Other interest and finance expense of $314,268 included interest on the note payable
and one-time costs for options and warrants.
In general, upon conversion, the holder of each note would receive the conversion value of the note payable
in cash up to the principal amount of the note and Millipore common stock for the note's conversion value in excess of such principal amount.
KCS also deposited into escrow a note payable
to Grupo TMM in the amount of $40 million (the "Note").
The $100 million note payable
by Fairfax to TIG Insurance Company has been increased to incorporate $22.
FACT Corporation (OTCBB:FCTOA), an emerging nutrition solutions company, today announced that it has entered into an agreement with various third parties whereby FACT has transferred all of its rights and interest in a promissory note payable
to FACT by a former subsidiary, Capital Reserve Canada Corporation (CRCL).