CONVERTIBLE NOTEConvertible Note • April 18th, 2016 • BullsNBears.com, Inc. • Services-computer programming, data processing, etc. • Nevada
FOR VALUE RECEIVED, Michael James Enterprises, Inc., a Delaware corporation with a par value of $0.001 per common share (“Par Value”) (the "Company"), hereby promises to pay to the order of Vista Capital Investments, LLC or registered assigns (the "Holder") the amount set out above as the Original Principal Amount (as reduced pursuant to the terms hereof pursuant to redemption, conversion or otherwise, the "Principal") when due, whether upon the Maturity Date (as defined below), acceleration, redemption or otherwise (in each case in accordance with the terms hereof) and to pay interest ("Interest") on any outstanding Principal at the applicable Interest Rate from the date set out above as the Issuance Date (the "Issuance Date") until the same becomes due and payable, upon the Maturity Date or acceleration, conversion, redemption or otherwise (in each case in accordance with the terms hereof).
NEITHER THESE SECURITIES NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE...Convertible Note • April 18th, 2016 • BullsNBears.com, Inc. • Services-computer programming, data processing, etc. • California
THIS NOTE is a duly authorized Convertible Promissory Note of Michael James Enterprises, Inc., a corporation duly organized and existing under the laws of the State of Delaware (the “Company”), designated as the Company's 10% Convertible Promissory Note due March 24, 2017 (“Maturity Date”) in the principal amount of $60,500 (the “Note”).
