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Convertible Note Payable Principal Amount $ Date: 100,000 07/25/2007 FOR VALUE RECEIVED, world Interactive, Inc. (WIN.OB) hereby promises to pay to the order of: Ms. Tongan You Flat B, 22nd floor
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What is convertible note payable?
Convertible note payable is a debt instrument that can be converted into equity or ownership of the issuing company.
Who is required to file convertible note payable?
Any individual or entity that has issued or received a convertible note payable is required to file it.
How to fill out convertible note payable?
Convertible note payable can be filled out by providing details such as the principal amount, interest rate, conversion terms, and maturity date.
What is the purpose of convertible note payable?
The purpose of convertible note payable is to provide short-term financing to a company while offering the potential for equity ownership in the future.
What information must be reported on convertible note payable?
Information such as the principal amount, interest rate, conversion terms, maturity date, and relevant parties involved must be reported on convertible note payable.
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