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Posted On: 11/16/2017 4:50:54 PM
Post# of 107469
PDXP News- This CEO is getting things done!
On November 8, 2017 the Company received a Florida State court approval of a settlement and
stipulation (Case No. 2017 CA 5550) for the satisfaction Company debt in the amount of
$188,919.62 through the issuance of shares which will be exempt from SEC registration in
reliance upon Section 3 (a)(10) of the Securities Act based upon the Courts finding. The
agreement provides the shares will be issued at a 50% to the market price as defined in the
agreement, and the owner may not own more than 9.9% at the time of issuance. As part of that
agreement the Company initially reserved 208,000,000 of its shares with its stock transfer agent
as of November 8, 2017.
“This transaction is significant because it represents the last of the companies aged debt accrued
on our balance sheet since July 3, 2014.” Said CEO Patrick Johnson. “This enables us to
continue to build a strong company financially and fundamentally moving forward.” He
continued.
https://www.otcmarkets.com/stock/PDXP/news/PD...92&b=y
On November 8, 2017 the Company received a Florida State court approval of a settlement and
stipulation (Case No. 2017 CA 5550) for the satisfaction Company debt in the amount of
$188,919.62 through the issuance of shares which will be exempt from SEC registration in
reliance upon Section 3 (a)(10) of the Securities Act based upon the Courts finding. The
agreement provides the shares will be issued at a 50% to the market price as defined in the
agreement, and the owner may not own more than 9.9% at the time of issuance. As part of that
agreement the Company initially reserved 208,000,000 of its shares with its stock transfer agent
as of November 8, 2017.
“This transaction is significant because it represents the last of the companies aged debt accrued
on our balance sheet since July 3, 2014.” Said CEO Patrick Johnson. “This enables us to
continue to build a strong company financially and fundamentally moving forward.” He
continued.
https://www.otcmarkets.com/stock/PDXP/news/PD...92&b=y
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