STL Marketing Group, Inc. STLK
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Website: http://www.stlmarketinggroup.com
Phone: (719) 219-5797 Email: info@v3rsant.com
Had a reverse split of shares of our common stock at a 1-for-15 ratio. The reverse split became effective in March 2015.
A/S 2,600,000,000 a/o Apr 24, 2015
O/S 187,287,640 a/o Apr 24, 2015
April 15, 2015, the registrant had 145,697,286
59,763,616 Shares Issued and Outstanding at December 31, 2014
Holders
As of April 15, 2015, we have 145,697,286 shares of our common stock par value, $0.001, issued and outstanding. There are approximately 195 holders of our common stock.
NOTES on p32 of 10Q
Item 13. Certain Relationships and Related Transactions, and Director Independence.
Our Director, Mr. Ing. Pedro P. Quiros is the father of our Chief Executive Officer, Mr. Jose P. Quiros.
The Company incurred consulting expenses to a company, which is owned by Pedro P. Quiros, a board member, and for the fiscal year ended December 31, 2014 amount was $82,500. These consulting expenses correlate to the setup of the wind farm operation in Costa Rica.
The Company executed various promissory notes to related parties since inception. New notes were issued for the year ending December 31, 2014.
The notes had the following range of terms:
? Maturing in 3 months to 1 year;
? Non-interest bearing
? Unsecured
? Default interest rate at 6%, per annum;
During the year ended December 31, 2014 and December 31, 2013, the Company repaid $34,071 and $2,925, respectively leaving a balance of $42,751 and $73,949 respectively.
The Company is currently in default on $39,877 of these notes.
The Company has not had and does not currently have any promoters.
In November 2010, Pedro P. Quiros loaned the Company $20,000. This note has an interest rate of 6% and is in default. Accrued interest is $3,600 as of December 31, 2014. No payments to interest or principle have been made against this note.
In March 2012, Pedro P. Quiros loaned the Company $10,000. This note has an interest rate of 6% and is in default. Accrued interest is $1,350 as of December 31, 2014. No payments to interest or principle have been made against this note.
In July 2012, Pedro P. Quiros loaned the Company $9,878. This note has an interest rate of 6% and is in default. Accrued interest is $1,185 as of December 31, 2014. No payments to interest or principle have been made against this note.
In December 31, 2014, Pedro P. Quiros loaned the Company $2,873. This note has an interest rate of 6%, beginning in 2015.. No payments to interest or principle have been made against this note.
p F-15
In October 2010, a third party loaned the Company $50,000 under a demand note bearing zero interest. This note is in default.
In March 2011, third parties loaned the Company $11,500 under demand notes bearing interest from 8-10% per year. The notes were acquired in the merger and are in default. A payment of $1,500 was made as of June 2014, leaving a balance of $10,000 as of December 31, 2014.
p F-16
In August 2012, the Company executed a consulting agreement with a third party to provide various services. Under the terms of the agreement, the consultant would be paid $10,000 per month for six months in the form of free trading shares. The share total is computed as follows:
? Earned compensation will accrue interest at 6%; and
? Accrued compensation will be convertible into 70% of the average of the lowest three closing bid prices of the 20 days preceding any conversion
At December 31, 2014, the fully recorded amount of $60,000 remains outstanding and available to be converted. This liability was acquired in the merger.
In January of 2014, the Company executed a three-month consulting agreement with a third party to provide strategic planning matters. The consultant would be paid $15,000 per month for three months in the form of restricted common stock, using the average of the last five trading days of the month. As of December 31, 2014 the last remaining months balance of $15,000 has yet to be issued. There is no interest under this agreement.
In February of 2014, the Company engaged Lucosky Brookman LLP as its counsel. According to the contract, a portion of the fees from Lucosky Brookman would be paid in restricted common shares. As of December 31, 2014 the Company has fees in the amount of $39,500, which is available to be converted.
MORE on p F17-18
Phone: (719) 219-5797 Email: info@v3rsant.com
Had a reverse split of shares of our common stock at a 1-for-15 ratio. The reverse split became effective in March 2015.
A/S 2,600,000,000 a/o Apr 24, 2015
O/S 187,287,640 a/o Apr 24, 2015
April 15, 2015, the registrant had 145,697,286
59,763,616 Shares Issued and Outstanding at December 31, 2014
Holders
As of April 15, 2015, we have 145,697,286 shares of our common stock par value, $0.001, issued and outstanding. There are approximately 195 holders of our common stock.
NOTES on p32 of 10Q
Item 13. Certain Relationships and Related Transactions, and Director Independence.
Our Director, Mr. Ing. Pedro P. Quiros is the father of our Chief Executive Officer, Mr. Jose P. Quiros.
The Company incurred consulting expenses to a company, which is owned by Pedro P. Quiros, a board member, and for the fiscal year ended December 31, 2014 amount was $82,500. These consulting expenses correlate to the setup of the wind farm operation in Costa Rica.
The Company executed various promissory notes to related parties since inception. New notes were issued for the year ending December 31, 2014.
The notes had the following range of terms:
? Maturing in 3 months to 1 year;
? Non-interest bearing
? Unsecured
? Default interest rate at 6%, per annum;
During the year ended December 31, 2014 and December 31, 2013, the Company repaid $34,071 and $2,925, respectively leaving a balance of $42,751 and $73,949 respectively.
The Company is currently in default on $39,877 of these notes.
The Company has not had and does not currently have any promoters.
In November 2010, Pedro P. Quiros loaned the Company $20,000. This note has an interest rate of 6% and is in default. Accrued interest is $3,600 as of December 31, 2014. No payments to interest or principle have been made against this note.
In March 2012, Pedro P. Quiros loaned the Company $10,000. This note has an interest rate of 6% and is in default. Accrued interest is $1,350 as of December 31, 2014. No payments to interest or principle have been made against this note.
In July 2012, Pedro P. Quiros loaned the Company $9,878. This note has an interest rate of 6% and is in default. Accrued interest is $1,185 as of December 31, 2014. No payments to interest or principle have been made against this note.
In December 31, 2014, Pedro P. Quiros loaned the Company $2,873. This note has an interest rate of 6%, beginning in 2015.. No payments to interest or principle have been made against this note.
p F-15
In October 2010, a third party loaned the Company $50,000 under a demand note bearing zero interest. This note is in default.
In March 2011, third parties loaned the Company $11,500 under demand notes bearing interest from 8-10% per year. The notes were acquired in the merger and are in default. A payment of $1,500 was made as of June 2014, leaving a balance of $10,000 as of December 31, 2014.
p F-16
In August 2012, the Company executed a consulting agreement with a third party to provide various services. Under the terms of the agreement, the consultant would be paid $10,000 per month for six months in the form of free trading shares. The share total is computed as follows:
? Earned compensation will accrue interest at 6%; and
? Accrued compensation will be convertible into 70% of the average of the lowest three closing bid prices of the 20 days preceding any conversion
At December 31, 2014, the fully recorded amount of $60,000 remains outstanding and available to be converted. This liability was acquired in the merger.
In January of 2014, the Company executed a three-month consulting agreement with a third party to provide strategic planning matters. The consultant would be paid $15,000 per month for three months in the form of restricted common stock, using the average of the last five trading days of the month. As of December 31, 2014 the last remaining months balance of $15,000 has yet to be issued. There is no interest under this agreement.
In February of 2014, the Company engaged Lucosky Brookman LLP as its counsel. According to the contract, a portion of the fees from Lucosky Brookman would be paid in restricted common shares. As of December 31, 2014 the Company has fees in the amount of $39,500, which is available to be converted.
MORE on p F17-18
STL Marketing Group, Inc. (OTCMRKTS: STLK) Stock Message Board
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| 7 | $ | doobins | 06/26/2013 9:00:40 AM |
| 6 | $STLK Announces Costa Rica's Salsa Tecera de la | doobins | 06/25/2013 9:37:42 AM |
| 5 | Announces that the Board of Directors of EPR has | doobins | 06/23/2013 5:46:59 PM |
| 4 | Company Info & | doobins | 06/22/2013 7:08:54 PM |
| 3 | STLK Chart 06/20/2013 ~ Solid | doobins | 06/22/2013 7:07:23 PM |
| 2 | STL Marketing Group, Inc. (OTC: STLK) Announces | doobins | 06/22/2013 6:26:06 PM |
| 1 | Thursday, June 13 STLK Financials | doobins | 06/22/2013 6:24:14 PM |