Common use of Conversion to Common Stock Clause in Contracts

Conversion to Common Stock. Effective as of November 12, 2007, all of the amount outstanding under the Note shall be converted into shares of Common Stock at a price per share of $.10 for an aggregate number of shares of 683,970. Upon execution of this Agreement, the Company shall instruct its transfer agent to issue such shares of Common Stock to the Debtholder.

Appears in 1 contract

Samples: Debt Conversion Agreement (Public Media Works Inc)

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Conversion to Common Stock. Effective as of November 12, 2007, all of the amount outstanding under the Note shall be converted into shares of Common Stock at a price per share of $.10 for an aggregate number of shares of 683,970111,410. Upon execution of this Agreement, the Company shall instruct its transfer agent to issue such shares of Common Stock to the Debtholder.

Appears in 1 contract

Samples: Debt Conversion Agreement (Public Media Works Inc)

Conversion to Common Stock. Effective as of November 12April 26, 20072015, all of the amount outstanding under the Note Notes shall be converted into shares of Common Stock at a price per share of $.10 0.10 for an aggregate number of shares of 683,9702,000,000. Upon execution of this Agreement, the Company shall instruct its transfer agent to issue such a total of 2,000,000 shares of Common Stock to the DebtholderHolder (the “Shares”), and the Holder shall acknowledge the repayment in full of the Notes.

Appears in 1 contract

Samples: Debt Conversion Agreement (Valmie Resources, Inc.)

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Conversion to Common Stock. Effective as of November 12, 2007, all of the amount outstanding under the Note Debt shall be converted into shares of Common Stock at a price per share of $.10 for an aggregate number of shares of 683,9701,044,930. Upon execution of this Agreement, the Company shall instruct its transfer agent to issue such a total of 1,544,930 shares of Common Stock to the DebtholderInvestor.

Appears in 1 contract

Samples: Subscription and Debt Converison Agreement (Public Media Works Inc)

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