Notice of Conversion for VIASPACE Inc. Convertible Note (Kevin L. Schewe)
This document is a notice from Kevin L. Schewe, the holder of a convertible note issued by VIASPACE Inc., electing to convert $25,000 of principal and $127.40 of interest into 50,254,800 shares of VIASPACE Inc. common stock. The conversion is made at a price of $0.0005 per share, in accordance with the terms of the original note dated November 23, 2015. The notice is dated December 22, 2015.
Ex. 10.2
NOTICE OF CONVERSION
(To be executed by the Registered Holder in order to convert the Note)
The undersigned hereby elects to convert $25,000 of the principal and $127.40 of the interest due on the Note issued by VIASPACE Inc. on November 23, 2015 into Shares of Common Stock of VIASPACE Inc. (the “Borrower”) according to the conditions set forth in such Note, as of the date written below.
Date of Conversion: December 22, 2015
Conversion Price: $0.0005
Shares To Be Delivered: 50,254,800
Signature: /S/ KEVIN L. SCHEWE—
Print Name: Kevin L. Schewe—
Address: 400 Indiana St., Suite 220, Golden, CO 80401
