Ournett Holdings, Inc. 3
3 · Ournett Holdings, Inc. · Filed Nov 12, 2015
Insider Transaction Report
Form 3
Ournett Holdings, Inc.[NONE]
Serra Ruperto
Director
Holdings
- 990,000
Common Stock
Convertible Promissory Note, dated February 4, 2015
→ Common Stock
Footnotes (2)
- [F1]Ruperto Serra, may convert, at his election, the principal of the Convertible Promissory Note into 141,932 shares of Common Stock plus such number of shares of Common Stock in respect of accrued but unpaid interest at the rate of 1% per annum, at a conversion price of $0.025 per share of Common Stock, upon the earlier of (i) 6 months from the issuance date of the Note, being February 4, 2015; or (ii) the date on which the Issuer receives a ticker symbol from FINRA, which has not yet been issued.
- [F2]The conversion rights expire on the Maturity Date of the Note on February 4, 2016.