You left a few things out of your quote and the in

You left a few things out of your quote and the information you left out is important. Here is the complete information:

On February 1, 2017, Issued Mike Steele, unrelated and non-affiliated investor, 8,078,963 shares of restricted common
stock containing the restrictive legends as part of a conversion of a convertible debenture from a cash investment, used to
reduce debt and increase the company's cash position by the same amount covered in a convertible note.
All of the above shares of the Common Stock of the Company (“Common Stock”) were issued to the above in reliance
upon the exemption from the registration requirements under the Securities Act of 1933, as amended (“1933 Act”),
afforded by section 4(2) and 3(a) and (b) as promulgated by the Securities and Exchange Commission (“SEC”) under the
Act. The Common Stock issued are considered restricted securities as defined under the 1933 Act and as such, cannot
be resold with registration under the Securities Act or an appropriate exemption thereto. The Common Stock contains the
following restrictive legend:
“The shares represented by this certificate have been acquired for Investment and have not been registered under the
Securities Act of 1933. The shares may not be sold or transferred in the absence of such registration or an exemption
therefrom under said Act.”


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