Did the 'alleged' mask find help raise over $360K during Q1? I know many lenders were pissed about the claims made about the Area 2 permit in 2014, which turned out to be false.
Deju vu?
Hmmm
Common Stock Issuances
During the three month period ended March 31, 2019, the Company issued the following shares of common stock:
We issued 346,066,667 common stock shares for total proceeds of $361,850.Average .00104
We issued 1,284,938 common stock shares for the conversion of $1,000 of convertible note principal and $28 of accrued interest for a total of $1,028 Average .0008
We issued 89,720,616 fully vested and non-forfeitable common stock shares for services provided by consultants, contractors, advisory members, board members, and other service providers (see Note 9). We determined the fair value of the shares issued using the stock price on date of issuance. Compensation expense is recognized as the services are provided to the Company. For the three-month period ended March 31, 2019, we incurred $106,782 of compensation expense for stock issued for services and have a prepaid expenses of $81,611 at March 31, 2019 for stock issued prior to services being performed.
We issued 5,000,000 common stock shares to one of our convertible note payable lenders as a penalty for failure to repay the convertible note when due. The value of these shares was determined to be $7,500 based on the market price of the stock on date issued in accordance with the convertible note payable agreement.
Tales, you just can't carry Kyle's water.
Deju vu?
Hmmm
Common Stock Issuances
During the three month period ended March 31, 2019, the Company issued the following shares of common stock:
We issued 346,066,667 common stock shares for total proceeds of $361,850.Average .00104
We issued 1,284,938 common stock shares for the conversion of $1,000 of convertible note principal and $28 of accrued interest for a total of $1,028 Average .0008
We issued 89,720,616 fully vested and non-forfeitable common stock shares for services provided by consultants, contractors, advisory members, board members, and other service providers (see Note 9). We determined the fair value of the shares issued using the stock price on date of issuance. Compensation expense is recognized as the services are provided to the Company. For the three-month period ended March 31, 2019, we incurred $106,782 of compensation expense for stock issued for services and have a prepaid expenses of $81,611 at March 31, 2019 for stock issued prior to services being performed.
We issued 5,000,000 common stock shares to one of our convertible note payable lenders as a penalty for failure to repay the convertible note when due. The value of these shares was determined to be $7,500 based on the market price of the stock on date issued in accordance with the convertible note payable agreement.
Tales, you just can't carry Kyle's water.
