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EXHIBIT 99.6
NONCONVERTIBLE PROMISSORY NOTE
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$234,583.37
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Dated September 21, 2007
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FOR VALUE RECEIVED and in connection with
the Compensation Conversion Agreement by and between Susan Darby
Guillama, Vice President of The Quantum Group, Inc. (the “
Payee ”), and The Quantum Group, Inc., a Nevada
corporation (the “ Maker ”) dated September
21, 2007 (the “ Agreement ”), the Maker
hereby promises to pay to the Payee in lawful money of the
United States of America the principal sum of Two Hundred Thirty
Four Thousand Five Hundred Eighty Three Dollars and Thirty Seven
Cents ($234,583.37) together with interest thereon at the rate
of eight percent (8%) per annum on any unpaid balance, on the
terms set forth below.
Payment . The principal sum of this
Note shall be paid in twenty-four (24) equal monthly
installments of $9,774.31 each, with the first payment due and
payable on September 21, 2007, and a like amount due on
the same day of each month thereafter. Each monthly
installment of principal shall be accompanied by accrued
interest on the unpaid principal balance. Payments shall
continue until the full amount of this Note and accrued interest
have been fully paid. All payments shall be first applied to
accrued interest and the balance to principal.
Prepayment . The Maker reserves the right
to prepay this Note only in its entirety, at any time, without
prepayment penalty, by paying the entire outstanding principal
balance, all interest accrued on the principal through the date
of the prepayment, and any outstanding charges, fees or amounts
in default.
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