Schedule of Advances and Equity Conversion between Lender and Beard Pinnacle, LLC (Exhibit A, Amended November 9, 2006)
This document is a corrected schedule listing a series of cash advances made to Beard Pinnacle, LLC between October 2005 and November 2006, totaling $10,545,000. On September 29, 2006, $2,800,000 of these advances were converted into equity in Beard Pinnacle, LLC. The schedule is part of an amended exhibit, effective November 9, 2006, and is signed to confirm its accuracy. It outlines the dates and amounts of each advance and the equity conversion.
Corrected
Exhibit A
Schedule of Advances
|
|
Date | Amount of Advance |
|
|
| October 7, 2005 | $ 400,000.00 |
|
|
| November 4, 2005 | 700,000.00 |
|
|
| January 24, 2006 | 250,000.00 |
|
|
| February 2, 2006 | 625,000.00 |
|
|
| February 8, 2006 | 750,000.00 |
|
|
| February 22, 2006 | 865,000.00 |
|
|
| March 8, 2006 | 1,015,000.00 |
|
|
| March 22, 2006 | 766,834.56 |
|
|
| March 23, 2006 | 123,165.44 |
|
|
| April 12, 2006 | 415,000.00 |
|
|
| May 4, 2006 | 940,000.00 |
|
|
| May 23, 2006 | 835,000.00 |
|
|
| June 21,2006 | 655,000.00 |
|
|
| July 3, 2006 | 660,000.00 |
|
|
| July 26, 2006 | 600,000.00 |
|
|
| August 14, 2006 | 675,000.00 |
|
|
| August 28, 2006 | 530,000.00 |
|
|
| September 29, 2006* | (2,800,000.00) |
|
|
| October 2, 2006 | 965,000.00 |
|
|
| October 4, 2006 | 129,000.00 |
|
|
| October 18, 2006 | 717,000.00 |
|
|
| November 9, 2006 | 729,000.00 |
|
|
| Total | $10,545,000.00 |
|
|
|
|
|
|
_________________
*To reflect the conversion of $2,800,000 of the previous advances to equity in Beard Pinnacle, LLC.
| (Exhibit A as amended effective November 9, 2006) | /s/HMJr |
|
| (Initials) |
