Re: Update on Polis transaction
posted on
May 19, 2009 04:00PM
"But he didn't buy them as I believe you originally suggested, right?"
"The Company has agreed to pay a $3,000 finance charge in cash, or at its election by issuing 28,517 restricted shares of common stock (“Common Stock”), in connection with the renewal. Security and other terms of the note and related security agreement remain unchanged."
Common Stock 2/6/2009 A 28517 (2) A $0.1052 138580 I by ASI Technology Corp
28517 x .1052 = $ 2999.9884
He paid 3k for them
doni