4, 2008, the Company issued 1,712,121 shares of its common stock upon conversion of 113 shares of Series A preferred stock.

On April 7, 2008, the Company issued 1,795,455 shares of its common stock upon conversion of 79 shares of Series A preferred stock.

F-32