A couple of soft deadlines, or looming resposibllities.
Required minimum work expenditures for the period ended September 29, 2014 are$157,578. The annual rentals due by September 30, 2014 to maintain the AZ MEP permits are $7,515.
(the "August 2013 Note") for a principal sum of $555,000 - As of April 21, 2014, $186,480 had been converted into shares of the our Common stock pursuant to the conversion terms of the agreement. Leaving approx. $369,000 in the dilution bin.
On November 18, 2013, we entered into a securities purchase agreement, whereby we agreed to issue a convertible note to one lender in the principal amount of $250,000, discounted at issuance to the face value of $225,000. The Note is payable in full on November 18, 2014.