Conversion Notice under Convertible Promissory Note between NaturalNano, Inc. and Marlin Capital Investments LLC
This document is a notice from Marlin Capital Investments LLC to NaturalNano, Inc., stating that Marlin Capital is converting $10,000 of a $150,000 convertible promissory note into 200,000 shares of NaturalNano's common stock at a price of $0.05 per share. The notice specifies the date of conversion, the amount being converted, and the remaining balance on the note. It also provides instructions for transferring the shares to Marlin Capital's brokerage account.
Exhibit 10.1
EXHIBIT A
| Date: | 10/21/15 |
| NATUALNRANO, INC. | |
| Attn: |
CONVERSION NOTICE
The above-captioned Holder hereby gives notice to NaturalNano, Inc., a Nevada corporation (the “Company”), pursuant to that certain Convertible Promissory Note made by the Company in favor of the Holder in the principal amount of $150,000 by the Company (the “Note”); that the Holder elects to convert the portion of the Note balance set forth below into fully paid and non-assessable shares of Common Stock of the Company as of the date of conversion specified below.
| A. | Date of conversion: | 10/21/15 | |
| B. | Conversion #: | ||
| C. | Conversion Amount: | $10,000 | |
| D. | Conversion Price: | $0.05 | |
| E. | Conversion Shares: | 200,000 | |
| F. | Remaining Note Balance: | $215,500 |
Please transfer the Conversion Shares to the undersigned at:
| Address: | ||
| Marlin Capital Investments LLC | ||
| 555 S. Federal Hwy # 450 | ||
| Boca Raton, FL 33432 |
| Sincerely, | ||
| By: | /s/ Barry Honig | |
| Name: | Barry Honig | |
DWAC Instructions:
Broker No: 0283
Account No: 11547350
