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Biotech / Medical : H-QUOTIENT,INC. (HQNT)

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To: scion who wrote (120)	7/30/2005 5:33:00 PM
From: scion	Read Replies (1) of 136

...one debenture in the principal amount of $1,780,811 is held by Dunvegan Mortgage Corporation a company of which Veridien's President & C.E.O. Mr. Sheldon Fenton is an officer and a director. Form 10QSB for VERIDIEN CORP -------------------------------------------------------------------------------- 16-Aug-2004 Quarterly Report During the second quarter of 2004 $471,215 of existing convertible debenture principal, along with $427,773 of convertible debenture accrued interest and $1,181,822 of payable debt was rolled into 2 convertible debentures. These debentures carry interest rates of 10% and have terms of 3 years. These instruments are immediately convertible into common shares, at the option of the holder, at conversion rates of $0.051. One debenture in the principal amount of $300,000 is held by a person not affiliated or related to the company and one debenture in the principal amount of $1,780,811 is held by Dunvegan Mortgage Corporation a company of which Veridien's President & C.E.O. Mr. Sheldon Fenton is an officer and a director. biz.yahoo.com

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