Posted On: 12/16/2015 12:16:31 PM
Post# of 99197
big boyz liking CHIT too 8.45mil slap, last few .0002s why Im in CHIT .0002s The Warrants were issued pursuant to that certain Settlement and Release Agreement, and Series B Subscription Agreement (collectively, the “Agreements”) for the conversion of debt held on the books and records of the Company in the aggregate amount of $507,806.96. On October 14, 2015 the Company declared a dividend of 1 Series B Preferred share per 100,000 shares of common stock to the owners of record as of the close of business on October 14, 2015.
On October 27, 2015 $15,000 of affiliate debt was converted into 300,000,000 restricted shares of the company’s common stock.
On November 9, 2015 $90,000 of affiliate debt was converted into 1,800,000,000 restricted shares of the company’s common stock.
On December 10, 2015 $507,806.96 of the company’s debt was converted into Series B Preferred Stock at a price of $2.50.
On October 27, 2015 $15,000 of affiliate debt was converted into 300,000,000 restricted shares of the company’s common stock.
On November 9, 2015 $90,000 of affiliate debt was converted into 1,800,000,000 restricted shares of the company’s common stock.
On December 10, 2015 $507,806.96 of the company’s debt was converted into Series B Preferred Stock at a price of $2.50.
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