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mr40

10/09/13 10:39 AM

#462 RE: Voices of Reason #459

There is no way OBJE can pay the Convertible Note that is due on Oct. 31st.

If it gets converted there will be 5,260,000 dumped into the float.

The $52,600 Convertible Promissory Note bears interest at 10% per annum and is payable along with accrued interest on October 31, 2013. The Convertible Promissory Note is convertible into common stock at the option of the holder at the rate of $0.01 per share.

OBJE's filings do not identify the holder of that note. Maybe an insider??