CFN
DEBT CONVERSION AGREEMENT
BETWEEN:
Collaborative Financial Network Group, Inc (formerly known as
▇-▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) (The
Company) _.
AND
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
WHEREAS
▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ has agreed to convert all past and current debts attributed to
The Company, specifically the amount of. $446,316(four hundred forty-six
thousand three hundred sixteen dollars) to common shares in The Company in the
amount of 2,231,580 (two million two hundred thirty-one thousand, five hundred
eighty) shares ▇▇▇ ▇▇▇▇, ▇-▇ fling. It is understood. that by signing below,
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and all persons(s) he represents, considers the issuance of
these shares payment in full for all past and current debts and releases The
Company, its Directors, and successors, from any actions, liens, encumbrances,
or claims.
Signed and agreed to this 25day of January 2002
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Collaborative Financial Network Group, Inc
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▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇-▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Email:▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇
