Replies to post #2977 on FuelStream, Inc. (FLST)

[bhonda]

I guess you missed the news

[BlueDragon]

Fuelstream Remits Funds to Redeem Convertible Debenture


Fuelstream, Inc. (OTCQB:FLST) ("Fuelstream" or the "Company") announced today that it has wire transferred $124,600 to Peak One Opportunity Fund, L.P. ("Peak One") to redeem the unpaid balance and required premium of that certain convertible debenture issued on February 1, 2013 to Peak One. The redemption is part of the Company's ongoing efforts to deleverage and improve its balance sheet. Peak One has disputed the Company's attempt to redeem $11,000 of the principal amount of the debenture. The redemption, once effected, will result in Peak One no longer holding any debt securities of the Company.

[kgb1]

the note holder can already convert at .015 he dose not need the price to go down

[TheFinalCD]

sorry but must say your WRONG again!!!

Peak One Opportunity Fund Convertible debt deal


"Convertible debenture issued on February 1, 2013 , unsecured, interest included, due on October 2, 2015, convertible into common stock at 60% of the lowest closing bid price for the twenty trading days immediately preceding the date of conversion, (less unamortized debt discount of $94,039 and $-0-, respectively"

***AS ANYONE CAN SEE HAD GOTTEN A 40% DISCOUNT TO THE LOWEST BID FOR LAST 2O DAYS= NO NEED TO GET PRICE DOWN, PRICE BASED OFF LOWEST POSSIBLE SCENERIO, AND EQUATES TO .0125 FIXED PRICE***

#1 this was already explained (but you already know that don't ya;-)) here= http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90748817&txt2find=debenture

#2 Did you even read the news The Noteholder is being PAID OFF

Fuelstream Remits Funds to Redeem Convertible Debenture
http://ih.advfn.com/p.php?pid=nmona&article=58715386&symbol=FLST