يا جماعه ضروري المساعده .... هل هذا الخبر سئ أم جيد و هل له تأثير على السهم .RCO... ضروري المساعده و لكم جزيل الشكر 7-Dec-2004 Sale of Equity Item 3.02 Unregistered Sales of Equity Securities On December 2, 2004, the registrant issued to certain investors convertible promissory notes in the aggregate principal amount of $400,000 bearing interest at the rate of six percent (6.0%) per annum, due March 1, 2005. In connection with the note financing, the registrant issued a convertible promissory note in the principal amount of $52,000 to an entity as an advisory fee on the same terms and conditions as the investors. One hundred and twenty percent (120%) of the outstanding principal amount of the notes shall be automatically convertible into other securities of the registrant which may be issued by the registrant in any subsequent transaction with gross proceeds to the registrant of a minimum of $1,000,000. Interest on the notes is payable in cash or securities issued in a subsequent transaction. The registrant shall also issue to the investors an aggregate of 480,000 shares of the registrant's common stock and the advisor shall receive 48,000 shares of the registrant's common stock. The sale of notes was made to "accredited investors", as that term is defined under Rule 501 under Regulation D of the Securities Act of 1933, as amended, pursuant to the exemption from registration requirements under Rule 506 and Section 4(2) of the Securities Act. The registrant is obligated to register for resale the securities issuable upon conversion of the notes and the shares of common stock issuable to the investors on its next registration statement filed with the Securities and Exchange Commission.