EXHIBIT 4.3
CONVERTIBLE PROMISSORY NOTE
$25,000.00 December 5, 2000 Lake Mary, Florida
FOR VALUE RECEIVED, Bio-One Corporation a Nevada Corporation with its
principal place of business located at Lake Mary, Florida (herein referred to as
"Maker"), promises to pay to the order of Margaret Schrock, her heirs,
executors, administrators, successors, and assigns (hereinafter referred to as
"Holder"), the principal sum of twenty-five Thousand Dollars ($25,000.00)
together with interest on the unpaid principal balance at the interest rate of
twelve percent (12%) per annum. The accrued interest and principle shall be due
and payable in full on the fifth (5th) day of June, 2001.
This Note shall be payable at 31425 Anderson Drive, Tavares, FL 32778-3540 or
such other place or places as the Holder may, from time to time, designate in
writing. Maker has the privilege of payment of all or any part of the unpaid
balance of the principal and accrued interest at any time without penalty or
premium.
For a period of four consecutive months from the first day that Bio-One
Corporation becomes a public Company with publicly traded stock the Holder has
the warrant option to convert any portion of this unpaid note into stock within
ten (10) days of notice to the Maker. In the event that the Holder elects this
option, then the Maker shall issue shares of stock sufficient to represent one
share per twenty-five (25) cents of investment, or shares representing a fifty
percent (50%) discount from the daily average of the first three weeks after the
stock begins trading publicly, whichever is lower.
By signature hereon, the undersigned certifies that this loan has been
made for the purpose of working capital.
IN WITNESS WHEREOF, Maker has caused this Note to be executed, sealed,
and the same to be delivered to Holder on its behalf, all as of the date and at
the place first stated above.
MAKER:
BIO-ONE CORPORATION
By: /s/ Armand Dauplaise
---------------------------(Seal)
Armand Dauplaise, President
