SOUPMAN, INC. | 2013 | FY | 3


Description
 
Information
 
2013
   
2012
 
Interest Rate
        8 - 12%       8%  
Maturity Date(s)
     
Apr. 1, 2013 – Aug. 28, 2013
   
Aug 3, 2012 – Feb. 14, 2013
 
                     
Series 1
 
58% of the average of the lowest 3 trading days prior to the conversion date, but only after 180 days from the loan date
  $ -     $ 199,000  
Series 2
 
Fixed conversion price of $1.00
($1.00 warrants)
    265,000       732,250  
Series 3
 
Fixed conversion price of $0.40
($0.75 warrants)
    735,000       -  
 

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