can someone spin this positively? Equity Author
Post# of 39368
Posted On: 06/27/2013 8:34:43 PM
can someone spin this positively?
Equity Authorization
On January 14, 2013, the Company increased its authorized shares of common stock from 950,000,000 shares to 1.25 Billion shares.
Stock Issuances
On February 1, 2013, the Company issued 2,500,000 shares of common stock to eliminate a debt of $50,000 from a private lender. The shares were valued at $38,750.
Also, on February 1, 2013, the Company issued 3,906,250 shares of its common stock to convert $25,000 owed on a note payable.
On February 4, 2013, the Company issued 62,600,847 shares of its common stock to a related entity controlled by Andrew Reid to eliminate a debt of $329,000 to the related entity. The shares were valued at $970,313.
On February 13, 2013, the Company issued 60,486,530 shares of its common stock for $767,243 of cash investments by various investors.
Also, on February 13, 2013, the Company issued 3,846,154 shares of its common stock to convert $25,000 owed on a note payable.
On February 19, 2013, the Company issued 30,179,000 shares of its common stock for $277,359 of cash payments and advances from investors.
On February 21, 2013, the Company issued 13,074,324 shares of its common stock valued at $173,889 for services rendered by a consultant .
On February 22, 2013, the Company issued 2,500,000 shares of its common stock valued at $33,750 for services rendered by a consultant .
Also, on February 22, 2013, the Company issued 400,000 shares of its common stock valued at $5,400 for legal services rendered.
On February 25, 2013, the Company issued 4,098,360 shares of its common stock to convert $25,000 owed on a note payable.
On February 26, 2013, the Company issued 3,500,000 shares of its common stock valued at $47,250 for services rendered by a consultant .
On February 27, 2013, the Company issued 19,235,174 shares of its common stock valued at $255,828 for services rendered by a consultant .
On February 28, 2013, the Company issued 1,000,000 shares of its common stock valued at $12,000 for services rendered by a consultant .
On March 4, 2013, the Company issued 26,750,000 shares of its common stock for $268,500 of cash payments.
Also, on March 4, 2013, the Company issued 4,000,000 shares of its common stock valued at $40,000 for services rendered by a consultant .
Also, on March 4, 2013, the Company issued 1,000,000 shares of its common stock valued at $10,000 to a lender as a late payment.
On March 5, 2013, the Company issued 4,000,000 shares of its common stock valued at $392,000 for services rendered by a consultant .
On March 6, 2013, the Company issued 5,000,000 shares of its common stock to convert $25,000 owed on a note payable.
On March 11, 2013, the Company issued 36,142,856 shares of its common stock for cash payments of $295,000.
On March 15, 2013, the Company issued 3,400,000 shares of its common stock valued at $40,460 for services rendered by a consultant .
Also, on March 15, 2013, the Company issued 2,840,909 shares of its common stock to convert $12,500 owed on a note payable.
On April 1, 2013, the Company issued 3,253,012 shares of its common stock to convert $12,500 owed on a note payable.
On April 3, 2013, the Company issued 90,000 shares of its common stock to correct for an under-issuance to one investor during 2012.
On April 15, 2013, the Company issued 5,571,428 shares of its common stock for cash payments of $38,000.
Also, on April 15, 2013 the Company issued 3,300,000 shares of its common stock valued at $33,000 for services rendered by a consultant .
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