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Petrotech Oil and Gas, Inc. Message Board

bomerboy5412 1 post  |  Last Activity: May 14, 2014 12:34 AM Member since: Jan 8, 2014
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  • bomerboy5412 by bomerboy5412 May 14, 2014 12:34 AM Flag

    On December 30, 2013, the Company issued a debenture for $220,144 for cash advances in the same amount for
    expenses paid on behalf of Tranzbyte from October 1, 2013 thru December 30, 2013. The debenture accrues interest
    at 10% per annum and will convert into the company’s common stock at 50% of the lowest closing bid price 18
    months before the conversion date.
    220,144 divided by 0.0004= 555,000,000 shares

0.0045-0.0005(-10.00%)Jul 25 11:27 AMEDT

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