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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: tool dude who wrote (124655)12/22/2003 1:17:01 PM
From: DesertRat1  Read Replies (1) | Respond to of 150070
 
That's incredible. Wow.



To: tool dude who wrote (124655)12/22/2003 1:56:33 PM
From: peter michaelson  Respond to of 150070
 
iDial Networks, Inc.
During the third quarter of 2003, iDial executed a securities purchase agreement for the sale of a principal amount of $1,750,000 in secured convertible debentures. Net proceeds of $1,610,000 were received in separate payments in August 2003, of which $1,500,000 was directly paid toward the closing of the GlobalNet transaction. The note is convertible into approximately 1,093,750,000 shares of the Company's common stock at the date of the note. The note bears interest at 12% and matures August 21, 2005.