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Published on 3/29/2006 in the Prospect News PIPE Daily.

FemOne changes conversion price on $1.5 million convertibles issued in 2005

By Sheri Kasprzak

New York, March 29 - FemOne, Inc. said it amended the conversion price on $1.5 million of secured convertible notes issued on June 30, 2005.

The notes, held by AJW Partners, LLC; AJW Offshore, Ltd., AJW Qualified Partners, LLC and New Millennium Capital Partners II, LLC, will now be convertible into shares at the lesser of $0.40 and 40% of the three lowest intraday trading prices for the 20 trading days before conversion.

The conversion price was initially the lesser of the three lowest intraday trading prices for the 20 trading days before conversion or $0.40.

Based in Carlsbad, Calif., FemOne is a marketing company.

The company's stock remained unchanged at $0.04 (OTCBB: FEMO).


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