Attached files
| file | filename |
|---|---|
| 8-K/A - FORM 8-K/A - MPHASE TECHNOLOGIES, INC. | d8ka.htm |
| EX-99.2 - EXHIBIT 99.2 - MPHASE TECHNOLOGIES, INC. | exhibit99-2.htm |
| EX-99.3 - EXHIBIT 99.3 - MPHASE TECHNOLOGIES, INC. | exhibit99-3.htm |
| EX-99.4 - EXHIBIT 99.4 - MPHASE TECHNOLOGIES, INC. | exhibit99-4.htm |
Exhibit 99.1
AMENDMENT
DECEMBER 31, 2008
CONVERTIBLE PROMISSORY NOTE
$350,000 PLUS INTEREST DUE & PAYABLE
DOCUMENT A-03252008
The Convertible Promissory Note by and between MPhase Technologies, Inc. and JMJ Financial, duly executed on or about March 25, 2007, is hereby amended as follows:
The Conversion Price percentage is changed from "75% (seventy-five percent) of the lowest trade price in the 20 trading days previous to the conversion" to "70% (seventy percent) of the lowest trade price in the 20 trading days previous to the conversion."
The effective date of this amendment is December 31, 2008.
ALL OTHER TERMS AND CONDITIONS OF THE ORIGINAL CONVERTIBLE PROMISSORY NOTE DOCUMENT A-03252008 REMAIN IN FULL FORCE AND EFFECT.
Please indicate acceptance and approval of this amendment by signing below:
| /s/ Ronald Durando | /s/ JMJ Financial / Justin Keener |
| Ronald Durando | JMJ Financial / Its Principal |
| President & CEO | |
| MPhase Technologies, Inc. | |
| Dated: December 31, 2008 | |
| /s/ Martin Smiley | |
| Martin Smiley | |
| CFO & General Counsel | |
| MPhase Technologies, Inc. | |
| Dated: December 31, 2008 | |