Replies to post #31 on Solar Alliance Energy Inc. (SAENF)

[Pro-Life]

That whole run has completely retraced and more... sheeeeeeesh!

[Pro-Life]

Finavera Renewables Extinguishes Convertible Debt



http://finance.yahoo.com/news/Finavera-Renewables-cnw-2235719424.html?x=0&.v=1

Press Release Source: Finavera Renewables Inc. On Monday May 10, 2010, 8:41 pm EDT VANCOUVER, May 10 /CNW/ - Finavera Renewables Inc. ('Finavera Renewables' or the 'Company') (TSX-V: FVR - News) announces that it has fully extinguished a convertible debenture, originally issued for $2,000,000 in April 2008. The Company issued shares in tranches according to an amended agreement with the debenture holder first announced on November 24, 2009. A total of 17,728,260 shares were issued in semi-monthly allotments between January 26, 2010 and May 8, 2010. At December 31, 2009 the Company reported convertible debt of $1,259,006 on its balance sheet. This debt and accrued interest was fully paid by the issuance of shares.


Jason Bak, CEO About Finavera Renewables Inc. (http://www.finavera.com/)