Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Kenergy Scientific, Inc.Financial_Report.xls
10-Q - Kenergy Scientific, Inc.knsc10q930.htm
EX-10.3 - SECURITIES TRANSFER AGREEMENT - Kenergy Scientific, Inc.ex103.htm
EX-10.4 - PROMISSORY NOTE - Kenergy Scientific, Inc.ex104.htm
EX-10.6 - SEPTEMBER 28, 2012 - Kenergy Scientific, Inc.ex106.htm
EX-10.2 - PROMISSORY NOTE - Kenergy Scientific, Inc.ex102.htm
EX-10.5 - SEPTEMBER 28, 2012 - Kenergy Scientific, Inc.ex105.htm

 Exhibit 10.1

PROMISSORY NOTE

 

July 22, 2012 $ 25,000.00

 

 

Whereas Fred Erxleben (“Lender”), having an address of 2 Bay Harbor Blvd. Brick, New Jersey 08732, has loaned $ 25,000.00 to Kenergy Scientific, Inc., formerly SpeechSwitch, Inc. (“Borrower”), a New Jersey corporation, having an address of 6 Minneakoning Rd., Flemington, NJ 08822 on this 2nd day of August, 2012, receipt of which is acknowledged;

 

Now, Therefore, the parties agree as follows:

 

Borrower shall pay Lender the full sum of $ 25,000.00, plus 10 % per annum interest on or before January 25, 2013. In the event that Borrower fails to make payment in full on that date, then this Note shall automatically become a default instrument and Lender may take whatever action he may elect to recover his loss, including legal action, with continuing accrual of 7 % per annum interest, and attorney’s fees.

Date: July 22, 2012 Kenergy Scientific, Inc.
  By: /s/ Kenneth Glynn
  Kenneth Glynn
Chief Executive Officer and Chief Financial Officer