RBT has entered a convertible note arrangement with a private entity totaling $65,000 due in one year from origination (December 2009) accruing interest at 6% per annum. The note is convertible at RBT’s or lender’s request at $.15 per share.
RBT has entered a convertible note arrangement with a private entity totaling $5,000 due in one year from origination (August 2011) accruing interest at 6% per annum. The note is convertible at RBT’s or lender’s request at $.004 per share.