exhibit 10. 14 from : sapinda asia limited. to the attention of the board of directors of securealert, inc. and to mr. chad olsen, cfo dated : 24 september 2013 notice of conversion gentlemen, we hereby are giving an official and formal notice that sapinda asia limited, incorporated and registered in the british virgin island with company number 1601 693 whose mailing address is at room 803 - 4, 8 / f., hang seng wanchai building, 200 hennessy road wanchai, hong kong, and the registered address at omc chambers, wickhams cay i, road town, tortola, british virgin islands, herewith converts all of its claims for payments of principal amounts and of accrued and unpaid interest under the loan and security agreement between secu realert inc and sapinda asia limited dated 3 december 2012 ( the " lsa " ). we refer to the clause i. 4 under which the lender shall have the right to convert outstanding principal, accrued and un paid interest and fees under the notes at a rate equal to two and a quarter cents per share prior to the reverse split ( " pre - split conversion price " ). we refer to a reverse 200 : 1 stock split which took place on 26 march 2013, which ca used the conversion rate to be subsequently adjusted to u $ d 4. 50 per share ( " post - split conversion price " ) according to the language of the lsa, the principal amount under the lsa is u $ d 16, 640, 000. however, according to the records sapinda asia, a total amount of u $ d 16, 700, 000 has actually been funded under the lsa. the excess funding amount is u $ d 60, 000. sapinda asia will defer to the decision of your board of directors of securealert to decide whether the excess funding amount of u $ d 60, 000 shall also be conve1tible into common shares. should you decline to convert the excess funding amount, we would kindly ask you to return the u $ d 60, 000 to our bank account, of which separate instructions shall be provided. in accordance with the lsa, sapinda asia also converts all of its interest claims under the lsa. according to the records of sapinda asia, the total interest claims as of the close of business on monday, 23 september 2013, amount to u $ d 914,