AGREEMENT AND PLAN OF EXCHANGE EMVELCO CORP. and DAVY CROCKETT GAS COMPANY, LLC May 1, 2008Agreement and Plan of Exchange • May 7th, 2008 • Emvelco Corp. • Real estate • California
The principal amount of the Additional Convertible Debenture shall be $5,000,000 and the conversion price shall be $1.15. In the event that EMVELCO has received Shareholder Approval, then the shares of common stock of EMVELCO will be issued as if the Additional Convertible Notes had been fully converted.
