Attached files

file filename
EX-32.2 - EXHIBIT 32.2 SECTION 906 CERTIFICATION - APT Systems Incf10k013114_ex32z2.htm
EX-32.1 - EXHIBIT 32.1 SECTION 906 CERTIFICATION - APT Systems Incf10k013114_ex32z1.htm
EX-31.1 - EXHIBIT 31.1 SECTION 302 CERTIFICATION - APT Systems Incf10k013114_ex31z1.htm
EXCEL - IDEA: XBRL DOCUMENT - APT Systems IncFinancial_Report.xls
10-K - FORM 10-K ANNUAL REPORT JANUARY 31, 2014 - APT Systems Incf10k013114_10k.htm
EX-31.2 - EXHIBIT 31.2 SECTION 302 CERTIFICATION - APT Systems Incf10k013114_ex31z2.htm

EXHIBIT 4.2


On January 8, 2014 the Company issued a convertible note, under an oral arrangement, to Donald K Meador PC in the aggregate amount of $50,000. This convertible note accrues interest at the rate of 19% per annum and is convertible only upon the Company issuing its equity securities in exchange for gross proceeds of $1,200,000, at a conversion price equal to 80% of the per share price paid by the purchasers in such transactions. The note was originally due and payable on May 7, 2014; however, the Company secured an extension of the convertible note payable to June 8, 2014. However, the conversion feature of the convertible note payable expired effective May 7, 2014 and was not extended.