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The First nine months of this year they added a total of 34 million shares and most were added at a much higher price. This last quarter they filed they added no shares at all and that leaves only 34 million shares ever sold below or at the pennies mark. Most of the down volume this year has been on light shares and it is ready to race back up to at the least .005 this first quarter. Company has not set a precedent of selling many shares and there are no filings suggesting any shares are really ready for sales. I think most of the large owners will not do anything but buy shares from here back to the penny. I have the shares listed below now and I also have the insiders shares on the last ten-k report. It is close to what they have on the market and chart suggest they are much higher then a penny now for those shares. It is just a matter of time we are back in the penny this new year and this next week we should test the .003 with a .0025 break in the picture. There are over 51% or over 600 million shares owned by directors. When they did the reverse merger at the higher price they sold 232 million shares to the market and investors in 2011. They then added the 500 million shares also for the reverse for the new company. I figure there are another 200 million shares tied up with the large buyers and I look for there only to be 30 to 40 million shares sold below the penny now. Also note the Sysco has some shares and a contract to sell the service to there chain. Huge Re-seller there with Sysco Icare selling to restaurants bars and other customers. They have a huge distribution across the whole US and will roll it out as the company can grow. Below is the break down report of total shares and below that is the weekly chart for the year. As of September 30, 2012, there were 1,202,889,520 shares of the Registrant's Common Stock outstanding.
On April 1, 2011, the Company entered into an agreement with iCare Marketing, Inc. (“iCare), a wholly owned subsidiary of Sysco Corporation (“Sysco”), whereby iCare will promote the Company’s product to Sysco’s customers. Under the agreement, the Company is committed to pay 5% of the gross revenues received from any Sysco customer, an integration fee, $250 per trade show event attended by the Company and an amount to be determined for additional promotions and marketing programs. The Company paid $50,000 of the integration fee in cash and the balance by issuing 15,861,372 shares of common stock which were valued at $22,205, using a price per share of $.0014, , which is the price per share applicable to the October 2011 issuances described in Note 5, above.. The integration fee has been recorded at $72,205 and is being amortized over the four-year life of the agreement. $16,765 has been recorded for amortization of the agreement during the year ended December 31, 2011.
As of September 30, 2012, there were 1,202,889,520 shares of the Registrant's Common Stock outstanding.
|
Name and Address
of Beneficial Owner
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Nature and Amount
of Beneficial Ownership
of Common Stock
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Percentage of Ownership 1
|
| |
|
|
|
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Mark E. Astrom 2
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5,000
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0%
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Christopher Carey
|
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143,327,787
|
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12.26%
|
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Christopher Carey, Jr.
|
|
160,527,121 3
|
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13.74%
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Mary Weaver Carey
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|
315,321,131 4
|
|
26.98%
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Blazej Kesy
|
|
143,327,787
|
|
12.26%
|
|
All directors and executive
officers as a group (3 persons)
|
|
601,981,705
|
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51.50%
|
1 0k report this last year. and we are nine m onths reported above
EYES ON THE GO, INC. STATEMENT OF STOCKHOLDERS’ DEFICIENCY
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Additional
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COMMON STOCK
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Paid-In
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Subscription
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Accumulated
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Shares
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Amount
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Capital
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Receivable
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Deficit
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Total
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BALANCE – August 26, 2010 (Inception)
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-
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$
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-
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$
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-
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$
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-
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$
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-
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$
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-
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Common stock issued to founders
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360,000,000
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360
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