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Toxic Avenger

10/16/12 10:27 AM

#3222 RE: Rainmaker88 #3218

Perhaps you should have read that link you posted, "In June 2008, CD Financial, LLC, an affiliate of CDS, converted notes for $750,000 and received 11.1 million shares of common stock."

Converted notes for $750k in June of 2008.

Or you could read their 10K filing, "We issued in December 2007, a convertible note to CD Financial LLC (“CD”) for $250,000. The note carried 8 percent interest and was due on April 16, 2008. The note was refinanced in April at the time CD lent us additional $500,000. The combined note was converted in June 2008 to 11.2 million shares."

Carl didn't just "come on board".