NOTICE OF INTENT
Funds
tagged "CROWDFUND" will have an OPTION TO CONVERT
to
convertible bonds in 12 months (or less)
Dear Friends, Clients, Subscribers,
and Future Participants:
We are finally going PUBLIC with some
of the financing details I developed
while I was illegally detained during most of 2014 (1/28/2014 to
12/19/2014).
Some of you have already received
copies of the following "Parametric
Analysis".
Here is that preliminary "Parametric Analysis" which I
prepared on a typewriter
at U.S. BOP's facility in
Springfield, Missouri:
http://supremelaw.org/patents/IPO/monetizing/page01.gif
http://supremelaw.org/patents/IPO/monetizing/page02.gif
http://supremelaw.org/patents/IPO/monetizing/page03.gif
http://supremelaw.org/patents/IPO/monetizing/page04.gif
http://supremelaw.org/patents/IPO/monetizing/page05.gif
Here's one of the main Accounts
Receivable (“A/R”) from
both successors in the interests of AOL Time Warner, Inc.:
http://supremelaw.org/copyrite/aol.com/ucc1/Form.UCC1.Filed.1.gif
(this debt
is earning 7% simple interest APR, no compounding)
There are 20 more "majors"
-- all now ripe for 20 more
UCC FINANCING STATEMENTS (aka
“UCC-1”):
http://supremelaw.org/copyrite/20.majors.htm
Here is the list of Accounts Receivable by the Estate of
Paul Andrew Mitchell:
http://supremelaw.org/patents/IPO/monetizing/SECURITY.htm
In the spirit of forgiveness, the
essence of our "monetizing" proposal is
to FORGIVE major portions of all such debts, in exchange
for an equivalent
amount of "convertible bonds" also known as the "private
bond portfolio".
At some future date, hopefully
within 12 months, each convertible bond
will come with a contract right to convert each bond to publicly
traded stock,
at some pre-defined conversion ratio (e.g. the above Parametric Analysis asumes
a 1-to-1 conversion ratio). That ratio may be larger e.g. 1-to-2 (bond-to-stock),
1-to-3, etc. depending on what
investment banking experts recommend, and approve.
Here are more of the proposal
details which I wrote up this morning (4/12/2015)
for 2 other current SupremeLaw
subscribers. Please maintain a spirit of
flexibility,
because some of these details will probably change:
(1)
supporters, contributors and participants
should TAG their funds
with this KEYWORD:
"CROWDFUND";
(2) we will maintain a LOG of all such
TAGGED funds, for audit purposes,
and archive same in a secure section of the Supreme Law Library;
(3) all TAGGED
funds will be classified as ZERO INTEREST LOANS
initially, with a formal OPTION TO CONVERT to convertible bonds
during the following 12 months, or BE REPAID in no less than 12
months;
(4)
we can't say today exactly when those
convertible bonds can be
converted to stock shares, but the OPTION TO CONVERT loan amounts
will be available at any time during the 12 months after each LOAN date.
The INVOICE “template” is here in
the Supreme Law Library:
http://www.supremelaw.org/patents/IPO/monetizing/INVOICE.txt
(5) the speed with
which we implement convertible bonds
will depend upon the rate at which funds are received,
because financial experts will need to be hired, and paid
e.g. BRICS / Bank of China in Hong Kong (they still speak
English
in Hong Kong :)
(6) we'll also utilize the SupremeLaw
discussion list
to report regular progress with this convertible bond program,
so participants are encouraged to subscribe to SupremeLaw, ideally
with a separate email address which they dedicate to that
discussion list:
http://supremelaw.org/egroups/subscribe.htm
(7)
last time we looked, we won't need SEC
registration as long as
the quantity of Crowd Funds stays below $1 Million per year;
there may be some SEC "Form" we need to fill out (more
on that later);
(8)
IMMEDIATE GOAL is a NET BALANCE of $24,000
(12 months of living expenses at $2,000 per month):
that will cover a modern 1BR or 2BR apartment in Seattle,
plus all extras (Internet, electricity, small food budget etc.)
Sincerely yours,
/s/ Paul Andrew Mitchell, B.A., M.S.
Private Attorney General, 18 U.S.C. 1964
http://www.supremelaw.org/decs/agency/private.attorney.general.htm
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