TO:

The Maker of a PROMISSORY NOTE (1) express agrees to pay the note according to its terms, (2) admits the existence of the payee and (3) warrants that the payee is competent to transfer the instrument by endorsement.

PAY TO THE ORDER OF: NDUGU ENTERPRISES, INC. $5,950,000
Bernard L. Smith - ALLY BANK CD ACCT.# 3023653326
FIVE MILLION-NINE HUNDRED FIFTY THOUSAND DOLLARS
MAKER: NDUGU ENTERPRISES, INC.

The credit line/loan we request can have an Interest Rate of: 13.99% SECURED

UCC # 10-7230473188 - Transmitting Utility
Life of Credit/Loan: 15 Years or REVOLVING

First Annual payment: Payment of $339,120.25 due ONE YEAR after note is endorsed. Or when credit is available.

Loan/Credit paid in full on or before: January 1st, 2026.

CAPITAL INVESTMENTS
NDUGU ENTERPRISES, INC. will immediately purchase/lease office space for an HEADQUARTERS where it can continue to issue stock by way of an IPO: INITIAL PUBLIC OFFERING. NDUGU, INC. have 118 businesses ready for operations, with 1,850,000 jobs.

INVESTMENT EXPENSES
NDUGU ENTERPRISES, INC. will purchase $1.4 MILLION DOLLARS of its stock. It will also purchase stocks/CD from thirty (30) banks, investment firms, and private equity firms to build revenue and financial stability.

ENTERPRISE AMBASSADORS:
Our intentions are to hire 75 college students after graduation, or those soon to graduate in accounting, management, food, medicine, engineering, telecommunications, stocks/brokerage, attorney, health care insurance coordinator, marketing, language, and more. @ $35,000-Annually (to start).

COLLATERAL/SECURED $17.00 Per Share Stock
NDUGU ENTERPRISES, INC. will offer you 350,000 shares of stock as collateral for this sum of money NDUGU, INC promises to pay at a later date.

Mr Bernard L. Smith
CHIEF INVESTMENT OFFICER
NDUGU ENTERPRISES, INC.
http://betweenthebars.org/blogs/1479

My mailing address is:
Bernard L. Smith @ MAIL.COM
P.O. BOX 799003
SAN DIEGO, CA 92179

[copy of Certified Promissory Note]