oddly I could have sworn I saw in one of the filings JSJ had bought some notes from NIH.
they seemed connected to some of the same plays.
i.e. Camelot entertainment. NIR and JMJ Conversions of Convertible Liabilities During the nine months ended September 30, 2010, NIR and affiliate holders of convertible notes converted $234,598 resulting in the issuance of 1,607,282,399 Shares. Upon conversion, the Company reclassified approximately $56,424 of the derivative to additional paid-in capital. During the nine months ended September 30, 2010, JMJ holders of convertible notes converted $135,445 resulting in the issuance of 399,958,000 Shares. Upon conversion, the Company reclassified approximately $165,908 of the compound derivative to additional paid-in capital. In the event of full conversion of the aggregate principal amount of outstanding notes of approximately $1,407,276 as of September 30, 2010, the Company would have to issued approximately 670,612,987 Shares. However, due to contractual limitations, the most that could be converted in any singular conversion by either NIR or JMJ is approximately 67,000,000 Shares total, or 4.99% of the outstanding for each holder. In addition, there are contractual limitations that could be imposed by Camelot that would result in the inability of the note holders to convert during any given 30-day period. There is no limit to the number of shares that Camelot may be required to issue upon conversion of the notes, as it is dependent upon Camelot’s share price, which varies from day to day. This could cause significant downward pressure on the price of Camelot’s common stock.