Rezolute, Inc. Annual report pursuant to section 13 and 15(d)

Annual report pursuant to section 13 and 15(d)

Convertible Notes Payable (Tables)

Convertible Notes Payable (Tables)

12 Months Ended

Jun. 30, 2013

Schedule Of Convertible Notes Outstanding [Table Text Block]

The convertible notes outstanding as of June 30, 2013 include:

2010 Notes (A)	$	562,500
2011 Notes (B)		645,000
2011 Notes (C)		1,700,000
2012 Notes (D)		825,000
Balance at June 30, 2013	$	3,732,500

The notes originated at various dates from April 2010 through January 2013 and mature at various dates from February 2012 to January 2014.

As of June 30, 2013, $2,157,500 of the convertible notes matured and payments were due, with an additional $750,000 of notes maturing prior to the report date. The convertible notes were not repayed and are accruing interest at a rate of 8% for the 2010 Notes that had matured and 12% for the 2011 Notes that had matured.

The convertible notes outstanding as of June 30, 2012 and December 31, 2011 include:

	2012
	Unpaid		Unamortized		Principal
	Principal		Discount		Net of Discount
2010 Notes (A)	$	562,500	$	(19,312)	$	543,188
2011 Notes (B)		645,000		-		645,000
2011 Notes (C)		950,000		-		950,000
Balance at June 30, 2012	$	2,157,500	$	(19,312)	$	2,138,188

	2011
	Unpaid		Unamortized		Principal
	Principal		Discount		Net of Discount
2010 Notes (A)	$	562,500	$	(96,728)	$	465,772
2011 Notes (B)		550,000		-		550,000
2011 Notes (C)		200,000		-		200,000
Balance at December 31, 2011	$	1,312,500	$	(96,728)	$	1,215,772