Posted On: 04/04/2016 12:54:42 PM
Post# of 96897
Re: Krisandtilly #56647
Here is what it says in the filing...
To me, it just means that they left something out of the "Issuance History" for the filing in December of 2013 and now they are supplementing (adding) to that report.
Again, this could mean really good news, but it does not mean that they have eliminated any old debt. At least, thats how I read it.
Quote:
SUPPLEMENTAL FILING DISCLOSURE
DECEMBER 31, 2013
QUARTERLY INFORMATION AND DISCLOSURE STATEMENT
The information contained in Item 4 - Issuance History is supplemented as follows:
"On December 31, 2013, NanoTech Entertainment, Inc. entered into a zero percent (0%)
Convertible Promissory Note, convertible at Par Value of $0.001, with David R. Foley for
Fifty-Two Thousand Five-Hundred ($52,500) dollars. Execution and payment of this note
will eliminate the accrued salary held by Foley for unpaid wages for the period ending
December 31, 2013, due under employment contract with Foley."
To me, it just means that they left something out of the "Issuance History" for the filing in December of 2013 and now they are supplementing (adding) to that report.
Again, this could mean really good news, but it does not mean that they have eliminated any old debt. At least, thats how I read it.
(1)
(0)
