170mil restricted shs for $4000 + alleged cash adv
Post# of 36729
Posted On: 11/20/2013 11:32:59 PM
170mil restricted shs for $4000 + alleged cash advances. Otherwise, they go to court. But they worked hard for the money.
"Crystal Falls and Lotus Investments are not employees or consultants of the Company, have not provided and will not provide any services to the Company, and have not provided anything of reliably measurable value for the issuance of the shares on a quarterly basis in the future, other than the settlement of threatened litigation over their alleged claims."
"In June 2013, the Company entered into a settlement agreement with Crystal Falls Investments, LLC, and Lotus Capital Investments, LLC to resolve claimed cash advances to the Company allegedly made by Crystal Falls Investments, LLC between October, 2010 and April 2013, inclusive, a portion of which claims apparently had been previously assigned by Crystal Falls to Lotus. Crystal Falls had paid outstanding invoices of two vendors of SK3 in the amounts of $2,324 and $1,680 in December 2010 and 2011, respectively, but those amounts were then incorporated into two promissory notes in the principal amounts of $2,324 and $1,680, due December 31, 2013..."
"Crystal Falls and Lotus Investments are not employees or consultants of the Company, have not provided and will not provide any services to the Company, and have not provided anything of reliably measurable value for the issuance of the shares on a quarterly basis in the future, other than the settlement of threatened litigation over their alleged claims."
"In June 2013, the Company entered into a settlement agreement with Crystal Falls Investments, LLC, and Lotus Capital Investments, LLC to resolve claimed cash advances to the Company allegedly made by Crystal Falls Investments, LLC between October, 2010 and April 2013, inclusive, a portion of which claims apparently had been previously assigned by Crystal Falls to Lotus. Crystal Falls had paid outstanding invoices of two vendors of SK3 in the amounts of $2,324 and $1,680 in December 2010 and 2011, respectively, but those amounts were then incorporated into two promissory notes in the principal amounts of $2,324 and $1,680, due December 31, 2013..."
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