Here we are 12/25/16 with the VSPC pps at @ .0019
Post# of 96
Posted On: 12/25/2016 3:08:17 PM
Here we are 12/25/16 with the VSPC pps at @ .0019 WELL?
No pr of substance since Mr Chang amended the license agreement to the company's benefit? I suspect a large concern has ongoing research on GKG as a dedicated renewable feedstock for a biofuel project. Loan committment of $100K maded by Mr Haris Bassit who immediately exchange the loan for VSPC shares.
On November 30, 2016, Haris Basit, CEO of the Registrant, made a $25,000 loan to the Registrant in conjunction with the Loan Agreement entered into with the Registrant on November 30, 2016. In the Loan Agreement, Basit agreed, subject to satisfaction of certain conditions, including among other things, Basit’s satisfaction with the use of proceeds of past loans, to provide loans of up to $100,000 as required by the Registrant for a two-year period. The loans would be evidenced by a Convertible Note. The loans accrue interest at 8% per annum. At Basit's election, the notes are convertible into shares of Registrant common stock at a price equal to 20% of the average closing price of the Registrant's common stock for the 20 trading days immediately preceeding the date of the loan. Each note matures on the first anniversary of the issuance date of such note. If Basit chooses to convert, the $25,000 loan made on November 30, 2016 would convert into 66,312,997 shares of Registrant common stock at a common stock price of $0.000377 per share.
11/19 Dr Schewe loaned $39K
TOTAL $64K last 30 days. Whats the possible use partial funding by VSPC for a loan fee or outside legal expense?? Look for 2017 breakout IMO!!
No pr of substance since Mr Chang amended the license agreement to the company's benefit? I suspect a large concern has ongoing research on GKG as a dedicated renewable feedstock for a biofuel project. Loan committment of $100K maded by Mr Haris Bassit who immediately exchange the loan for VSPC shares.
On November 30, 2016, Haris Basit, CEO of the Registrant, made a $25,000 loan to the Registrant in conjunction with the Loan Agreement entered into with the Registrant on November 30, 2016. In the Loan Agreement, Basit agreed, subject to satisfaction of certain conditions, including among other things, Basit’s satisfaction with the use of proceeds of past loans, to provide loans of up to $100,000 as required by the Registrant for a two-year period. The loans would be evidenced by a Convertible Note. The loans accrue interest at 8% per annum. At Basit's election, the notes are convertible into shares of Registrant common stock at a price equal to 20% of the average closing price of the Registrant's common stock for the 20 trading days immediately preceeding the date of the loan. Each note matures on the first anniversary of the issuance date of such note. If Basit chooses to convert, the $25,000 loan made on November 30, 2016 would convert into 66,312,997 shares of Registrant common stock at a common stock price of $0.000377 per share.
11/19 Dr Schewe loaned $39K
TOTAL $64K last 30 days. Whats the possible use partial funding by VSPC for a loan fee or outside legal expense?? Look for 2017 breakout IMO!!
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