The Note will have a three-year term and will bear interest at 8%. Any outstanding amounts due under the Note may be converted into the Company’s common stock at the average of the lowest bid for the ten days prior to conversion.
Members Manuel S. Alba Annand FabeUa Jaim_ C. Laya Filologo L. Pante, Jr. All Rights Reserved by THE PHILIPPINEINSTITUTE FOR DEVELOPMENTSTUDIES, 1980 The Philippine institute for Development Studies is a …