Posted On: 08/05/2013 10:24:12 AM
Post# of 2146
Didn't come up with it. They financed it.
Payable in a note due in three years, interest free.
The note is convertible to common shares after 1 year at a price of .07/share. That would be a fair bit of dilution if that occurred. About 143,000,000 shares.
Payable in a note due in three years, interest free.
The note is convertible to common shares after 1 year at a price of .07/share. That would be a fair bit of dilution if that occurred. About 143,000,000 shares.
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