The business plan... well, lets look at the business plan.
These are the upcoming dilutive convertible debt notes that are
about to be dumped on the unsuspecting trader/investor.
The Company entered into a Convertible Promissory Note with an investor in March and in the amount of
$50,000. The note is due on March 30, 2012 with an interest rate of 18% and can be converted into common
stock upon the note holder’s option.
The Company entered into a Convertible Promissory Note with an investor in April and in the amount of
$75,000. The note is due on April 1, 2012 with an interest rate of 10% and can be converted into common
stock upon the note holder’s option.
The Company entered into a Convertible Promissory Note with an investor in April and in the amount of
$10,000. The note is due on April 19, 2012 with an interest rate of 10% and can be converted into common
stock upon the note holder’s option.
The Company entered into a Convertible Promissory Note with an investor in April and in the amount of
$50,000. The note is due on April 30, 2012 with an interest rate of 18% and can be converted into common
stock upon the note holder’s option.
The Company entered into a Convertible Promissory Note with an investor in May and in the amount of
$40,000. The note is due on May 18, 2012 with an interest rate of 18% and can be converted into common
stock upon the note holder’s option.
The Company entered into a Convertible Promissory Note with an investor in May and in the amount of
$62,068. The note is due on May 21, 2012 with an interest rate of 15% and can be converted into common
stock upon the note holder’s option.