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my2Mustangs

08/08/12 12:33 AM

#50663 RE: jerry2525 #50657

Conversions are no where near done, notice the amounts still owed as of those dates. Add the 22% default rate and those amounts have surely grown.

March 31, 2012 December 31, 2011
Convertible promissory note due to accredited investor entity, interest rate of 10% per annum, is due on March 5, 2012 and is convertible in whole or in part into Company common stock at a Variable Conversion price equal to 58% of the market price (defined as the average of the lowest three closing prices for the common stock during the ten trading day period ending on the latest complete trading day prior to the conversion date. Reflected net of unamortized debt discount related to beneficial conversion feature aggregating $0 and $96,470, respectively, past due and in default. $ 273,416 $ 345,792

Convertible promissory note due to accredited investor entity, interest at a rate of 10% per annum (22% default rate), is due on March 5, 2012 and is convertible in whole or in part into Company common stock at a Variable Conversion price equal to 58% of the market price (defined as the average of the lowest three closing prices for the common stock during the ten trading day period ending on the latest complete trading day prior to the conversion date. Reflected net of unamortized debt discount related to beneficial conversion feature aggregating $0 and $28,602, respectively, past due and in default. 121,398 121,398

How many shares at .000058 will it take to settle those amounts that are "past due and in default" roughly $800,000 in just those 2 convertible promissory notes?
Then "kaboom" and the ASYI train blows up at the station taking with it the hopes and dreams of ASYI investors that have been promised that the train is leaving for more than 2 LOIs in the last 8 months and more than 2 years of hype on message boards and even some real paid promotions.



"make those shorts pay tomorrow or next week or the week after that or..., just slap the ask"